STELLUS CAPITAL MANAGEMENT, LLC PROVIDES UNITRANCHE FINANCING IN SUPPORT OF NORTHLANE CAPITAL PARTNERS' INVESTMENT IN PLUS DELTA PARTNERS

Whats Happening:

Stellus Capital Management has provided senior debt financing and an equity co-investment to support Northlane Capital Partners' investment in Plus Delta Partners. PDP is a leading provider of specialized fundraising training and tools for higher education institutions, healthcare organizations, and other nonprofits. The investment involves PDP's management team, led by CEO Beth Nelson, and its founder, Guy Hart.

Key Moves:

• Stellus provides unitranche financing for Northlane Capital Partners' investment in Plus Delta Partners

• PDP offers fundraising training solutions for nonprofits across all stages of the fundraising lifecycle

• Northlane Capital Partners becomes PDP's first institutional capital partner

By The Numbers:

• PDP has served over 400 customers in the U.S. and internationally

• PDP has a team of approximately 30 employees

• PDP offers a comprehensive suite of fundraising training solutions

Key Quotes:

• "The team at PDP has built a best-in-class platform that addresses critical fundraising challenges for nonprofits," said Scott Kauffman, Partner at NCP.

• "We are excited to partner with NCP on another transaction and look forward to working with the entire PDP management team," added Colin Baker, Managing Director at Stellus.

Bottom Line:

Stellus Capital Management's unitranche financing support for Northlane Capital Partners' investment in Plus Delta Partners demonstrates the fund's commitment to backing specialized service providers in the nonprofit sector. This partnership aims to leverage PDP's strong foundation in fundraising solutions and NCP's expertise in training and education sectors to drive future growth and solidify PDP's leadership in the fundraising solutions space.

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