Info

MCG Capital Corporation (MCG) is a solutions-focused commercial finance company that provides debt and equity investment, and advisory services to middle-market companies in the United States. MCG's portfolio companies use its capital investment to finance acquisitions, recapitalizations, buyouts, organic growth and working capital. The Company identifies and sources new portfolio companies through multiple channels, including private equity sponsors, investment bankers, brokers, fund-less sponsors, institutional syndication partners, other club lenders and owner operators. The Company makes debt and equity investments primarily in companies with annual revenue of $20 million to $200 million and earnings before interest, taxes, depreciation and amortization (EBITDA) of $3 million to $25 million, which MCG refers to as middle market companies.(Source: 10-K)