Stellus Capital Provides Unitranche Financing to Support Palm Peak Capitals Acquisition of Domaille Engineering

Reuters10-07
Stellus Capital Provides Unitranche Financing to Support Palm Peak Capitals Acquisition of Domaille Engineering

Stellus Capital Management, LLC, through its affiliates, has provided senior debt financing and an equity co-investment to support Palm Peak Capital's acquisition of Domaille Engineering. Domaille Engineering, a leading provider of advanced equipment for manufacturing pre-terminated fiber optic cables, was previously a division of ADDMAN Engineering. The financing aims to accelerate Domaille's product innovation and growth, with Stellus expressing enthusiasm about partnering with both Palm Peak and Domaille's management for the company's next phase of development.

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