Affiliates of Stellus Capital Management provided senior debt financing and an equity co-investment in support of CCMP Growth Advisors’ acquisition of Combined Caterers, an event management and catering services provider.
“We’ve been impressed with the stellar reputation and growth Combined Caterers has achieved under the leadership of Justin, Melissa and the highly accomplished management team,” Patrick McGrath, managing director at CCMP, said. “We appreciate Stellus’ support of the transaction and their ability to provide a flexible financing structure enabling us to expand the Combined Caterers business. We look forward to growing our partnership with Stellus going forward.”
“We are excited to partner with the CCMP and Combined Caterers’ teams,” Doug Bollermann, managing director at Stellus, said. “The company is a leader in the Southeast event catering market, which should be further enhanced through CCMP’s expertise scaling multi-site consumer businesses and consolidating highly fragmented markets.”
