STELLUS CAPITAL MANAGEMENT, LLC PROVIDES UNITRANCHE FINANCING IN SUPPORT OF DFW CAPITAL PARTNERS' INVESTMENT IN B&A
Summary
HOUSTON, Sept. 10, 2024 /PRNewswire/ -- Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided debt financing and an equity co-investment in support of DFW Capital Partners ("DFW") investment in B&A (the "Company"), a leading information technology systems integrator on behalf of government agencies.Headquartered in McLean, Va., B&A provides solutions through six primary service offerings: Cloud Migration & Modernization, Agile DevSecOps Delivery, Application Transformation, Data Science & Analytics, Human Capital Management, and Operations & Enablement. With the support of DFW, B&A is well-positioned to achieve its long-term objectives of enhancing its technical service offerings, investing in strategic growth initiatives, and pursuing new market opportunities. "We were immediately impressed by B&As management team and the Companys remarkable 30+ year history of providing high quality information technology modernization services. B&As ability to grow alongside the nations most critical government agencies and evolve through technological change in the industry highlights their deep commitment to customer success. ""We are excited about the opportunity to partner with DFW and the entire B&A team," said Colin Baker, Managing Director at Stellus, adding, "we believe the Companys comprehensive service offering, along with DFWs experience in the sector, will position B&A well as they continue to scale."