Logan Ridge Finance Corporation
LRFC
$24.80
$0.301.22%
Corporate Info
Website
Phone Number
212 891 2880
Address
650 Madison Avenue
3rd Floor
New York, NY 10022
3rd Floor
New York, NY 10022
Country
United States
Year Founded
2013
Details
Sector
Financials
Industry
Financial Services
Employees
Business Decription
Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and beverage, Industrial & Environmental Services, logistics, distribution, media, telecommunication, manufacturing, consumer goods and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million. The fund makes minority equity co-investments, alongside management or financial sponsors.