SAR
- Saratoga Investment Corp.
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Overview
Company Summary
Saratoga Investment Corp. (SAR) is a publicly-traded business development company (BDC) that focuses on providing debt and equity financing solutions to middle-market companies in the United States. As a BDC, Saratoga Investment operates under the regulatory framework of the Investment Company Act of 1940.
The main objective of Saratoga Investment is to invest in the growth and expansion of middle-market companies across various industries. These companies typically have annual revenues ranging from $10 million to $150 million. Saratoga Investment primarily targets companies in sectors such as healthcare, technology, business services, manufacturing, and consumer products.
Saratoga Investment offers a range of financial products and solutions to meet the diverse needs of middle-market companies. This includes senior and subordinate debt, unitranche loans, mezzanine debt, and equity investments. By providing these financing options, SAR helps these companies finance strategic acquisitions, working capital, capital expenditures, and other growth initiatives.
In addition to providing capital, Saratoga Investment also offers financial and operational expertise to assist its portfolio companies in achieving their growth objectives. Its team of skilled professionals works closely with management teams to provide strategic guidance, industry insights, and value-added support.
Saratoga Investment's investment philosophy involves undertaking thorough due diligence to assess the creditworthiness and growth potential of potential portfolio companies. The company focuses on identifying businesses with strong management teams, competitive advantages, and sustainable market positions. By adhering to a disciplined investment approach, SAR aims to build a diversified portfolio of middle-market companies that generate attractive risk-adjusted returns for its shareholders.
Overall, Saratoga Investment Corp. plays a vital role in the middle-market financing ecosystem by provided much-needed capital, expertise, and support to promising companies, fostering their growth and contributing to the overall economic development.