Business development company (BDC) providing debt and equity capital to middle-market companies.
Goldman Sachs BDC, Inc. operates as a specialized business development company focused on middle market and mezzanine investments in private companies. With a strategic emphasis on capital appreciation, the firm engages in direct origination of various debt instruments, including secured debt (senior, junior, and unitranche), unsecured debt such as mezzanine debt, and occasionally equity investments. This targeted investment approach is geared towards supporting companies primarily within the United States, aiming to enhance their growth prospects and financial stability.
The fund's investment strategy typically targets companies with annual EBITDA ranging from $5 million to $75 million. By investing between $10 million and $75 million per transaction, Goldman Sachs BDC aims to provide significant capital infusion that facilitates operational expansion, acquisitions, or refinancing efforts for its portfolio companies. This strategic deployment of capital is designed to optimize risk-adjusted returns while fostering sustainable growth across diverse industry sectors.
While Goldman Sachs BDC, Inc. maintains a disciplined focus on traditional middle market investments, it also remains attentive to broader financial trends and innovations, including developments related to cryptocurrency and blockchain technology. As these technologies continue to evolve and gain prominence in global financial markets, the company may assess their potential impact on investment opportunities and portfolio strategies. However, its core mission remains centered on delivering value through prudent investment decisions and strategic partnerships that support the long-term success of its portfolio companies.