Stellus Capital Management, LLC Provides Second Lien Financing in Support of Francisco Partners’ acquisition of Comodo CA Limited
Jan 16, 2018Houston – TX, January 16, 2018 – Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided a senior secured second lien term loan in support of Francisco Partners’ acquisition of Comodo CA Limited from parent Comodo Group (“Comodo”).
Comodo, founded in 2000 and headquartered in New Jersey, is one of the market leading providers of secure socket layer (“SSL”) certificates, providing a full suite of certificate products spanning all validation levels for website certificates, certificates for code-signing and email-signing, and the Comodo Certificate Manager (CCM) platform.
Brian Decker, a Principal with Francisco Partners, said, “It was a pleasure working with Stellus on this transaction. We look forward to the ongoing relationship as we further develop the Comodo platform.”
Adam Pollock, Managing Director at Stellus added, “Comodo offers an unrivaled level of security and reputation in a space where both are paramount to the success of the business model. We appreciate the opportunity to partner with Francisco Partners and management in supporting Comodo’s continued growth.”