Stellus Capital Management, a provider of middle market direct lending, provided senior debt financing and an equity co-investment to support the acquisition of Digimind by Onclusive, a portfolio company of Symphony Technology Group (STG). Digimind is a global provider of AI-powered social listening platforms and market intelligence software.
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”. 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 U.S.-based media monitoring platform, in May 2022.
“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,” J.T. Treadwell, managing director at STG, said. “We appreciate Stellus’ continued support of Onclusive’s growth.”
“We are excited to continue supporting STG and Onclusive’s investment thesis to build a global leader in media intelligence,” Adam Pollock, managing director at Stellus, said. “Integrating Digimind’s technology will provide best-in-class social media listening capabilities to Onclusive’s growing customer base.”
