Stellus Capital Management, LLC Provides First Lien and Equity Financing in Support of The CapStreet Group’s Investment in PCS SoftwareJul 23, 2019
Houston – TX, July 23, 2019 – Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of The CapStreet Group’s investment in PCS Software Inc. (“PCS” or the “Company”), a provider of integrated transportation management software for the ground transportation industry.
Founded in 1997 and headquartered in Shenandoah, Texas, PCS develops and directly markets an integrated transportation management software solution for the inland trucking industry in the United States and Canada. The Company’s solution allows a carrier or broker to run their entire operations including dispatch, fleet management, and accounting with one integrated solution.
Gavin Roseman, Managing Director at Stellus, added, “We are excited to partner with The CapStreet Group again and support their investment in PCS. PCS’ unique one-stop turnkey solution to trucking carriers has positioned the company to capitalize on a growing industry while enabling its customers to achieve their goals.”