SARATOGA INVESTMENT CORP.

# Saratoga Investment Corp.

Saratoga Investment Corp. is a business development company that provides debt and equity financing to lower middle-market companies in the United States. The firm specializes in leveraged buyouts, acquisition financings, growth capital, recapitalizations, and debt refinancing transactions. It structures investments across multiple instruments, including first and second lien loans, mezzanine debt, high yield bonds, senior secured bonds, and preferred and common equity. The company typically deploys $60 million to $75 million per transaction and seeks to take majority stakes in its portfolio companies.

The firm targets companies with EBITDA of at least $2 million and revenues between $10 million and $150 million, with a focus on enterprises having annual revenues between $8 million and $250 million. Saratoga invests across diverse sectors, including aerospace, automotive aftermarket 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 and food services, software services, technology services, specialty chemicals, media, and telecommunications. The company sources investment opportunities through direct lending arrangements and syndicated loan participations.