Investment Brokerages M&A » By The Online Investor Staff, updated Fri., Mar. 29, 1:35 AM
Recent mergers and acquisitions in the Investment Brokerages M&A category.
Slide #36. OFS Capital Corporation — SBIC Fund
Acquirer: |
OFS Capital Corporation (NASDAQ:OFS) |
Acquiree: |
SBIC Fund |
Details: |
OFS Capital Corporation (NASDAQ:OFS), a business development company (BDC), announced today that it received approval from the Small Business Administration (SBA) to acquire the remaining limited and general partnership interests of Tamarix Capital Partners, L.P., a small business investment company (SBIC Fund). OFS Capital acquired the interests on December 4, 2013, which will result in the SBIC Fund becoming a wholly-owned drop-down subsidiary of OFS Capital. The drop-down is anticipated to be finalized within the next 30 days and is contingent on OFS Capital meeting the SBA's document delivery and capital funding requirements. |
OFS Capital is an externally managed, closed-end, non-diversified management investment company. Co.'s investment objective is to provide its stockholders with both income and capital appreciation primarily through debt investments and, to a lesser extent, equity investments primarily in middle-market companies principally in the United States.
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March 29, 2024 1:35 AM Eastern
Strong Buy (4.00 out of 4)
0th percentile
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