Stellus Capital Backs Catchment Capital's Investment in Fidus Systems with Unitranche Financing
Reuters
Nov 04
Stellus Capital Backs Catchment Capital's Investment in Fidus Systems with Unitranche Financing
Stellus Capital Management, LLC, through its affiliates, has provided senior debt financing and an equity co-investment to support Catchment Capital's investment in Fidus Systems, a leading provider of advanced electronic and embedded system design services headquartered in Ottawa, Ontario. The financing arrangement supports Catchment Capital's acquisition of Fidus Systems, which serves over 500 customers across a range of industries including semiconductors, aerospace, defense, communications, and medical devices. Stellus Capital's involvement is expected to help accelerate Fidus Systems' growth and capitalize on industry trends such as increasing demand for complex design services and advanced electronics.
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