Brief: P10 Expands Into Lower-Middle Market Direct Lending With Acquisition Of Stellus Capital Management

Stellus Capital Investment

05/02/2026 12:32

Feb 5 (Reuters) - P10 Inc PX.N:

P10 EXPANDS INTO LOWER-MIDDLE MARKET DIRECT LENDING WITH ACQUISITION OF STELLUS CAPITAL MANAGEMENT

P10 INC - TO BUY STELLUS CAPITAL FOR $250 MILLION

P10 INC: EXPECTS TO FINANCE CASH PORTION OF INITIAL CONSIDERATION WITH A MIX OF CASH-ON-HAND AND BY DRAWING ON P10'S REVOLVING CREDIT FACILITY

P10 INC: ADDITIONALLY, UP TO $60 MILLION IN EARNOUT CONSIDERATION MAY BE PAYABLE BASED ON FEE-RELATED REVENUE IN 2027 AND 2029

Source text: ID:nGNX1ZQvN9

Further company coverage: PX.N

 ((Reuters.Briefs@thomsonreuters.com;))