Stellus Capital Management¸ a provider of middle-market direct lending, provided senior debt financing and an equity co-investment to support the acquisition of Critical Mention by Onclusive, a portfolio company of Symphony Technology Group (STG).
Onclusive, headquartered in London, provides 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 and PRgloo and rebranding the platform “Onclusive”. The acquisition of Critical Mention, a media monitoring suite that provides real-time search, monitoring and results of audio and visual streams, will expand the company’s capabilities and geographic scale in the U.S.
“Critical Mention is a very strong addition to our new platform Onclusive, giving us a U.S. based operation of scale, accretive cloud-based monitoring technologies and a high-quality team that will enhance our solutions and help drive our growth, both in the U.S. and globally,” J.T. Treadwell, managing director at STG, said. “Stellus was a constructive partner to this highly accretive acquisition, ramping up quickly on our platform strategy and providing a flexible capital solution to support Onclusive’s future growth.”
“We appreciate the opportunity to partner with STG and support its investment in Onclusive,” Adam Pollock, managing director at Stellus, said. “Critical Mention will bolster its positioning within the global media intelligence industry in supporting clients with real-time insights, technology, and expertise under one platform.”
