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BCP Investment Corp. is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. The fund primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. The fund provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. The fund invests in minority, and majority or control equity positions alongside its private equity sponsor partners.
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Public information on BCP Investment Corp. (Nasdaq: BCIC) is limited, and investors should review the company's filings for details on its mandate, portfolio, and management. It appears positioned as an investment company whose long-term growth may rely on successful deal sourcing, portfolio performance, and access to capital markets, which could support returns and provide diversified exposure for investors who accept such strategies.
Principal risks include limited transparency, execution and portfolio concentration risk, market and liquidity volatility, and potential leverage or regulatory constraints.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 11.49M | -6.79M | 10.97M | -20.21M | 27.47M |
| Net income | 11.49M | -5.93M | 11.38M | -21.00M | 26.03M |
| Selling general administrative | 3.49M | 6.04M | 6.72M | 8.55M | 9.45M |
| Selling and marketing expenses | - | - | 2.38M | - | - |
| Gross profit | 28.34M | -0.10M | 18.05M | -11.66M | 38.75M |
| Reconciled depreciation | - | - | - | - | 0.00M |
| Ebit | - | - | 28.34M | 5.87M | 7.18M |
| Ebitda | 32.09M | -6.79M | 10.97M | -20.21M | 27.47M |
| Depreciation and amortization | - | - | -17.37M | 40.94M | 34.32M |
| Operating income | 32.46M | -6.79M | 10.97M | -20.21M | 27.47M |
| Other operating expenses | 7.26M | 27.47M | 32.39M | 26.25M | 24.93M |
| Interest expense | 20.60M | 20.78M | 25.31M | 17.70M | 13.64M |
| Tax provision | -1.61M | -0.85M | -0.41M | 0.79M | 1.44M |
| Interest income | 56.33M | 55.08M | 65.47M | 59.85M | 68.53M |
| Net interest income | 35.73M | 34.30M | 40.16M | 42.15M | 54.89M |
| Income tax expense | - | -0.85M | -0.41M | 0.79M | 1.44M |
| Total revenue | 39.72M | 20.68M | 43.35M | 6.04M | 52.39M |
| Total operating expenses | -4.12M | 6.69M | 7.08M | 8.55M | 11.28M |
| Cost of revenue | 11.38M | 20.78M | 25.31M | 17.70M | 13.64M |
| Total other income expense net | -20.96M | -21.44M | - | -17.70M | - |
| Net income from continuing ops | 11.49M | -5.93M | 11.38M | -21.00M | 26.03M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 523.64M | 453.63M | 549.24M | 619.49M | 648.30M |
| Other current assets | - | - | -78.83M | 443.41M | -94.55M |
| Total liab | 314.49M | 275.14M | 335.72M | 387.36M | 368.18M |
| Total stockholder equity | 209.16M | 178.49M | 213.52M | 232.12M | 280.12M |
| Other current liab | -2.13M | - | 4.61M | 368.31M | 334.95M |
| Common stock | 0.12M | 0.09M | 0.09M | 0.10M | 0.10M |
| Capital stock | 0.12M | 0.09M | 0.09M | 0.10M | 0.10M |
| Retained earnings | -602.08M | -535.93M | -504.41M | -504.76M | -453.07M |
| Other assets | - | - | 47.19M | -452.06M | 43.18M |
| Cash | 3.72M | 17.53M | 26.91M | 5.15M | 28.92M |
| Total current liabilities | 1.90M | 3.65M | 4.45M | 5.00M | 7.42M |
| Current deferred revenue | - | - | - | -373.31M | -334.95M |
| Net debt | 303.16M | 247.61M | 295.50M | 368.16M | 318.27M |
| Short term debt | 1.90M | - | - | - | - |
