Company Description
OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions.
It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries.
It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, ownership transition, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies.
It invests in the aerospace and defense, business services, consumer products and services, construction & building, durable goods, capital equipment, automotive, food and beverage, healthcare & pharmaceutical, specialty chemicals, transportation cargo and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors.
The firm invests in companies based in United States. It seeks to invest between $3 million and $35 million, revenues between $15 million and $300 million, annual EBITDA between $5 million and $50 million, and Enterprise value between $10 million and $500 million.
The firm seeks to invest in companies with debt investment values between $5 million and $25 million.
The fund uses senior secured, unitranche loans, first-lien, second lien, subordinated/ mezzanine loans, warrants, and preferred equity securities and common equity securities.
It prefers to take a minority as well as majority stake in the investments made. It also co-invests with its partners for additional capital.
| Country | United States |
| Founded | 2001 |
| IPO Date | Nov 8, 2012 |
| Industry | Asset Management |
| Sector | Financials |
| Employees | 51 |
| CEO | Bilal Rashid |
Contact Details
Address: 10 South Wacker Drive, Suite 2500 Chicago, Illinois 60606 United States | |
| Phone | 847-734-2000 |
| Website | ofscapital.com |
Stock Details
| Ticker Symbol | OFS |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001487918 |
| CUSIP Number | 67103B100 |
| ISIN Number | US67103B1008 |
| Employer ID | 46-1339639 |
Key Executives
| Name | Position |
|---|---|
| Bilal Rashid | Chairman and Chief Executive Officer |
| Jeffrey A. Cerny J.D. | Chief Financial Officer, Treasurer and Director |
| Kyle Spina | Chief Accounting Officer |
| Stephen Altebrando | Vice President of Investor Relations |
| Mukya Sue Denise Porter | Chief Compliance Officer |
| Tod Kevin Reichert J.D. | Corporate Secretary |
| Richard S. Ressler | Chairman of the Board, Orchard First Source Capital, Inc. |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 1, 2024 | 10-Q | Quarterly Report |
| Oct 31, 2024 | 8-K | Current Report |
| Aug 2, 2024 | 10-Q | Quarterly Report |
| Aug 1, 2024 | 8-K | Current Report |
| Jun 26, 2024 | 8-K | Current Report |
| Jun 13, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Jun 5, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Jun 5, 2024 | 8-K | Current Report |
| May 30, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| May 29, 2024 | EFFECT | Notice of Effectiveness |