financetom
Business
financetom
/
Business
/
STELLUS CAPITAL MANAGEMENT, LLC PROVIDES UNITRANCHE FINANCING IN SUPPORT OF PALM PEAK CAPITAL'S ACQUISITION OF DOMAILLE ENGINEERING
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
STELLUS CAPITAL MANAGEMENT, LLC PROVIDES UNITRANCHE FINANCING IN SUPPORT OF PALM PEAK CAPITAL'S ACQUISITION OF DOMAILLE ENGINEERING
Oct 7, 2025 3:27 AM

HOUSTON, Oct. 7, 2025 /PRNewswire/ -- Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided senior debt financing and an equity co-investment in support of Palm Peak Capital's ("Palm Peak") acquisition of Domaille Engineering ("Domaille" or the "Company"), a leading provider of highly advanced equipment and related accessories used to manufacture pre-terminated fiber optic cables.

Founded in 1990 and headquartered in Rochester, Minnesota, Domaille was previously a division of ADDMAN Engineering. The Company produces innovative equipment and tools used to manufacture advanced high bandwidth fiber optic cables. The Company's diverse customer base includes leading cable assembly houses and commercial clients serving data centers, telecommunications providers, and other enterprise end markets.

"With significant intellectual property and technical manufacturing expertise, Domaille Engineering is a clear leader in fiber optic manufacturing solutions, serving customers in some of the fastest-growing areas of the digital economy," said Dante Pavone, Vice President at Palm Peak. Jeremy Stone, Managing Partner, added, "We appreciate the support of the Stellus team in helping us accelerate Domaille's product innovation and growth."

 "We are grateful for the opportunity to partner with Palm Peak on another transaction," said Adam Pollock, Managing Director at Stellus. "Further, we are excited to partner with a Domaille team that has led the way in fiber optic equipment innovation and is well-positioned for their next phase of growth amidst some favorable demand drivers."

View original content to download multimedia:https://www.prnewswire.com/news-releases/stellus-capital-management-llc-provides-unitranche-financing-in-support-of-palm-peak-capitals-acquisition-of-domaille-engineering-302576479.html

SOURCE Stellus Capital Management, LLC

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump administration withdraws FDA plan to ban menthol cigarettes
Trump administration withdraws FDA plan to ban menthol cigarettes
Jan 24, 2025
Jan 24 (Reuters) - The Trump administration has withdrawn a plan to ban menthol cigarettes in the U.S., in a setback to health regulators and activists. The Food and Drug Administration had in April 2022 proposed to ban the sale of menthol cigarettes and flavored cigars, but its implementation was delayed several times by the Biden administration. A Jan.21 filing...
Affirm expands partnership with Liberty Mutual Investments
Affirm expands partnership with Liberty Mutual Investments
Jan 24, 2025
(Reuters) - Buy now, pay later lender Affirm Holdings ( AFRM ) has expanded its capital partnership with investment firm Liberty Mutual Investments (LMI), the companies said on Friday. The expanded partnership will see LMI upsizing its loan purchasing program with Affirm, including buying loans up to $750 million, the companies added. Over time, LMI is expected to invest up...
Affirm expands partnership with Liberty Mutual Investments
Affirm expands partnership with Liberty Mutual Investments
Jan 24, 2025
Jan 24 (Reuters) - Buy now, pay later lender Affirm Holdings ( AFRM ) has expanded its capital partnership with investment firm Liberty Mutual Investments (LMI), the companies said on Friday. The expanded partnership will see LMI upsizing its loan purchasing program with Affirm, including buying loans up to $750 million, the companies added. Over time, LMI is expected to...
Dan Loeb's Third Point Capitalizes On TSM's AI Expansion
Dan Loeb's Third Point Capitalizes On TSM's AI Expansion
Jan 24, 2025
Activist investor Dan Loeb‘s Third Point LLC holds a stake in Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ) , which has surged around 92% in the last year, outperforming the FTSE TWSE Taiwan 50 Index’s gain of approximately 49% and the S&P 500’s growth of roughly 25.0%. Third Point held 1.78 million shares in the contract chipmaker as of Sept....
Copyright 2023-2026 - www.financetom.com All Rights Reserved