Stellus Capital Management Provides Unitranche Financing to Elder Care Homecare in Partnership with Rallyday Partners.

Stellus Capital Management provided unitranche financing to support Rallyday Partners' investment in Elder Care Homecare, a premium senior home care agency in the Northeast. The financing will help Elder Care grow its footprint and meet increased demand for its services. Stellus Managing Director John Sievers said Elder Care has established a reputation for best-in-class care and is well-positioned to meet seniors' preference for in-home care.

Stellus Capital Management, LLC (Stellus) has provided unitranche financing to support Rallyday Partners' investment in Elder Care Homecare, a premium senior home care agency serving New York, New Jersey, Connecticut, and Massachusetts [1][2][3]. The financing, which includes senior debt and an equity co-investment, aims to help Elder Care expand its services and meet the growing demand for in-home care.

Elder Care, established in 2008, offers a comprehensive suite of services, including personal care, companionship, skilled nursing, memory care, and rehabilitation. The company's success is driven by its highly trained caregivers, robust clinical oversight, and personalized approach to care. Managing Partner Frank A. Corvino of Rallyday Partners expressed his enthusiasm about the partnership, highlighting Elder Care's commitment to operational excellence and support for seniors and their families [1][2].

John Sievers, Managing Director at Stellus, echoed the sentiment, noting that Elder Care has built a strong reputation for providing best-in-class care in the Northeast. He believes the company's services are well-positioned to meet the increasing demand from seniors who prefer to receive care in the comfort of their own homes [1][2][3].

The unitranche financing from Stellus will enable Elder Care to grow its footprint and continue delivering high-quality care to seniors in the Northeast. This partnership underscores the confidence that Stellus and Rallyday Partners have in Elder Care's ability to meet the growing needs of the aging population.

References:
[1] https://www.prnewswire.com/news-releases/stellus-capital-management-llc-provides-unitranche-financing-in-support-of-rallyday-partners-investment-in-elder-care-homecare-302530719.html
[2] https://www.stelluscapital.com/stellus-capital-management-llc-provides-unitranche-financing-in-support-of-rallyday-partners-investment-in-elder-care-homecare/
[3] https://www.morningstar.com/news/pr-newswire/20250819da51972/stellus-capital-management-llc-provides-unitranche-financing-in-support-of-rallyday-partners-investment-in-elder-care-homecare