Affiliates of Stellus Capital Management provided senior debt financing and an equity co-investment in support of CIVC Partners’ investment in Strategus in partnership with co-founders Dave Miles and Joel Cox, CEO Todd Porch and the broader Strategus management team.
“Strategus is a premier provider in the sector with more than a decade of experience delivering CTV and omnichannel marketing campaigns to its agency and brand clients,” Scott Schwartz, partner at CIVC, said. “We are excited to partner with Dave Miles, Todd Porch, Joel Cox, and the Strategus team to support the company in expanding its managed services offering and pursuing strategic acquisitions.”
“We are excited to partner with CIVC on another transaction across the digital marketing services sector,” Colin Baker, managing director at Stellus, said. “We look forward to working with the entire Strategus management team and supporting the business in its continued growth.”