Triangle Capital Corporation (NYSE: TCAP) was founded in 2002 and is headquartered in Raleigh, North Carolina, USA, with 26 full-time employees. It is a corporate development company specializing in private equity and mezzanine investments.
Triangle Capital Corporation (TCAP):
Triangle Capital Corporation focuses on leveraged buyouts, management buyouts, employee stock ownership plans (ESOPs), control transaction changes, merger financing, growth financing, and capital restructuring of companies in the lower middle market, mature and later stages.
Triangle Capital Corporation tends to invest in many corporate sectors, including manufacturing, distribution, transportation, energy, communications, health services, restaurants, media and others.
Triangle Capital invests in companies throughout the United States, focusing on the Southeast and Mid-Atlantic regions.
Triangle Capital’s single investment amount is generally between 1 million and 25 million US dollars, and each transaction of debt investment is between 5 million and 30 million US dollars, and the investment in annual revenue is between 20 million and 200 million US dollars. Between, EBITDA is between 3 million and 35 million US dollars, and can also be cooperative investment. The company’s typical investment is between 5 million and 35 million US dollars.
Triangle Capital Corporation mainly invests in preferred subsidiary debt securities secured by the second lien securities shares of the combined company assets and stock shares.
Triangle Capital also invests in senior debt securities backed by the first lien securities shares in the portfolio company.