Hidden Harbor Capital Partners and Stellus Capital Management Acquire Norplex Micarta

Hidden Harbor Capital Partners is an operationally focused private equity firm focused on acquiring North American middle-market companies. The Firm seeks businesses with up to $500 million in revenue and up to $30 million of EBITDA. Sectors of interest include industrials, transportation/logistics, consumer products, automotive, environmental, chemicals, food/beverages, and business services. Hidden Harbor Capital Partners was established in 2016 and is based in Boca Raton, Florida.

Stellus Capital Management is a provider of debt and equity capital to middle-market companies headquartered throughout the US and Canada. For credit commitments, Stellus looks to provide $10 to $50 million of capital to help support buyouts, acquisitions, recapitalization, growth opportunities, rescue financing, distressed situations, as well as bridge loans. Sectors' of interest for Stellus' credit practice includes business services, energy, general industrial, government, healthcare, software and specialty finance. Stellus' equity practice seeks to provide $30 to $50 million to small and mid-sized energy (upstream, oilfield services, midstream) companies. Stellus Capital was originally formed in 2004 as Laminar Direct Capital and operated as the direct investing unit of D.E. Shaw. The Group became independent in 2012. Stellus has offices in Houston, New York City, and Washington DC.