Businessolver.com, Inc.
Businessolver provides SaaS-based employee-benefits administration — cloud software (its Benefitsolver platform) that lets mid-size and enterprise employers enroll workers in health and welfare benefits, manage eligibility and compliance, and communicate benefits to employees.
Company profile compiled from public sources (company filings, rating-agency reports, and press releases) — distinct from the SEC Schedule-of-Investments pricing data below.
Lenders
Businessolver.com, Inc. is held by 6 BDC lenders in our parsed SEC filings: AGTC, ARCC, BXSL, CGBD, GSBD, NCDL.
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 |
|---|---|---|---|---|---|---|---|
| AGTC | 1L Sr Secured | SOFR | 450 | 99.0 | $13M | 2032-12 | 2026-08-07 |
| ARCC | 1L Sr Secured | SOFR | 450 | 98.9 | $28M | 2032-12 | 2026-07-29 |
| BXSL | 1L Sr Secured | SOFR | 450 | 99.3 | $5M | 2032-12-03 | 2026-08-06 |
| CGBD | 1L Sr Secured | SOFR | 450 | — | -$55K | 2032-12-03 | 2026-08-06 |
| GSBD | 1L Sr Secured | SOFR | 550 | 99.5 | $18M | 2027-12-01 | 2025-11-06 stale |
| GSBD | 1L Sr Secured | SOFR | 550 | 81.4 | $2M | 2027-12-01 | 2025-11-06 stale |
| NCDL | Debt | SOFR | 550 | 82.0 | $935K | 2027-12-01 | 2025-11-04 stale |
| NCDL | Debt | SOFR | 550 | 100.0 | $8M | 2027-12-01 | 2025-11-04 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.
- acquisitionBusinessolver acquires assets of ProView Global; establishes Global Administrators, Inc. in PhilippinesBusinessolver acquired the assets of long-term service partner ProView Global, a Philippines-based BPO workforce, and established a new subsidiary, Global Administrators, Inc., to expand back-office and round-the-clock client support capabilities.
- acquisitionBusinessolver acquires The Capstone GroupBusinessolver acquired The Capstone Group, a leading firm in employee benefits outsourcing, risk management, and compliance solutions, to extend its presence and expertise in benefits technology and outsourcing.
- acquisitionBusinessolver acquires Workterra from CareerBuilderBusinessolver acquired Workterra, a fully configurable cloud-based benefits administration and enrollment platform, from CareerBuilder in its first-ever bolt-on acquisition, with financial terms undisclosed.
- recapitalizationStone Point Capital leads majority recapitalization of Businessolver; Warburg Pincus and JMI Equity retain stakesFunds managed by Stone Point Capital LLC acquired a majority stake in Businessolver in a recapitalization transaction, joining existing investors Warburg Pincus and JMI Equity who retained minority positions; William Blair served as exclusive financial advisor to Businessolver.
- minority investmentWarburg Pincus invests in BusinessolverWarburg Pincus, a global private equity firm with over $46 billion of capital under management, made a growth investment in Businessolver to expand the company's strategic initiatives, governance, and oversight.
- minority investmentJMI Equity makes growth equity investment in Businessolver (reported)JMI Equity made a growth equity investment in Businessolver, marking the company's first institutional private equity backing; Warburg Pincus is also listed by Mergr as a co-investor on this date, though Warburg's own site places its investment in 2018.
Headlines mentioning Businessolver.com, 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.