Profile: Triangle Capital Corp (TCAP.N)
Triangle Capital Corporation, incorporated on October 10, 2006, is a specialty finance company that provides customized financing solutions to lower middle market companies located throughout the United States. The Company operates as a non-diversified investment company. Its business is to provide capital to lower middle market companies in the United States. Its investment objective is to seek returns by generating current income from its debt investments and capital appreciation from its equity related investments. It invests primarily in subordinated debt securities secured by second lien security interests in portfolio company assets. On a more limited basis, it also invests in senior debt securities secured by first lien security interests in portfolio companies. The Company's investments generally range from $5 to $30 million per Portfolio Company. Effective January 23, 2014, Triangle Capital Corp acquired an undisclosed minority stake in Danville Materials Inc, a manufacturer and wholesaler of dental equipment and supplies.
As of December 31, 2012, the Company had investments in 82 portfolio companies. As of December 31, 2012, its portfolio of investments included Assurance Operations Corporation, Botanical Laboratories, Inc., Capital Contractors, Inc., Carolina Beverage Group, LLC, CRS Reprocessing, LLC, CV Holdings, LLC, Energy Hardware Holdings, LLC, Frozen Specialties, Inc., Electronic Systems Protection, Inc. and DLR Restaurants, LLC. The Company invests in sectors, such as Specialty Trade Contractors; Trail Mixes and Nut Producers; Metal Fabrication; Nutritional Supplement Manufacturing and Distribution; Janitorial and Facilities Maintenance Services; Beverage Manufacturing and Packaging; Fluid Reprocessing Services; Specialty Healthcare Products Manufacturer; Restaurant, and Power Protection Systems Manufacturing.
Triangle Capital Corp
Suite 530, 3700 Glenwood Avenue
RALEIGH NC 27612