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OFS Capital Corporation operates as a business development company, specializing in providing flexible capital solutions to U.S. middle-market businesses. It primarily invests in senior secured, floating rate loans, acting as a vital capital provider for companies seeking growth, transition, or liquidity. The firm tailors alternative financing structures for a market segment often underserved by traditional credit.
The origins of OFS trace to 1994, with the establishment of a family of financial services companies controlled by Richard Ressler. His foundational insight aimed to build a comprehensive platform addressing diverse capital requirements for American businesses. This led to the firm’s focus on providing essential leveraged finance, evolving into its current middle-market lending structure.
OFS Capital Corporation serves a broad spectrum of U.S. middle-market enterprises, enabling strategic initiatives like expansion or ownership changes. The company’s vision involves acting as a consistent, reliable financial partner, supporting long-term growth by delivering bespoke financial resources and specialized expertise.
OFSCapital has 1 tracked investment across 1 company. The latest tracked deal is $15.5M Series B in Convene in June 2015.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 17, 2015 | Convene | $15.5M Series B | Shakeel Rangrez | Steve Gord, Sunrise Capital Partners |