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Stellus Capital Management, LLC (“Stellus”) announced today
May 09, 2017SHARE
Houston, TX – May 9, 2017 – Stellus Capital Management, LLC (“Stellus”) announced today that it upsized its second lien term loan to support the acquisition of National Legal Services, LLC (“NLS”) by Keais Records Service (“Keais”), an existing portfolio company of The CapStreet Group (“CapStreet”).
Founded in 1975 and headquartered in Houston, Keais is a national provider of outsourced information retrieval. Keais’ services are primarily used by insurance carriers and law firms who need to retrieve medical records and other supporting documents to verify claim benefits or as supporting evidence in various legal processes.
Keais had an active 2016 and first quarter of 2017. In addition to completing its recent acquisition of NLS, Keais acquired LegalPartners and merged with Second Image.
California-based NLS and its subsidiaries are providers of medical records and summary services to insurance carriers and law firms. They provide a full range of services, including medical document retrieval, online services for document management and subpoena preparation and servicing. Additionally, NLS brings an expert witness service to Keais.
