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Investment Companies & Venture Capital M&A image Investment Companies & Venture Capital M&A » By The Online Investor Staff, updated Fri., Apr. 26, 2:52 PM Recent mergers and acquisitions in the Investment Companies & Venture Capital M&A category.

Slide #22. Fifth Street Finance Corp. Healthcare Finance Group, LLC

Acquirer: Fifth Street Finance Corp. (FSC)
Acquiree: Healthcare Finance Group, LLC
Details: Fifth Street Finance Corp. (Nasdaq:FSC) ("Fifth Street") today announced that it has successfully closed its portfolio company acquisition of Healthcare Finance Group, LLC ("HFG"). Fifth Street invested $114 million to effect the acquisition, financing the purchase with available liquidity, including operating cash and borrowings under Fifth Street's existing credit facilities. Fifth Street expects the acquisition to be immediately accretive to net investment income.

Fifth Street Finance is a finance company that lends to and invests in small and mid-sized companies, primarily in connection with investments by private equity sponsors. Co. is externally managed and advised by Fifth Street Management LLC. Co.'s investments generally range in size from $10.0 million to $100.0 million and are principally in the form of first lien, second lien and subordinated debt investments that may also include an equity component. At Sep 30 2016, Co. had total assets of $2.35 billion.

Open the FSC Page at The Online Investor »

Company Name:  Oaktree Specialty Lending Corp
Website:  www.fifthstreetfinance.com
Sector:  Investment Companies & Venture Capital
 

Open the FSC Page at The Online Investor (in a new window) »

April 26, 2024    2:52 PM Eastern
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Hold (2.50 out of 4)
52nd percentile
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