Stellus Capital Management, LLC Provides Unitranche Financing in Support of Graham Partners’ Acquisition of Rhythmlink International, LLCApr 18, 2023
Houston, TX – April 18, 2023 – Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment to support Graham Partners’ (“Graham”) acquisition of Rhythmlink International, LLC (“Rhythmlink” or the “Company”).
Headquartered in Columbia, South Carolina, Rhythmlink designs, manufactures, and distributes custom single-use electrodes used to identify, elicit, and record neurophysiological signals and monitor brain health. The Company supplies clinicians, external service providers, and OEMs with a broad portfolio (500+ SKUs) and its products are custom tailored to address workflow challenges, evolving hospital protocols, and unique patient needs.
“We are excited to partner with Graham on another transaction and look forward to working with them and the entire Rhythmlink management team,” said Doug Bollermann, Managing Director at Stellus, adding, “We believe Rhythmlink’s leading market position, unique value proposition, and favorable underlying demand drivers position the Company for continued long-term success. Graham’s breadth of investing experience in the healthcare and technology sectors will serve as a strong foundation to support the Company’s continued growth.”
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