ATX Networks Corp
How each BDC lender prices its exposure to this borrower, from the latest SEC Schedule-of-Investments filings.
Lenders
ATX Networks Corp is held by 3 BDC lenders in our parsed SEC filings: FSK, GSBD, MAIN.
Cross-lender loan pricing
Each row is one debt tranche at the BDC’s most recent filing that holds this borrower, widest spread first. Mark is the position’s fair value as a percent of par (100 = par). Spread is shown in basis points over the benchmark in the Rate column, normalized from each filing’s as-reported units — rows quoting different benchmarks are still not directly comparable. Compare like-for-like: a second-lien tranche, a different vintage, or an older filing should price wider even when the credit view is identical — check the Type and Filing columns before reading a gap as disagreement. Source: SEC EDGAR (public). Rows marked stale are from an earlier filing than the lender’s latest — the borrower is absent from its newest filing (exited, repaid, or reported under a different name).
| BDC | Type | Rate | Cash spread (bps) | Mark (% of par) | Fair Value | Maturity | Filing |
|---|---|---|---|---|---|---|---|
| FSK | 2L / Mezz | SOFR | 850 | — | — | 2028-09 | 2026-08-06 |
| FSK | 1L Sr Secured | SOFR | 700 | 61.3 | $62M | 2026-09 | 2026-08-06 |
| FSK | 1L Sr Secured | SOFR | 700 | 100.0 | $4M | 2028-09 | 2026-08-06 |
| FSK | 1L Sr Secured | SOFR | 600 | 100.0 | $30M | 2026-09 | 2026-08-06 |
| GSBD | 1L Sr Secured | PIK | — | 77.5 | $535K | 2028-09-01 | 2026-08-06 |
| GSBD | 1L Sr Secured | PIK | — | — | — | 2028-09-01 | 2026-08-06 |
| GSBD | 1L Sr Secured | PIK | — | 77.4 | $322K | 2028-09-01 | 2026-08-06 |
| MAIN | 1L Sr Secured | — | 93.5 | $6M | 2026-09-01 | 2023-02-24 stale | |
| MAIN | 2L / Mezz | — | 76.5 | $3M | 2028-09-01 | 2023-02-24 stale |
Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith by each BDC’s board, so figures are estimates as of the filing date and are not directly comparable across managers. Informational only; not investment advice or a valuation.
Ownership & deal activity
Ownership and acquisition events compiled from public sources and audited against the linked source. Each event links to its source; “(reported)” marks a lower-confidence item. Verify anything material against the original source.
- sponsor changeATX Networks acquired by new owner (Kensington Capital Partners noted as investor) (reported)PitchBook records ATX Networks as having been acquired on September 1, 2023, with Kensington Capital Partners identified as a subsequent investor alongside prior sponsors H.I.G. Capital, Pamlico Capital, and Trivest Partners; details of the acquiring entity are not disclosed in publicly available sources.
- acquisitionATX Networks acquires Pico DigitalUnder H.I.G. Capital ownership, ATX Networks acquired Pico Digital, a San Diego-based provider of solutions for broadcast, cable, satellite, and broadband infrastructure and distribution.
- sponsor changePamlico Capital acquires ATX Networks from Trivest PartnersTrivest Partners sold ATX Networks to Pamlico Capital; management retained a significant ownership stake and continued to lead the company.
- acquisitionATX Networks acquires ADC Telecommunications RF product linesUnder Trivest ownership, ATX Networks acquired the RFWorx and SignalOn series of RF signal management products from ADC Telecommunications, its first add-on acquisition.
- lboTrivest Partners acquires ATX Networks from founderTrivest Partners, via Trivest Fund IV, acquired ATX Networks Corp. from the company's non-active founder in partnership with management, with financing led by CIBC Leveraged Finance, CIT Capital, and Bank of Nova Scotia.
Headlines mentioning ATX Networks Corp
Reading this table
When two business development companies lend to the same borrower, comparing how each marks the loan is a starting question, not a verdict. In plain English: a wider spread (e.g. S+575 vs S+525) or a lower mark (e.g. 96 vs 100 cents on the dollar) can mean that lender is pricing in more risk — but marks can also differ for reasons other than a credit view: a different tranche (second lien should price wider than first lien on the same company), a different vintage or entry point, an older filing date, or each manager’s own fair-value methodology. Compare like-for-like — check the Type and Filing columns before reading a gap as disagreement. Each row is one debt position at one BDC’s most recent filing. Source: SEC EDGAR Schedule of Investments (public).
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