Investments
7Portfolio Exits
1About Business Development Corporation of America
Business Development Corporation of America (BDCA), a SEC-registered non-traded fund, invests in both the debt and equity of private companies throughout the United States. BDCA was formed to allow individual investors the opportunity to invest in the debt and equity securities of privately owned middle market companies-those companies with annual revenues from $5 million to $1 billion.
Business Development Corporation of America Headquarters Location
Three Copley Place Suite 3300
Boston, Massachusetts, 02116,
United States
877-373-2522
Latest Business Development Corporation of America News
Jan 5, 2022
The board of Business Development Corporation of America, a non-traded business development company externally managed by Benefit Street Partners, has changed the name of the company to Franklin BSP Lending Corporation. Franklin BSP Lending Corporation primarily underwrites loans to middle market corporate borrowers across a variety of industries. “We believe this name change is an […] The post Business Development Corporation of America Changes Name appeared first on The DI Wire.
Business Development Corporation of America Investments
7 Investments
Business Development Corporation of America has made 7 investments. Their latest investment was in Greenwave Systems as part of their Mezzanine on January 1, 2016.
Business Development Corporation of America Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/5/2016 | Mezzanine | Greenwave Systems | $15M | Yes | 1 | |
11/18/2015 | Line of Credit - II | |||||
6/17/2015 | Debt | |||||
11/21/2014 | Line of Credit | |||||
3/27/2014 | Growth Equity |
Date | 1/5/2016 | 11/18/2015 | 6/17/2015 | 11/21/2014 | 3/27/2014 |
|---|---|---|---|---|---|
Round | Mezzanine | Line of Credit - II | Debt | Line of Credit | Growth Equity |
Company | Greenwave Systems | ||||
Amount | $15M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 1 |
Business Development Corporation of America Portfolio Exits
1 Portfolio Exit
Business Development Corporation of America has 1 portfolio exit. Their latest portfolio exit was Transaction Data Systems on May 17, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
5/17/2021 | Acq - Fin | 5 |
Date | 5/17/2021 |
|---|---|
Exit | Acq - Fin |
Companies | |
Valuation | |
Acquirer | |
Sources | 5 |
Business Development Corporation of America Acquisitions
1 Acquisition
Business Development Corporation of America acquired 1 company. Their latest acquisition was Siena Lending Group on March 11, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
3/11/2019 | Corporate Majority | 1 |
Date | 3/11/2019 |
|---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Corporate Majority |
Sources | 1 |
Business Development Corporation of America Team
4 Team Members
Business Development Corporation of America has 4 team members, including current Chief Executive Officer, Peter M Budko.
Name | Work History | Title | Status |
|---|---|---|---|
Peter M Budko | Chief Executive Officer | Current | |
Nicholas S Schorsch | Chief Executive Officer | Current | |
Nick Radesca | Chief Financial Officer | Current | |
John H Grady | Chief Compliance Officer | Current |
Name | Peter M Budko | Nicholas S Schorsch | Nick Radesca | John H Grady |
|---|---|---|---|---|
Work History | ||||
Title | Chief Executive Officer | Chief Executive Officer | Chief Financial Officer | Chief Compliance Officer |
Status | Current | Current | Current | Current |
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