Stellus Capital Management, LLC Provides Senior Debt Financing in Support of Gallant Capital Partners’ Investments in DynTek and rSolutions

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08/22/2023 - 06:15 AM

HOUSTON--(BUSINESS WIRE)-- Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing to support Gallant Capital Partners’ (“Gallant”) investments in DynTek, Inc. (“DynTek”), a US-based professional IT services, cybersecurity, and risk management organization, and rSolutions Corporation (“rSolutions”), a Canadian-based cybersecurity firm.

DynTek and rSolutions together deliver exceptional, cost-effective end-to-end IT solutions, managed IT services, managed cybersecurity services, and IT product sales to state and local government, educational, healthcare, financial services, and other enterprise customers in the US and Canada.

About Stellus Capital Management
Stellus Capital Management (“Stellus”) is one of the longest-tenured direct lenders specializing in senior secured loans in the lower middle market. Formed within the D.E. Shaw Group in 2004, Stellus spun out in 2012 and today manages $2.9 billion across various investment vehicles including closed-end institutional funds, a public BDC (NYSE: SCM), and a perpetual non-traded private BDC. Stellus is a single strategy firm and its founding partners have invested together in the lower middle market for 19+ years with a track record of $8.5bn deployed across ~350 transactions. Stellus is headquartered in Houston, TX with offices in the Washington D.C. area and Charlotte, NC. Learn more at stelluscapital.com.