Logan Ridge Finance Corp. (LRFC)

Logan Ridge Finance Corp. is a business development company that provides capital to lower middle market companies located in the United States with an EBITDA ranging from $5 million to $50 million and with revenues of at least $15 million. The fund targets companies operating in the fields of aerospace, defense, education, food, logistics, manufacturing, media, health care, and consumer and business services. It provides financing in the form of equity and debt for growth, acquisition, mezzanine and management buyout transactions with an investment size ranging from $5 to $30 million. It also makes co-investments.

Address

650 MADISON AVENUE
NEW YORK, NY 10022

Founded

2013

Number of Employees

-

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- $9,772 - - - - - - - $184 $470 $3,476
Average Price - $102.40 - - - - - - - $20.86 $22.53 $83.33
# Shares Purchased - 95,431 - - - - - - - 8,820 20,867 41,706
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - -77.5% - - - - - - - 10.3% 2.1% -72.4%
S&P 500 Return to Date - 173.0% - - - - - - - 31.3% 7.4% 70.6%
Excess Total Return - -250.5% - - - - - - - -21.1% -5.3% -143.0%
Quartile Rank
Percentile Rank - 7% - - - - - - - 49% 45% 7%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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