STOCK TITAN

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

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Stellus Capital Management provides senior debt financing to support Gallant Capital Partners' investments in DynTek and rSolutions.
Positive
  • None.
Negative
  • None.

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.

Sarah Bowes

BackBay Communications

sarah.bowes@backbaycommunications.com

Source: Stellus Capital Management

Stellus Capital Investment Corporation

NYSE:SCM

SCM Rankings

SCM Latest News

SCM Stock Data

341.38M
24.13M
4.64%
13.98%
0.36%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
HOUSTON

About SCM

stellus capital management is a financial services company based out of calle laguna del marquesado nª 19, nave 16 edificio adriana 1ª planta, polígono industrial la resina (villaverde), madrid, community of madrid, spain.