NMFC 📈 New Mountain Finance - Overview

New Mountain Finance Corporation (NASDAQ: NMFC) is a business development company that specializes in providing capital to middle-market companies operating in 'defensive growth' industries. These industries are characterized by their ability to maintain stable earnings and cash flows, even during economic downturns.

The fund's investment strategy involves directly investing in and lending to these companies, with a focus on buyout and middle-market transactions. It takes a flexible approach to investing, providing capital across the entire capital structure, including first and second lien debt, unsecured notes, mezzanine securities, and equity interests.

New Mountain Finance Corporation targets a diverse range of industries, including energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, and more. This diversified approach allows the fund to identify opportunities across various sectors and industries.

In terms of investment size, the fund typically invests between $10 million and $125 million per transaction, with a focus on companies with EBITDA between $10 million and $200 million. New Mountain Finance Corporation seeks to take a majority stake in its portfolio companies, allowing it to actively participate in their growth and development.

The fund invests through a combination of primary originations and open-market secondary purchases, providing it with a flexible and opportunistic approach to investing. By focusing on middle-market companies in defensive growth industries, New Mountain Finance Corporation aims to generate strong returns for its investors while managing risk.

For more information, please visit the company's website at https://www.newmountainfinance.com.