Stellus Capital Leads Growth Investment in Elmdale Partners

Aquiline Capital Partners Invests in Elm Street Technology

February 5, 2020

Cloud & SaaS

Aquiline Capital Partners has made a strategic growth investment in Elm Street Technology, the operator of the Elevate real estate technology and marketing platform. The capital will be used to accelerate product development, broaden sales and marketing capabilities, and support strategic acquisitions to expand Elm Street’s suite of solutions for real estate agents, teams and brokerages.

Interlock Equity and Stellus Capital Invest in evolv Consulting

January 22, 2024

Data & Analytics

Los Angeles-based private equity firm Interlock Equity has made a strategic growth investment in evolv Consulting, a Dallas-based data-driven management and technology consultancy. Stellus Capital Management provided unitranche financing and an equity co-invest to support the transaction; the capital will be used to expand evolv's services, deepen industry expertise, broaden geographic reach and enable strategic add-ons.

BV Investment Partners Invests in Hardenbergh Group; Stellus Provides Unitranche Financing

August 15, 2023

Healthcare Services

BV Investment Partners made a growth-oriented investment in The Hardenbergh Group, a provider of non-clinical professional staffing, consulting, physician peer review and outsourced GRC solutions to healthcare organizations. Stellus Capital Management provided unitranche senior debt financing and an equity co-investment to support BV's investment; proceeds will fund Hardenbergh's strategic growth plan and expansion of its GRC and staffing capabilities.

Recognize Partners (with Stellus financing) Makes Strategic Growth Investment in 2X

March 29, 2023

Marketing & Advertising

Recognize Partners made a strategic growth equity investment in 2X, the B2B marketing-as-a-service (MaaS) pioneer, marking 2X's first institutional financing. Stellus Capital Management provided unitranche debt and an equity co-investment to support the transaction; 2X's management team will remain in place to scale the firm's MarTech, delivery, and global capabilities.

IK Partners Makes Development Capital Investment in Kestrel Capital

May 29, 2025

Financial Services

IK Partners' IK Small Cap III fund has signed an agreement to invest in Dublin-headquartered wealth manager Kestrel Capital alongside the company's existing owners. The minority development-capital investment will support Kestrel's growth — expanding services, investing in operations and pursuing selective add-on acquisitions as the firm builds on its more than €1bn in assets under management.

The CapStreet Group Recapitalizes PCS Software with Financing from Stellus Capital

July 9, 2019

Software

The CapStreet Group completed a majority recapitalization of PCS Software, Inc., a provider of integrated transportation management software for the inland trucking industry, with Stellus Capital Management providing senior debt financing and an equity co-investment. Founder and CEO Mike Till remains with the company; CapStreet said the partnership will accelerate PCS's sales and technology investments to better serve carriers and brokers in the United States and Canada.