Stellus Capital Management provides financing to support CCMP Growth Advisors' acquisition of Combined Caterers, a leading Southeast event management and catering services provider.

Information on the Target

Combined Caterers, headquartered in Charlotte, NC, is a premier event management and catering services provider that has been operational since 1989. The Company specializes in delivering comprehensive event management solutions for upscale weddings, corporate gatherings, and social events, including non-profit galas across the Southeastern United States. Over the years, Combined Caterers has successfully expanded its geographic footprint and currently operates several prominent local catering brands in major cities, including Best Impressions Caterers in Charlotte, Duvall Catering & Events in Charleston, and Rocky Top Catering in Raleigh.

The Company is renowned for its exceptional food quality and outstanding service. It caters to a diverse clientele across exclusive venues and third-party locations, supported by centralized commissary kitchens strategically located in each market. This infrastructure allows Combined Caterers to efficiently and consistently execute a wide array of events, thereby solidifying its position as a market leader in the event catering sector.

Industry Overview in the Southeast

The event catering industry in the Southeastern United States has witnessed substantial growth in recent years, fueled by rising consumer demand for high-quality catering services. The region's vibrant culinary scene, supported by a diverse demogra