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Stellus Capital Management, LLC Provides Unitranche Financing in Support of Northlane Capital Partners’ Investment in Plus Delta Partners
Feb 25, 2025SHARE
Houston, TX – February 25, 2025 – Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of Northlane Capital Partners’ (“NCP”) investment in Plus Delta Partners (“PDP” or “the Company”), a leading provider of specialized fundraising training and tools designed to enable higher education institutions, healthcare organizations, and other nonprofits to maximize donor contributions. NCP invested alongside PDP’s management team, led by CEO Beth Nelson, and its founder, Guy Hart.
PDP offers a comprehensive suite of fundraising training solutions tailored to frontline fundraisers and other key stakeholders across all stages of the fundraising lifecycle. With a team of approximately 30 employees, PDP has served over 400 customers in the U.S. and internationally.
“The team at PDP has built a best-in-class platform that addresses critical fundraising challenges for nonprofits. As PDP’s first institutional capital partner, we are excited to work closely with Beth and the PDP team to build on their strong foundation and further solidify their leadership in the fundraising solutions space,” said Scott Kauffman, Partner at NCP.
Colin Baker, Managing Director at Stellus, added, “We are excited to partner with NCP on another transaction and look forward to working with the entire PDP management team. We believe PDP’s unique value proposition, combined with NCP’s expertise within training and education sectors, will help drive the next phase of growth.”
For inquiries related to this Press Release, please contact:
Colin Baker
(713) 292-5411
cbaker@stelluscapital.com
