OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. It invests in the aerospace and defense, business services, consumer products and services, food and beverage, health care services, specialty chemicals, transportation and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors. The firm invests in companies based in United States. It seeks to invest between $5 million and $20 million, revenues between $10 million and $200 million, Annual EBITDA more than $3 million, and Enterprise value between $10 million and $500 million. The firm seeks to invest in companies with debt investment values between $5 million and $25 million. The fund uses senior secured, unitranche loans, first-lien, second-lien, subordinated/ mezzanine loans, warrants, and preferred equity securities and common equity securities. It prefers to take a minority stake in the investments made. It also co-invests with its partners for additional capital.
IPO Year:
Exchange: NASDAQ
Website: ofscapital.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/9/2021 | $11.50 | Neutral → Buy | Ladenburg Thalmann |
| 7/1/2021 | $10.00 | Perform | Oppenheimer |
Jeff Cerny Will Continue to Serve on the Board of Directors OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital" or the "Company"), a business development company, announced today the appointment of Kyle Spina as Chief Financial Officer, effective March 31, 2025. Jeff Cerny announced his retirement from his role as Chief Financial Officer and Treasurer, but will continue in his role as a member of the Board of Directors of OFS Capital, and will work closely with Mr. Spina to ensure a smooth transition. Mr. Spina has more than 15 years of experience in public and private accounting and has served as Chief Accounting Officer of OFS Capital since April 2023, a role in which he oversaw all a
3 - OFS Capital Corp (0001487918) (Issuer)
3 - OFS Capital Corp (0001487918) (Issuer)
3 - OFS Capital Corp (0001487918) (Issuer)
4 - OFS Capital Corp (0001487918) (Issuer)
3 - OFS Capital Corp (0001487918) (Issuer)
3 - OFS Capital Corp (0001487918) (Issuer)
3 - OFS Capital Corp (0001487918) (Issuer)
Declares Fourth Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended September 30, 2024. THIRD QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.27 per common share for the quarter ended September 30, 2024 from $0.26 per common share for the quarter ended June 30, 2024. Net loss on investments was $0.15 per common share for the quarter ended September 30, 2024. See additional information under "Results of Operations" below. Net asset value per common share decreased to $11.29 as of September 30, 2024 from $11.51 as of June 3
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its third quarter 2024 earnings results after the close of the stock market on Thursday, October 31, 2024. A conference call is scheduled for Friday, November 1, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the cal
Declares Third Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended June 30, 2024. SECOND QUARTER FINANCIAL HIGHLIGHTS Net investment income decreased to $0.26 per common share for the quarter ended June 30, 2024 from $0.42 per common share for the quarter ended March 31, 2024. Net gain on investments of $0.51 per common share for the quarter ended June 30, 2024, primarily comprised of net unrealized appreciation of $0.83 per common share, partially offset by net realized losses of $0.32 per common share. Net asset value per common shar
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its second quarter 2024 earnings results after the close of the stock market on Thursday, August 1, 2024. A conference call is scheduled for Friday, August 2, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the
Declares Second Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended March 31, 2024. FIRST QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.42 per common share for the quarter ended March 31, 2024 from $0.35 per common share for the quarter ended December 31, 2023. Net loss on investments of $1.09 per common share for the quarter ended March 31, 2024, primarily comprised of net unrealized depreciation of $1.15 per common share. Net asset value ("NAV") per common share decreased from $12.09 as of December 31, 2023 to $1
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its first quarter 2024 earnings results after the close of the stock market on Thursday, May 2, 2024. A conference call is scheduled for Friday, May 3, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the call t
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," "we," "us," or "our") today announced its financial results for the fiscal quarter and year ended December 31, 2023. FOURTH QUARTER FINANCIAL HIGHLIGHTS Net investment income of $0.35 per common share for the quarter ended December 31, 2023. Net loss on investments of $0.66 per common share for the quarter ended December 31, 2023, primarily comprised of net unrealized depreciation of $0.58 per common share. No new non-accrual loans during the fourth quarter. Net asset value ("NAV") per common share decreased from $12.74 at September 30, 2023 to $12.09 at December 31, 2023. As of December 31, 2023, based on fair value, 92% of
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its fourth quarter and full year 2023 earnings results prior to the opening of the stock market on Tuesday, March 5, 2024. A conference call is scheduled for the same day at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time
Declares Fourth Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended September 30, 2023. THIRD QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.40 per common share for the quarter ended September 30, 2023 from $0.38 per common share for the quarter ended June 30, 2023. Net loss on investments of $0.25 per common share for the quarter ended September 30, 2023, primarily comprised of net unrealized depreciation. Net asset value ("NAV") per common share of $12.74, as of September 30, 2023. As of September 30, 2023, bas
