OFS Capital Corporation (OFS)

9.61 -0.09 (-0.94%) As of 10:40AM EDT. Market open.

OFS Capital Corporation

10 South Wacker Drive
Suite 2500
Chicago, IL 60606
United States
847-734-2000
https://www.ofscapital.com

Sector(s): Financial Services
Industry: Asset Management
Full-time employees: 51

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Bilal Rashid	Chairman & CEO	N/A	N/A	1971
Mr. Jeffrey A. Cerny J.D.	CFO, Treasurer & Director	N/A	N/A	1963
Mr. Kyle Spina	Chief Accounting Officer	N/A	N/A	1988
Mr. Stephen Altebrando	VP of Investor Relations	N/A	N/A	N/A
Ms. Mukya Sue Denise Porter	Chief Compliance Officer	N/A	N/A	1974
Mr. Tod Kevin Reichert J.D.	Corporate Secretary	N/A	N/A	1962
Mr. Richard S. Ressler	Chairman of the Board, Orchard First Source Capital, Inc.	N/A	N/A	1958

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, ownership transition, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. It invests in the aerospace and defense, business services, consumer products and services, construction & building, durable goods, capital equipment, automotive, food and beverage, healthcare & pharmaceutical, specialty chemicals, transportation cargo and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors. The firm invests in companies based in United States. It seeks to invest between $3 million and $35 million, revenues between $15 million and $300 million, annual EBITDA between $5 million and $50 million, and Enterprise value between $10 million and $500 million. The firm seeks to invest in companies with debt investment values between $5 million and $25 million. The fund uses senior secured, unitranche loans, first-lien, second lien, subordinated/ mezzanine loans, warrants, and preferred equity securities and common equity securities. It prefers to take a minority as well as majority stake in the investments made. It also co-invests with its partners for additional capital.

Corporate governance

OFS Capital Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.