SAR · Business Development Company
Saratoga Investment Corp
Private credit portfolio and Schedule of Investments data from SEC EDGAR filings.
431
Portfolio Holdings
$4.8B
Total Fair Value
Filing Information
Top Portfolio Holdings
| Company | Sector | Investment | Coupon | Maturity | Cost | Fair Value |
|---|---|---|---|---|---|---|
| Altvia MidCo, LLC. | Alternative Investment Management Software | First Lien Term Loan (3M USD TERM SOFR+8.50%), 12.82% Cash, 7/18/2027 | $8,775,378 | $8,845,319 | ||
| Altvia MidCo, LLC. (h) | Alternative Investment Management Software | Series A-1 Preferred Shares | $2,000,000 | $2,730,236 | ||
| BQE Software, Inc. (d) | Architecture & Engineering Software | First Lien Term Loan (3M USD TERM SOFR+5.50%), 9.82% Cash, 4/13/2028 | $24,328,507 | $24,541,650 | ||
| BQE Software, Inc. (j) | Architecture & Engineering Software | Delayed Draw Term Loan (3M USD TERM SOFR+5.50%), 9.82% Cash, 4/13/2028 | $746,569 | $751,275 | ||
| Golden TopCo LP (h) | Association Management Software | Class A-2 Common Units | $1,072,394 | $1,447,602 | ||
| GrowthZone, LLC | Association Management Software | First Lien Term Loan (3M USD TERM SOFR+8.25%), 12.57% Cash, 5/10/2028 | $23,044,093 | $23,402,096 | ||
| Artemis Wax Corp. (d)(j) | Consumer Services | Delayed Draw Term Loan (1M USD TERM SOFR+7.50%), 11.82% Cash, 5/20/2026 | $57,333,736 | $56,953,750 | ||
| Artemis Wax Corp. (h) | Consumer Services | Series B-1 Preferred Stock | $1,500,000 | $338,044 | ||
| Artemis Wax Corp. (h) | Consumer Services | Series D Preferred Stock | $1,711,866 | $2,147,020 | ||
| ETU Holdings, Inc. (f) | Corporate Education Software | First Lien Term Loan (3M USD TERM SOFR+9.00%), 13.47% Cash, 8/18/2027 | $6,959,248 | $6,980,400 | ||
| ETU Holdings, Inc. (f) | Corporate Education Software | Second Lien Term Loan 15.00% PIK, 2/18/2028 | $7,093,577 | $6,387,685 | ||
| ETU Holdings, Inc. (f)(h) | Corporate Education Software | Series A Preferred Units | $3,000,000 | — | ||
| Schoox, Inc. (h), (i) | Corporate Education Software | Series 1 Membership Interest | $475,698 | $3,978,192 | ||
| Innergy, Inc. | Custom Millwork Software | First Lien Term Loan (3M USD TERM SOFR+5.50%), 9.82% Cash, 2/20/2030 | $31,721,847 | $31,721,600 | ||
| GreyHeller LLC (h) | Cyber Security | Common Stock | $1,906,275 | $3,516,571 | ||
| Gen4 Dental Partners Holdings, LLC | Dental Practice Management | First Lien Term Loan (1M USD TERM SOFR+5.75%), 10.07% Cash, 5/13/2030 | $7,043,790 | $7,043,179 | ||
| Gen4 Dental Partners Holdings, LLC (h)(i) | Dental Practice Management | Series A Preferred Units | $1,027,519 | $972,485 | ||
| Modis Dental Partners OpCo, LLC | Dental Practice Management | First Lien Term Loan (1M USD TERM SOFR+9.41%), 13.74% Cash, 4/18/2028 | $6,925,052 | $7,079,800 | ||
| Modis Dental Partners OpCo, LLC (h) | Dental Practice Management | Class A Preferred Units | $2,950,000 | $2,552,488 | ||
| Modis Dental Partners OpCo, LLC (j) | Dental Practice Management | Delayed Draw Term Loan (1M USD TERM SOFR+9.41%), 13.74% Cash, 4/18/2028 | $8,498,729 | $8,698,040 | ||
| New England Dental Partners | Dental Practice Management | Delayed Draw Term Loan (3M USD TERM SOFR+8.00%), 12.47% Cash, 11/25/2025 | $2,148,547 | $2,176,660 | ||
| New England Dental Partners | Dental Practice Management | First Lien Term Loan (3M USD TERM SOFR+8.00%), 12.47% Cash, 11/25/2025 | $6,541,869 | $6,636,282 | ||
| Exigo, LLC (d) | Direct Selling Software | First Lien Term Loan (1M USD TERM SOFR+6.25%), 10.67% Cash, 3/16/2027 | $23,961,810 | $23,352,713 | ||
| Exigo, LLC (h), (i) | Direct Selling Software | Common Units | $1,041,667 | $729,464 | ||
| C2 Education Systems, Inc. (h) | Education Services | Series A-1 Preferred Stock | $499,904 | $605,383 |
About Saratoga Investment Corp
Saratoga Investment Corp (SAR) is a publicly traded Business Development Company (BDC) — essentially a publicly listed fund that lends money to mid-sized private companies. In plain English: BDCs raise money from public investors and lend it to businesses that are too small for Wall Street banks. By law, they must pay out at least 90% of their profits as dividends, which is why BDC yields are often 8–12%. Saratoga Investment Corp discloses its full loan portfolio through SEC filings.