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its third quarter 2023 earnings results after the closing of the stock market on Thursday, November 2, 2023. A conference call is scheduled for Friday, November 3, 2023 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of
Jeff Cerny Will Continue to Serve on the Board of Directors OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital" or the "Company"), a business development company, announced today the appointment of Kyle Spina as Chief Financial Officer, effective March 31, 2025. Jeff Cerny announced his retirement from his role as Chief Financial Officer and Treasurer, but will continue in his role as a member of the Board of Directors of OFS Capital, and will work closely with Mr. Spina to ensure a smooth transition. Mr. Spina has more than 15 years of experience in public and private accounting and has served as Chief Accounting Officer of OFS Capital since April 2023, a role in which he oversaw all a
Declares Fourth Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended September 30, 2024. THIRD QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.27 per common share for the quarter ended September 30, 2024 from $0.26 per common share for the quarter ended June 30, 2024. Net loss on investments was $0.15 per common share for the quarter ended September 30, 2024. See additional information under "Results of Operations" below. Net asset value per common share decreased to $11.29 as of September 30, 2024 from $11.51 as of June 3
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its third quarter 2024 earnings results after the close of the stock market on Thursday, October 31, 2024. A conference call is scheduled for Friday, November 1, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the cal
Declares Third Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended June 30, 2024. SECOND QUARTER FINANCIAL HIGHLIGHTS Net investment income decreased to $0.26 per common share for the quarter ended June 30, 2024 from $0.42 per common share for the quarter ended March 31, 2024. Net gain on investments of $0.51 per common share for the quarter ended June 30, 2024, primarily comprised of net unrealized appreciation of $0.83 per common share, partially offset by net realized losses of $0.32 per common share. Net asset value per common shar
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its second quarter 2024 earnings results after the close of the stock market on Thursday, August 1, 2024. A conference call is scheduled for Friday, August 2, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the
Declares Second Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended March 31, 2024. FIRST QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.42 per common share for the quarter ended March 31, 2024 from $0.35 per common share for the quarter ended December 31, 2023. Net loss on investments of $1.09 per common share for the quarter ended March 31, 2024, primarily comprised of net unrealized depreciation of $1.15 per common share. Net asset value ("NAV") per common share decreased from $12.09 as of December 31, 2023 to $1
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its first quarter 2024 earnings results after the close of the stock market on Thursday, May 2, 2024. A conference call is scheduled for Friday, May 3, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the call t
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," "we," "us," or "our") today announced its financial results for the fiscal quarter and year ended December 31, 2023. FOURTH QUARTER FINANCIAL HIGHLIGHTS Net investment income of $0.35 per common share for the quarter ended December 31, 2023. Net loss on investments of $0.66 per common share for the quarter ended December 31, 2023, primarily comprised of net unrealized depreciation of $0.58 per common share. No new non-accrual loans during the fourth quarter. Net asset value ("NAV") per common share decreased from $12.74 at September 30, 2023 to $12.09 at December 31, 2023. As of December 31, 2023, based on fair value, 92% of
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its fourth quarter and full year 2023 earnings results prior to the opening of the stock market on Tuesday, March 5, 2024. A conference call is scheduled for the same day at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time
Declares Fourth Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended September 30, 2023. THIRD QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.40 per common share for the quarter ended September 30, 2023 from $0.38 per common share for the quarter ended June 30, 2023. Net loss on investments of $0.25 per common share for the quarter ended September 30, 2023, primarily comprised of net unrealized depreciation. Net asset value ("NAV") per common share of $12.74, as of September 30, 2023. As of September 30, 2023, bas
8-K - OFS Capital Corp (0001487918) (Filer)
10-Q - OFS Capital Corp (0001487918) (Filer)
8-K - OFS Capital Corp (0001487918) (Filer)
8-K - OFS Capital Corp (0001487918) (Filer)
8-K - OFS Capital Corp (0001487918) (Filer)
DEFA14A - OFS Capital Corp (0001487918) (Filer)
DEFA14A - OFS Capital Corp (0001487918) (Filer)
8-K - OFS Capital Corp (0001487918) (Filer)
DEFA14A - OFS Capital Corp (0001487918) (Filer)
EFFECT - OFS Capital Corp (0001487918) (Filer)
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Ladenburg Thalmann upgraded OFS Capital from Neutral to Buy and set a new price target of $11.50
Oppenheimer initiated coverage of OFS Capital with a rating of Perform and set a new price target of $10.00