CHARLOTTE, N.C.--(BUSINESS WIRE)--Capitala Group (“Capitala”), a provider of capital to lower and traditional middle market companies, announced today that it has opened an office in Midtown Manhattan and has hired Kelly Stotler as Director. Mr. Stotler will be focused on sourcing, executing, and monitoring new transactions for Capitala. The New York office will be the firm’s sixth U.S. based location.
“We are excited to add Kelly to the Capitala team,” said Joe Alala, III, Chairman & CEO of Capitala Group. “Kelly’s strong background in middle market debt and private equity origination, structuring, and underwriting makes him a key addition to firm as we continue to expand our direct origination platform.”
Mr. Stotler brings over 15 years of middle market loan origination, underwriting and portfolio management experience to Capitala Group. Prior to Capitala Group, he was Managing Director - Head of Loan Originations for Czech Asset Management where he sourced and executed $1B+ in private equity backed direct lending transactions. Previously Mr. Stotler was a Principal for H.I.G. Whitehorse and a Vice President at GE Capital Corporate Lending. Mr. Stotler earned a B.S. in Business Administration from the University of Florida and an MBA from the University of Florida Graduate School of Business.
About Capitala Group
Capitala Group is a leading provider of capital to lower and traditional middle market companies. Since 1998, Capitala Group has grown to be a $2.7 billion investment firm whose managed funds have invested in over 145 businesses, representing over $1.4 billion of investments in a variety of industries throughout North America. Capitala’s approach to investing, whether in its growth fund strategy or its lower middle market credit strategy, has proven to be a reliable and attractive financing solution to our partners. Capitala Group manages both public capital (Capitala Finance Corp.) (Nasdaq:CPTA) and private capital (Capitala Private Credit Fund V, L.P.; CapitalSouth SBIC Fund IV, L.P.; and Capitala Specialty Lending Corp.) for institutional and individual investors, and seeks to partner with strong management teams to create value and serve as long term partners. For more information visit our website at www.CapitalaGroup.com.