Stellus Capital Management’s affiliates provided senior debt financing and an equity co-investment in support of Interlock Equity’s investment in evolv Consulting, a data-driven digital consulting firm.
“The evolv organization is a highly talented group of individuals who provide strategic advisory services and deliver innovative technology solutions,” Stefan Jensen, managing director of Interlock, said. “We are very excited to partner with the management team and look forward to supporting the company’s continued growth and success. We appreciate Stellus’ partnership, efficiency and flexibility throughout the transaction process.”
“evolv has experienced rapid growth since its founding and is well positioned to continue benefiting from increased demand for data processing and analytics, cloud services and solutions engineering,” John Sievers, principal at Stellus, said. “We are excited to partner with Interlock and the evolv management team for the next phase of growth.”
