Saratoga Investment Corp

Saratoga Investment Corp is a business development company specializing in leveraged and management buyouts acquisition financings growth financings recapitalization debt refinancing and transitional financing transactions at the lower end of middle market companies The fund structures its investments as debt and equity by investing through first and second lien loans mezzanine debt coinvestments select high yield bonds senior secured bonds unsecured bonds and preferred and common equity The fund prefers to invest in aerospace automotive aftermarket and services business products and services consumer products and services education environmental services industrial services financial services food and beverage healthcare products and services logistics distribution manufacturing restaurants services food services software services technology services specialty chemical media and telecommunications The fund seeks to invest in the United States The fund primarily invests between 60 million and 75 million in companies having EBITDA of 2 million or greater and revenues between 10 million and 150 million It targets annual revenues between 8 and 250 million The fund prefers to take a majority stake The fund invests through direct lending as well as participation in loan syndicates