Stellus Capital Management announced its affiliates acted as administrative agent and provided senior debt financing and an equity co-investment in support of Eagle Merchant Partners’ acquisition of Impact Home Services, 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.

Brady Summer, Vice President at Eagle Merchant, said, “We are pleased to partner with Stellus on this exciting opportunity and appreciate their support and flexibility during the financing process. We look forward to continuing our strong relationship with Stellus going forward.”

“We appreciate the opportunity to partner with Eagle Merchant and the entire Impact team,” said Bill Haverland, Principal at Stellus. “We believe the Company’s leading market position in Georgia, strong management team, and favorable demand drivers position the Company for continued long-term success. Eagle Merchant’s breadth of investing experience in the franchisee sector will serve as a strong foundation for the Company’s continued growth which Stellus looks forward to supporting.”