Stellus Capital Management, LLC Supports Onclusive’s Acquisition of Digimind with Incremental Debt Financing and an Equity Co-Investment.Aug 02, 2022
Houston, TX – August 2, 2022 – Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment to support the acquisition of Digimind by Onclusive (the “Company”), a portfolio company of Symphony Technology Group (“STG”). Digimind is a global leader in AI-powered social listening platforms and market intelligence software.
Onclusive, headquartered in London, UK, provides industry-leading media monitoring, measurement, and workflow management solutions for public relations and communications. The Company was formed in 2022 after merging Kantar’s Reputation Intelligence businesses with Onclusive, Inc. and PRgloo Ltd. and rebranding the platform “Onclusive”. Through the acquisition of Digimind, Onclusive expands its social media listening and intelligence capabilities for clients worldwide. The acquisition follows Onclusive’s acquisition of Critical Mention, a US-based media monitoring platform, in May 2022.
J.T. Treadwell, Managing Director at STG, said, “Digimind is a strong strategic fit for the Onclusive platform, giving us critical social media insights that provide a complete suite of global media monitoring, measurement, and management solutions to public relations and communications teams. We appreciate Stellus’ continued support of Onclusive’s growth.”
Adam Pollock, Managing Director at Stellus, added, “We are excited to continue supporting STG and Onclusive’s investment thesis to build a global leader in media intelligence. Integrating Digimind’s technology will provide best-in-class social media listening capabilities to Onclusive’s growing customer base.”
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