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Triangle Capital Corporation is a specialty finance company, providing customized debt and equity financing to lower middle-market businesses across the United States, primarily the Southeast. An internally managed business development company (BDC), it generates current income from debt investments and capital appreciation from equity holdings.
Founded by Garland S. Tucker III, Brent P.W. Burgess, and Steven C. Lilly, the firm's origins as Triangle Capital Partners, LLC date to around 2002. Leveraging their financial acumen, they identified an unmet demand for flexible capital among lower middle-market firms, leading to its 2007 public listing as an SBIC.
The company serves diverse lower middle-market businesses seeking capital for growth, acquisitions, or recapitalizations. Its mission is to be a reliable, adaptive financial partner, empowering these companies toward strategic objectives. Triangle Capital Corporation cultivates long-term value for portfolio companies and investors by fostering expansion and stability.
Key people at Triangle Capital Corporation.
Key people at Triangle Capital Corporation.
Triangle Capital Corporation has 2 tracked investments across 2 companies. The latest tracked deal is $59.0M Series B in Huspy in July 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 1, 2025 | Huspy | $59.0M Series B | Balderton Capital, Peak XV Partners (Sequoia Capital India) | Fifth Wall, Amir Farha, Philippe Teixeira DA Mota, B&Y Venture Partners, Dara Management, Exor Ventures, K&E |
| Nov 29, 2011 | Foko Inc. | $17.0M Series A | — | K1 Investment Management |
