Stellex Capital Management Acquires Custom Made Meals from New Water Capital

CCMP Growth Advisors Acquires Combined Caterers

December 3, 2024

Restaurants & Hospitality

CCMP Growth Advisors has acquired Combined Caterers, a premium event management and catering services provider headquartered in Charlotte, North Carolina. Stellus Capital Management provided senior debt financing and an equity co-investment to support the transaction, while Falfurrias Capital Partners exited its investment; Combined Caterers' management (CEO Justin King and CFO/COO Melissa Sutherland) will remain significant shareholders.

NexPhase Capital Partners With Metz Culinary Management

February 16, 2022

Restaurants & Hospitality

NexPhase Capital has partnered with Metz Culinary Management, a family‑driven outsourced food service and environmental services provider based in Dallas, Pennsylvania. Terms were not disclosed; NexPhase said it will support Metz’s growth across hospital, senior care, education and other institutional channels, including expansion of meal delivery to seniors at home.

Stellex Capital Management Acquires Crest Ultrasonics

October 3, 2025

Manufacturing

Stellex Capital Management, a New York-based private equity firm, has acquired Crest Ultrasonics, a global manufacturer of ultrasonic cleaning and welding equipment with operations in the United States, Europe and Asia. Stellex said it will partner with Crest's management to drive operational improvements, accelerate growth initiatives and expand the company's global footprint; terms were not disclosed.

Corporación Multi Inversiones (CMI) Acquires Significant Stake in Del Real Foods

October 31, 2024

Food & Beverage

Corporación Multi Inversiones (CMI), through its CMI Foods business, has entered a definitive agreement to acquire a significant equity stake in Del Real Foods from Palladium Equity Partners. The Cardenas family and Palladium will each retain minority stakes; the deal expands CMI's U.S. footprint and strengthens Del Real's position in refrigerated Hispanic prepared foods. Financial terms were not disclosed and the transaction is subject to regulatory approvals.

Stellex Capital Management Acquires Industrial Construction Services Holding (ICS)

January 15, 2025

Industrial Services

Stellex Capital Management, a New York-based middle-market private equity firm, has completed the acquisition of Industrial Construction Services Holding (ICS), a provider of mission-critical electrical and instrumentation services. Stellex plans to partner with ICS management to invest in organic growth and pursue strategic add-on acquisitions to expand the company’s service capabilities and geographic footprint across the United States.

Stellex Capital Management Acquires RTC Aerospace

March 21, 2022

Manufacturing

Stellex Capital Management completed a platform investment in RTC Aerospace LLC, a manufacturer of high-precision machined components for commercial and military aerospace customers. Stellex will support RTC’s organic growth and pursue an M&A-focused expansion strategy while existing investor/executive Brad Hart remains on the cap table and Dave Herr joins as a partner for growth.