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.
Year | Receivables | Debt | Liabilities | Assets | Current Assets |
---|---|---|---|---|---|
2023 | 1.37 M | 97.62 M | 107.91 M | 197.09 M | 25.85 M |
2022 | 1.58 M | 110.28 M | 119.71 M | 214.71 M | 8.37 M |
2021 | 1.61 M | 83.75 M | 135.19 M | 242.22 M | 40.67 M |
2020 | 2.29 M | 163.55 M | 219.05 M | 328 M | 52.23 M |
2019 | 1.75 M | 210.23 M | 279.22 M | 427.34 M | 64.07 M |