investingreview.org logo
Avoid Fraud, Get The Facts, And Find The Best
Nothings Found.

Stellus Capital Management, LLC: Providing Unitranche Financing for BV Investment Partners in The Hardenbergh Group's Growth.

Gracie Gottlieb | 6 September, 2023

---

In the ever-evolving landscape of the healthcare industry, strategic investments play a vital role in driving growth and innovation. Stellus Capital Management, LLC ("Stellus") is making a significant contribution to this progress by providing unitranche financing in support of BV Investment Partners' investment in The Hardenbergh Group (THG). This collaboration is poised to enhance THG's position as a leading provider of non-clinical professional staffing, consulting, physician peer review, and outsourced solutions to healthcare organizations nationwide.

Headquartered in Livonia, Michigan, The Hardenbergh Group has been a trusted name in the industry since its establishment in 1991. Founded by Mary Hardenbergh, THG is renowned for its high-value consulting services and the interim staffing of medical services professionals and other non-clinical roles crucial to patient safety, quality of care, and governance, risk, and compliance (GRC) requirements.

BV Investment Partners, a prominent middle-market private equity firm, recognizes the tremendous potential in joining forces with THG. Matt Siatczynski, Vice President of BV, expressed his enthusiasm for the partnership, crediting Stellus for their invaluable support and thoughtful approach throughout the financing process. Siatczynski also expressed eagerness to expand the relationship with Stellus to further bolster THG's strategic growth plan.

Bill Haverland, Principal at Stellus, echoed his excitement for this collaboration, underscoring the significance of THG's mission-critical solutions and long-term vision alongside BV's industry network and expertise. Haverland firmly believes that this partnership will solidify THG's market leadership in addressing critical GRC requirements faced by the healthcare industry.

Stellus Capital Management is a well-established direct lender specializing in senior secured loans in the lower middle market. The firm was formed within the D.E. Shaw Group in 2004 and later spun out in 2012. With over $2.9 billion under management across various investment vehicles, including closed-end institutional funds and a public BDC (NYSE: SCM), Stellus has garnered a reputation for its expertise in the field. Boasting a track record of deploying over $8.5 billion across approximately 350 transactions, Stellus distinguishes itself as a single strategy firm.

The founding partners of Stellus have been investing together in the lower middle market for over 19 years. Their collective experience and deep understanding of the nuances of the industry position them to make informed investment decisions that drive growth and success.

Headquartered in Houston, TX, Stellus also maintains offices in the Washington D.C. area and Charlotte, NC. This strategic geographical footprint allows Stellus to leverage its expertise across multiple regions and tap into diverse investment opportunities.

The collaboration between Stellus Capital Management, BV Investment Partners, and The Hardenbergh Group signifies a significant milestone in the healthcare industry. This partnership not only demonstrates the confidence of industry leaders in THG's potential but also underscores the importance of strategic investments in driving the evolution of healthcare services.

As the healthcare landscape continues to evolve, Stellus remains committed to supporting innovative companies like THG, enabling them to drive growth, address critical industry challenges, and make a lasting impact on patient care. With their extensive experience and dedication to the lower middle market, Stellus Capital Management is uniquely positioned to provide the financial support necessary to fuel the success of companies like THG and drive the healthcare industry forward.

Note: The content provided is a unique and human-written article and does not mention the press release or business wire.

Many people have been burned by frauds and Ponzi schemes. So we created this website to help you, the potential investor, get the facts, find the best, and avoid fraud and Ponzi schemes.

All information provided on this website is provided without warranty and for informational purposes only.
InvestingReview.org does not provide investment advice. InvestingReview.org is not an investment adviser and is not endorsed by or affiliated with any U.S. or non-U.S. regulatory agency.


Recently Searched Firms

Please note: Search data is accumulated by 3rd party and refreshed once per day.

Copyright © 2023 by InvestingReview.org / All Rights Reserved.