Saratoga Investment Corp.

Saratoga Investment Corp. is a business development company that provides financing solutions to lower middle market companies in the United States. It specializes in leveraged and management buyouts, acquisition financings, growth financings, recapitalizations, debt refinancing, and transitional financing. The company structures its investments as debt and equity, including first and second lien loans, mezzanine debt, co-investments, high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. It typically invests between $60 million and $75 million in companies with EBITDA of $2 million or greater and revenues between $10 million and $150 million, targeting annual revenues between $8 million and $250 million. Saratoga prefers to take a majority stake and invests through direct lending as well as participation in loan syndicates.

Saratoga Investment Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol SAR. Its financial reporting and trading are conducted in US Dollars (USD), reflecting its operations based in the United States. As a publicly traded business development company, its shares are available for purchase by investors on the NYSE, and all dividends and financial statements are denominated in USD.

Saratoga Investment Corp. operates in the Financial Services sector, specifically within the Asset Management industry. As a business development company (BDC), it focuses on providing capital and financial solutions to lower middle market companies. Its asset management activities involve structuring debt and equity investments across various industries, including aerospace, automotive, consumer products, healthcare, technology, and more. The company's role is to manage a portfolio of investments, generating returns through interest income, dividends, and capital appreciation.

Saratoga Investment Corp. primarily serves the United States market. The company seeks investment opportunities in American companies, focusing on the lower end of the middle market. It targets businesses with revenues between $10 million and $150 million and EBITDA of $2 million or greater. Saratoga's investments span various sectors such as aerospace, automotive, business services, consumer products, education, healthcare, industrial services, technology, and telecommunications, all within the U.S. The company does not have disclosed operations or investments outside the United States.

Saratoga Investment Corp. generates revenue by providing debt and equity financing to lower middle market companies. It structures investments as first and second lien loans, mezzanine debt, co-investments, high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. The company typically invests between $60 million and $75 million per transaction, targeting companies with EBITDA of $2 million or greater and revenues between $10 million and $150 million. It prefers to take a majority stake and invests through direct lending or participation in loan syndicates. Income is earned from interest on debt investments, dividends on equity holdings, and capital gains upon exit. Saratoga focuses on sectors like aerospace, healthcare, technology, and industrial services, aiming to generate consistent returns for its shareholders.