Patriot Capital Funding, Inc.

Patriot Capital Funding, Inc. is a private equity firm specializing in investments in small and mid sized companies. The firm typically finances privately held companies in transaction initiated by sponsors of private equity funds with assets less than $250 million. It prefers to invest in manufacturing, distribution, and service sectors. The firm invests in companies based in United States with minimum EBITDA of $2 million, minimum financing need of $3 million, and revenues between $10 million and $100 million. For debt investments, it seeks to invest between $3 million and $20 million and it prefers to invest up to $2 million in equity co-investments. The firm invests in the form of revolving loans, acquisition lines of credit, senior secured term loans, junior secured term loans, delayed draw term loans, subordinated loans, and equity co-investments. Patriot Capital Funding, Inc. was founded in November 2002 and The Compass Group and is based in Westport, Connecticut. As of December 2, 2009, Patriot Capital Funding, Inc. operates as a subsidiary of Prospect Capital Corporation.