Cathay Capital Makes Strategic Investment in CPAP.com with Stellus Providing Unitranche Financing
February 1, 2022
Cathay Capital completed a strategic growth investment in CPAP.com, the Houston-based direct-to-consumer e-commerce leader for CPAP and sleep apnea products. Stellus Capital Management provided unitranche senior debt financing and an equity co-investment to support the transaction; CPAP.com founders Johnny and Carolyn Goodman remain in leadership and on the new holding company board.
- Buyers
- Cathay Capital, Stellus Capital Management, LLC
- Targets
- CPAP.com
- Industry
- E-Commerce
- Location
- Texas, United States
- Transaction Type
- Growth capital
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