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New Deal


Announced

Completed

BlackRock TCP Capital completed the merger with BlackRock Capital Investment.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Direct Lending

Diversified Financials

Majority

Public

Single Bidder

Acquisition

Merger

Private Equity

Friendly

United States

investment

financial services

Domestic

Completed

Synopsis

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BlackRock TCP Capital, a direct lending services provider, completed the merger with BlackRock Capital Investment, a business development company. Financial terms were not disclosed. “We are excited to close this transaction that brings together two portfolios that we know well and that have substantial overlap. The combination with BCIC positions TCPC for sustained growth that we believe will create meaningful value for shareholders," Rajneesh Vig, BlackRock TCP Chairman and CEO.

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