HOUSTON, & CHARLOTTE, N.C.--(BUSINESS WIRE)--Stellus Capital Management, LLC ("Stellus") announced today that its affiliates acted as administrative agent and provided senior debt financing and an equity co-investment in support of Eagle Merchant Partners' ("Eagle Merchant") acquisition of Impact Home Services, LLC ("Impact" or the "Company"), an independent owner and operator of franchises within Neighborly, the world's largest home services company.
Formed in 2021 by Shirin Kanji, Impact operates franchises for leading brands, including Mr. Rooter Plumbing, Mr. Electric, and Precision Door Service in Metro Atlanta and broader Georgia, servicing both residents and commercial customers.