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

BV Investment Partners Acquires Majority Stake in The Millennium Alliance

August 6, 2025

Marketing & Advertising

BV Investment Partners has made a majority investment in The Millennium Alliance, a New York–headquartered peer-to-peer sales enablement platform that hosts curated C-suite assemblies, dinners and operates digital properties including the Millennium Live podcast. Stellus Capital Management provided unitranche financing and an equity co-investment to support the transaction; BV will work with the Millennium management team to accelerate growth, expand digital and data capabilities, and scale the executive events platform.

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 Acquires AST LLC

January 24, 2022

IT Services

Recognize Partners, a technology services-focused investment platform, has acquired AST LLC (AST Corporation) from Tailwind Capital. The transaction gives Recognize a platform to accelerate AST’s cloud and digital transformation services, expand global delivery capabilities, and invest in innovation across Oracle and Salesforce ecosystems.

Recognize Makes Strategic Investment in SpringML

October 14, 2021

Data & Analytics

Recognize, a technology services investment platform, made a strategic growth investment in machine learning and advanced data analytics firm SpringML. SpringML's founders will remain in leadership, Raj Mehta of Recognize joins SpringML's board as Chairman, and the partnership is intended to help SpringML scale organically and inorganically while expanding its Google Cloud and Salesforce-based analytics offerings.

Stellus Capital Leads Growth Investment in Elmdale Partners

September 21, 2021

Real Estate

Stellus Capital Management led a strategic growth capital investment in Elmdale Partners, with participation from LBC Small Cap SBIC and Jones Capital. The funding will support Elmdale’s geographic expansion, M&A activity, technology upgrades for its network of independent agents, and refinancing of existing debt.

Recognize Partners Makes Strategic Investment in Ciklum Group Limited

December 29, 2020

IT Services

Recognize Partners, a technology-focused private equity platform, has made a strategic growth investment in Ciklum Group Limited, a UK-headquartered digital transformation and custom software services firm. The investment will see Recognize partner with Ciklum’s existing shareholders and management to support capability expansion and global growth across hi-tech, fintech and consumer end markets.