Business development companies are an important and growing source of funding for middle market companies. Along with private equity and other investment funds, BDCs provide billions of dollars of investment capital to private companies in every segment of the economy. Mercer Capital produces a quarterly newsletter, Value Focus: Business Development Companies, that provides observations and commentary regarding shareholder returns and selected BDC market and performance metrics. The fourth quarter 2014 issue has been released.
Included as a special supplement is the article “Fairness Opinions: Evaluating a Buyer’s Shares from the Seller’s Perspective.”
You can download the issue in pdf format here.
For more information on the services Mercer Capital provides to business development companies, click here.