Logan Ridge Finance
- Company typePrivate
- Founded-
- HeadquartersNewyork, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingServices
Logan Ridge Finance firmographics
Firmographics- Name
- Logan Ridge Finance
- Legal name
- Logan Ridge Finance Corporation
- Website
- https://loganridgefinance.com
- Company type
- Private
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Logan Ridge Finance industry classification
Industry- Product category
- Business Development Company (Middle Market Lending)
- NAICS
- All Other Financial Investment Activities (52399), Miscellaneous Financial Investment Activities (523999)
- SIC
- Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- BDC / Public Vehicle Venture Debt Providers (FSANAIAC)
- akta.pro secondary industry
- Middle-Market Lending (FSANADAI)
Keywords
Where Logan Ridge Finance is headquartered
LocationHeadquarters
- HQ city
- Newyork
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Logan Ridge Finance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Others
Revenue model
- Investment Income: As a Business Development Company (BDC), Logan Ridge Finance generated revenue primarily from interest income, dividend income, and fee income from its investment portfolio in middle market companies. Full year 2024 total investment income was $20.9 million.
Distribution channels1 record
Marketing channels3 records
Logan Ridge Finance product offering
Product offeringCore offering
Logan Ridge Finance Corporation was a closed-end, externally managed, non-diversified management investment company that elected to be treated as a Business Development Company (BDC) under the Investment Company Act of 1940 and a regulated investment company (RIC) for tax purposes. It provided debt and equity financing to performing, well-established middle market businesses across a wide range of industries, employing fundamental credit analysis to target investments with relatively low cyclicality and operating risk. Revenue was generated primarily from interest, dividend, and fee income on its investment portfolio.
Product overview
Logan Ridge Finance Corporation was a single-product investment vehicle structured as a Business Development Company (BDC). The company offered financing solutions to middle market companies, including direct lending and other debt investments. Following the merger with Portman Ridge Finance Corporation, the combined entity was integrated into BCP Investment Corporation.
Differentiator
Problem solved
Functional benefit
Products and services
- Middle market debt and equity financing (Business Development Company services) Core product offering of Logan Ridge Finance Corporation: direct lending and equity investments to performing, well-established U.S. middle market businesses, employing fundamental credit analysis targeting relatively low-cyclicality borrowers.
Companies that use Logan Ridge Finance
Customer profileSegments1 record
Ideal customer profiles1 record
Logan Ridge Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Logan Ridge Finance partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Portman Ridge Finance CorporationcoreLogan Ridge Finance Corporation merged with Portman Ridge Finance Corporation in a strategic transaction. The merger was approved by Logan Ridge shareholders on June 20, 2025, and was expected to close shortly afterward to boost the combined company's scale and access to capital. Under the merger agreement, Logan Ridge shareholders received 1.500 shares of PTMN stock per share held.
Scale indicators3 records
Recent moves4 records
Expansion highlights3 records
Logan Ridge Finance competitors and assessment
Company assessmentDirect peers
- Portman Ridge Finance Corporation: Direct peer and merger counterpart of Logan Ridge Finance; both operated as externally managed, non-diversified BDCs providing debt and equity capital to middle-market companies under the same RIC/BDC regulatory framework.
- BCP Investment Corporation: The successor entity following Logan Ridge's two-step merger; operates as an externally managed BDC focused on middle-market direct lending, advised by Sierra Crest Investment Management LLC (a BC Partners affiliate).
- FS KKR Capital Corp: Externally managed BDC providing capital to middle-market businesses across senior secured loans, subordinated debt, and equity — directly comparable to Logan Ridge's externally managed BDC model.
- Golub Capital BDC: Public BDC focused on senior secured first-lien loans to middle-market companies sponsored by private equity sponsors — overlapping middle-market lending thesis with Logan Ridge/BCIC.
- Oaktree Specialty Lending: Externally managed BDC focused on senior secured loans to middle-market companies, advised by Oaktree Capital Management; structurally and operationally similar to Logan Ridge's externally managed BDC model.
- Sixth Street Specialty Lending: Externally managed BDC providing financing solutions to middle-market companies across multiple debt structures; comparable external-management structure and middle-market direct lending focus.
- BlackRock TCP Capital Corp: Externally managed BDC providing senior secured loans and other debt to middle-market companies; shares the externally managed BDC structure and middle-market lending focus with Logan Ridge/BCIC.
Broad incumbents
- Ares Capital Corporation: Largest publicly traded BDC and direct peer in middle-market direct lending; provides senior debt, mezzanine, and equity to middle-market companies — overlapping customer base and product set with Logan Ridge/BCIC, but at vastly greater scale.
- Main Street Capital Corporation: Leading publicly traded BDC providing debt and equity capital to lower middle-market companies; comparable target customer profile (well-established middle-market businesses) and similar externally-managed or internally-managed BDC structure.
- Blackstone Private Credit Fund: Largest private BDC/non-traded credit fund affiliated with Blackstone Credit, providing direct lending solutions to middle-market companies; broad incumbent with overlapping middle-market debt origination thesis.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Logan Ridge Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Logan Ridge Finance leadership team
Management profileNumber of profiles
Logan Ridge Finance funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Logan Ridge Finance M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Logan Ridge Finance
What does Logan Ridge Finance do?
Logan Ridge Finance Corporation was a closed-end, externally managed, non-diversified management investment company that elected to be treated as a Business Development Company (BDC) under the Investment Company Act of 1940 and a regulated investment company (RIC) for tax purposes. It provided debt and equity financing to performing, well-established middle market businesses across a wide range of industries, employing fundamental credit analysis to target investments with relatively low cyclicality and operating risk. Revenue was generated primarily from interest, dividend, and fee income on its investment portfolio.
Is Logan Ridge Finance a public or private company?
Logan Ridge Finance is a private company. It is classified as public and is currently acquired.
When was Logan Ridge Finance founded?
Logan Ridge Finance was founded in -1. It employs 1 to 10 people.
Where is Logan Ridge Finance based?
Logan Ridge Finance is headquartered in Newyork, United Kingdom, in the Europe region.
How does Logan Ridge Finance make money?
One revenue line is on record: investment Income.
Who are Logan Ridge Finance's main competitors?
Direct peers on record are Portman Ridge Finance Corporation, BCP Investment Corporation, FS KKR Capital Corp, Golub Capital BDC, Oaktree Specialty Lending, Sixth Street Specialty Lending and BlackRock TCP Capital Corp. Broad incumbents are Ares Capital Corporation, Main Street Capital Corporation and Blackstone Private Credit Fund.
Does Logan Ridge Finance have an API?
No public API is recorded for Logan Ridge Finance.
What industry is Logan Ridge Finance in?
Logan Ridge Finance's product category is Business Development Company (Middle Market Lending). Its primary akta.pro industry code is FSANAIAC, BDC / Public Vehicle Venture Debt Providers, with a secondary code of FSANADAI, Middle-Market Lending. Its NAICS code is 52399 and its SIC code is 6159.