Name | Value |
---|---|
Revenues | 37.5M |
Cost of Revenue | -58.0M |
Gross Profit | 95.5M |
Operating Expense | 1.4M |
Operating I/L | 40.9M |
Other Income/Expense | -36.5M |
Interest Income | 74.4M |
Pretax | 36.1M |
Income Tax Expense | 1.0M |
Net Income/Loss | 34.8M |
New Mountain Finance Corporation (Nasdaq: NMFC) is a business development company specializing in private equity, buyouts, and lending to middle market companies in 'defensive growth' industries. The fund primarily invests in buyout and middle market companies, making investments in debt securities at all levels of the capital structure, including first and second lien debt, unsecured notes, and mezzanine securities. It also targets a wide range of industries such as energy, specialty chemicals, health care, technology, and security services. The fund seeks to invest between $10 million and $50 million per transaction, aiming for a majority stake in its portfolio companies.