Stellus Capital Management provides unitranche financing to support Palm Peak Capital's acquisition of Domaille Engineering, a leader in fiber optic manufacturing.

Target Information

Stellus Capital Management, LLC today announced the provision of unitranche financing to support Palm Peak Capital's acquisition of Domaille Engineering. Domaille Engineering, established in 1990 and based in Rochester, Minnesota, specializes in manufacturing advanced equipment and accessories for the production of pre-terminated fiber optic cables. Originally part of ADDMAN Engineering, Domaille has established itself as a significant player in the fiber optic sector, serving a diverse array of clients including cable assembly houses and enterprise clients within data centers and telecommunications.

The Company boasts a wealth of intellectual property and manufacturing expertise, positioning itself as a leader in fiber optic manufacturing solutions. With its innovative products, Domaille addresses the demands of a rapidly expanding digital economy, which is integral for modern connectivity solutions.

Industry Overview

The fiber optic manufacturing industry in the United States is experiencing exponential growth due to the increasing demand for high-speed internet and data transmission solutions. As businesses and consumers alike push for en