Bullhorn, Inc.
A cloud software company whose products run the staffing and recruiting industry: an applicant-tracking system (ATS, software that manages job candidates through the hiring pipeline) plus customer-relationship-management (CRM) and back-office operations tools that staffing agencies use to place workers with client employers.
Company profile. Written by an AI model from public web sources; not checked for copying; not taken from the company's or the lender's SEC filing. — distinct from the SEC Schedule-of-Investments pricing data below. · AI-generated analysis. Not investment advice. May contain errors.
Lenders
Bullhorn, Inc. is held by 4 BDC lenders in our parsed SEC filings: GBDC, MSDL, NCDL, NMFC.
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). Lenders whose newest filing no longer names this borrower are listed separately under “Exited” below.
| BDC | Type | Rate | Cash spread (bps) | Mark (% of par) | Fair Value | Maturity | Filing |
|---|---|---|---|---|---|---|---|
| GBDC | 1L Sr Secured | SOFR | 500 | 97.5 | $2M | 2029-10 | 2026-08-03 |
| GBDC | 1L Sr Secured | SOFR | 500 | 97.5 | $3M | 2029-10 | 2026-08-03 |
| GBDC | 1L Sr Secured | SOFR | 500 | 97.4 | $572K | 2029-10 | 2026-08-03 |
| GBDC | 1L Sr Secured | SOFR | 500 | 80.9 | $55K | 2029-10 | 2026-08-03 |
| GBDC | 1L Sr Secured | SOFR | 500 | 97.5 | $718K | 2029-10 | 2026-08-03 |
| GBDC | 1L Sr Secured | SOFR | 500 | 97.5 | $76M | 2029-10 | 2026-08-03 |
| MSDL | 1L Sr Secured | SOFR | 500 | 93.8 | $90K | 2029-10-01 | 2026-08-06 |
| MSDL | 1L Sr Secured | SOFR | 500 | 99.3 | $15M | 2029-10-01 | 2026-08-06 |
| MSDL | 1L Sr Secured | SOFR | 500 | 99.3 | $2M | 2029-10-01 | 2026-08-06 |
| NCDL | 1L Sr Secured | SOFR | 500 | 98.3 | $13M | 2029-10-01 | 2026-08-06 |
| NMFC | 1L Sr Secured | SOFR | 500 | 99.3 | $3M | 2029-10 | 2026-08-03 |
| NMFC | 1L Sr Secured | SOFR | 500 | 99.1 | $338K | 2029-10 | 2026-08-03 |
| NMFC | 1L Sr Secured | SOFR | 500 | 99.2 | $755K | 2029-10 | 2026-08-03 |
| NMFC | 1L Sr Secured | SOFR | 500 | 99.3 | $9M | 2029-10 | 2026-08-03 |
| NMFC | 1L Sr Secured | SOFR | 500 | 99.2 | $1M | 2029-10 | 2026-08-03 |
| NMFC | 1L Sr Secured | SOFR | 500 | 99.2 | $124K | 2029-10 | 2026-08-03 |
| NMFC | 1L Sr Secured | SOFR | 500 | 99.3 | $270K | 2029-10 | 2026-08-03 |
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 under the oversight of each BDC’s board (often by the adviser as valuation designee), so figures are estimates as of the period end each filing reports, not its filing date, and are not directly comparable across managers. Informational only; not investment advice or a valuation.
Exited
Exited or inactive lenders: last-filed positions, not current. Excluded from every count and figure above.
| BDC | Status | Positions | Last-filed Fair Value |
|---|---|---|---|
| GSBD | Exited (last filed 2025-11-06) | 6 | $33M |
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 changeStone Point Capital takes majority stake in Bullhorn; Insight Partners and Genstar Capital retain minority stakesStone Point Capital became the lead/majority investor in Bullhorn, acquiring its controlling stake from Insight Partners and Genstar Capital, who retained minority positions; deal terms were not disclosed and was expected to close in Q4 2020.
- sponsor changeInsight Venture Partners and Genstar Capital acquire Bullhorn from Vista Equity PartnersInsight Venture Partners, with a co-investment from Genstar Capital, purchased all shares held by Vista Equity Partners in Bullhorn, marking a full sponsor change at an undisclosed valuation.
- buyoutVista Equity Partners acquires Bullhorn from General Catalyst and Highland Capital PartnersVista Equity Partners acquired Bullhorn, the market-leading recruiting software company, from its venture-capital backers General Catalyst Partners and Highland Capital Partners; deal size was reported as several hundred million dollars but not formally disclosed.
- minority investmentBullhorn raises $26M from General Catalyst Partners and Highland Capital PartnersBullhorn raised $26 million from General Catalyst Partners and Highland Capital Partners in 2008 to fund growth.
- acquisitionBullhorn acquires Peoplenet; Insight/Genstar deal officially closesBullhorn announced the official closing of Insight Venture Partners' acquisition of Bullhorn (including the Genstar Capital co-investment) simultaneously with Bullhorn's own acquisition of Peoplenet, a cloud-based workforce management solutions provider.
Headlines mentioning Bullhorn, Inc.
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).
Want to read these numbers like an analyst? Free Oxford Ledge lessons: reading a BDC’s Schedule of Investments, key credit metrics, and the Five Cs of credit analysis.