Logan Ridge Finance - aVenture Asset Manager Research
Logan Ridge Finance
Operating Status: Operating
NYC-based Logan Ridge Finance Corp. specializes in debt and equity co-investment in diverse industries across the US.
Location
New York City, NY, US
Founded
2013
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.
Logan Ridge Finance - Classification
Also Known As
Logan Ridge Finance Corporation
NAICS
520000Finance and Insurance
523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities