STELLUS CAPITAL MANAGEMENT, LLC PROVIDES UNITRANCHE FINANCING IN SUPPORT OF CIVC PARTNERS' INVESTMENT IN STRATEGUS LLC

Whats Happening:

Stellus Capital Management has announced that its affiliates provided senior debt financing and an equity co-investment to support CIVC Partners' investment in Strategus LLC. Strategus is a leading managed services provider of high-performance connected TV (CTV) advertising campaigns serving digital agency and direct brand clients.

Key Moves:

• Stellus provides senior debt financing and equity co-investment for CIVC Partners' investment in Strategus

• CIVC Partners invests in Strategus, a CTV advertising campaign provider

• Strategus management team, including founders and CEO, partner with CIVC in the investment

By The Numbers:

• Strategus was founded in 2013

• Strategus has over 12 years of experience in CTV advertising

• Strategus offers programmatic CTV and omnichannel marketing campaigns

Key Quotes:

• "Strategus is a premier provider in the sector with more than a decade of experience delivering CTV and omnichannel marketing campaigns to its agency and brand clients," said Scott Schwartz, Partner at CIVC

• "We are excited to partner with CIVC on another transaction across the digital marketing services sector," said Colin Baker, Managing Director at Stellus

Bottom Line:

Stellus Capital Management's financing support for CIVC Partners' investment in Strategus demonstrates the fund's continued involvement in the digital marketing services sector. This transaction highlights the growing interest in CTV advertising providers and the potential for expansion in managed services offerings and strategic acquisitions in this space.

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