| Short long term debt total | 306.88M | 265.14M | 322.41M | 373.31M | 347.19M |
| Other stockholder equity | 811.11M | 714.33M | 717.84M | 736.78M | 733.10M |
| Total current assets | 9.51M | 24.99M | 34.18M | 12.30M | 55.13M |
| Long term investments | 500.98M | 405.02M | 467.87M | 576.48M | 549.99M |
| Short term investments | - | 32.44M | - | - | - |
| Net receivables | 5.79M | 7.46M | 7.27M | 7.15M | 26.21M |
| Inventory | - | - | 78.83M | 39.35M | 94.55M |
| Accounts payable | 4.03M | 3.65M | 4.45M | 5.00M | 7.42M |
| Accumulated other comprehensive income | - | - | - | 232.12M | 280.12M |
| Non currrent assets other | 37.73M | 428.65M | 515.06M | 607.18M | 593.17M |
| Non current assets total | 514.13M | 428.65M | 515.06M | 607.18M | 593.17M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total cashflows from investing activities | 64.65M | 47.27M | 98.76M | -61.24M | 48.90M |
| Net borrowings | -61.72M | -58.20M | -52.48M | 25.73M | -56.66M |
| Total cash from financing activities | -94.10M | -88.25M | -82.47M | -2.11M | -75.71M |
| Net income | 11.49M | -5.93M | 11.38M | -21.00M | 26.03M |
| Change in cash | -27.45M | -31.61M | 38.43M | -35.21M | -14.56M |
| Begin period cash flow | 39.95M | 71.56M | 33.13M | 68.34M | 82.90M |
| End period cash flow | 12.50M | 39.95M | 71.56M | 33.13M | 68.34M |
| Total cash from operating activities | 2.00M | 9.36M | 22.14M | -33.10M | 61.15M |
| Issuance of capital stock | - | 0.00M | 0.00M | 0.38M | 4.02M |
| Depreciation | -6.55M | - | - | 17.91M | 8.44M |
| Dividends paid | 21.64M | 25.26M | 25.63M | 23.55M | 19.65M |
| Change to account receivables | 2.52M | -0.19M | 0.22M | 18.80M | 4.91M |
| Sale purchase of stock | -9.26M | -3.83M | -4.36M | -3.83M | -1.83M |
| Other cashflows from financing activities | -0.53M | -0.95M | - | -0.84M | -0.55M |
| Capital expenditures | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in working capital | -10.28M | -3.11M | -0.34M | 15.07M | 9.26M |
| Other non cash items | 18.83M | 18.41M | 11.11M | -45.09M | 17.42M |
| Free cash flow | 66.65M | 9.36M | 22.14M | -33.10M | 61.15M |
Sector: Financial Services Industry: Asset Management
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| BCIC BCP Investment Corp. |
0.50 8.10% |
6.67 | 7.79 | 6.78 | 1.73 | 0.48 | 25.32 |
| BLK BlackRock Inc |
33.95 2.88% |
1212.82 | 26.25 | 19.57 | 6.33 | 2.90 | 6.35 |
| BX Blackstone Group Inc |
4.89 4.09% |
124.39 | 33.20 | 20.12 | 11.05 | 11.56 | 9.14 |
| IVSBF Investor AB ser. B |
-1.61 3.64% |
42.50 | 4.67 | 3.83 | 3.78 | 1.13 | 4.15 |
| KKR KKR & Co. Inc. |
1.46 1.51% |
97.94 | 32.68 | 13.66 | 3.58 | 3.22 | 0.68 |
BCP Investment Corp. is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. The fund primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. The fund provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. The fund invests in minority, and majority or control equity positions alongside its private equity sponsor partners.
| Name | Title | Year Born |
|---|---|---|
| Mr. Edward Joseph Goldthorpe | Chairman, CEO & President | 1977 |
| Mr. Patrick Schafer | Chief Investment Officer & Director | 1985 |
| Mr. Brandon Satoren | Chief Financial Officer, Secretary & Treasurer | 1989 |
| Mr. David Isaac Held J.D. | Chief Compliance Officer | 1971 |
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