Stellus Capital Management, LLC Provides Unitranche Financing in Support of CapStreet V, L.P.’s Recapitalization of Credit Bureau ConnectionNov 23, 2021
Houston – TX, November 23, 2021 – Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of CapStreet V, L.P.’s (“CapStreet”) investment in Credit Bureau Connection, Inc. (“CBC” or the “Company”), a provider of credit report and compliance solutions to the automotive and general consumer finance industries.
Founded in 2004, CBC optimizes and automates the consumer finance qualification process through a fast, easy-to-use, and secure software platform accessible to end-users directly, or via standard API protocols made available to its extensive network of software affiliate partners. The Company’s products and solutions place a heavy emphasis on compliance and identity verification to support the credit application and credit report process. CBC’s secure, cloud-based products help automotive dealers and lenders meet compliance requirements in a highly regulated industry.
“We are excited to partner with CBC and appreciated Stellus’ support on this transaction. Stellus’ creativity and flexibility resulted in an efficient deal execution,” said Adrian Guerra, Partner at CapStreet, adding, “We look forward to continuing our partnership with the Stellus team as we grow the CBC platform.”
Gavin Roseman, Managing Director at Stellus, added, “We are excited to partner with CapStreet on another transaction and look forward to working with management as the team pursues organic growth and acquisition opportunities. We believe the Company’s innovative software products and solutions, favorable industry tailwinds driving increased adoption, and CapStreet’s industry experience position the Company well for continued growth.”
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