Stellus Capital Management, LLC Provides Unitranche Financing In Support Of Civc Partners' Investment In Strategus LLC

HOUSTON, March 18, 2025 /PRNewswire/ -- Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided senior debt financing and an equity co-investment in support of CIVC Partners, L.P.'s ("CIVC") investment in Strategus LLC ("Strategus") in partnership with co-founders Dave Miles and Joel Cox, CEO Todd Porch, and the broader Strategus management team.

Strategus is a leading managed services provider of high-performance connected TV ("CTV") advertising campaigns serving digital agency and direct brand clients. The Company was founded in 2013 by Dave Miles and Joel Cox, and over the last 12 years, has established itself as a premier provider of programmatic CTV and omnichannel marketing campaigns.

Scott Schwartz, Partner at CIVC, commented that, "Strategus is a premier provider in the sector with more than a decade of experience delivering CTV and omnichannel marketing campaigns to its agency and brand clients. We are excited to partner with Dave Miles, Todd Porch, Joel Cox, and the Strategus team to support the company in expanding its managed services offering and pursuing strategic acquisitions."

"We are excited to partner with CIVC on another transaction across the digital marketing services sector," said Colin Baker, Managing Director at Stellus, adding, "We look forward to working with the entire Strategus management team and supporting the business in its continued growth".