Michael Baker International, LLC
Engineering, consulting and technology services firm serving transportation, infrastructure, geospatial, government/federal, and resilience/mitigation markets.
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
Michael Baker International, LLC is held by 5 BDC lenders in our parsed SEC filings: NMFC, OXSQ, PFLT, PNNT, PSBD.
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 |
|---|---|---|---|---|---|---|---|
| PSBD | 1L Sr Secured | SOFR | 400 | 100.1 | $9M | 2028-12-01 | 2026-08-05 |
| NMFC | 1L Sr Secured | SOFR | 475 | 100.4 | $5M | 2028-12 | 2025-02-26 stale |
| PFLT | 1L Sr Secured | SOFR | 475 | 100.4 | $8M | 2028-12-01 | 2024-11-26 stale |
| PNNT | 1L Sr Secured | SOFR | 400 | 99.8 | $496K | 2028-12-18 | 2025-05-12 stale |
| OXSQ | 1L Sr Secured | — | 100.0 | $10M | 2028-12-01 | 2026-05-01 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.
- acquisitionMichael Baker International acquires Gavan-Graham Electrical ProductsMichael Baker International acquired Gavan-Graham Electrical Products as one of four simultaneous bolt-on acquisitions announced June 6, 2024, expanding its electrical systems delivery capabilities.
- acquisitionMichael Baker International acquires MLU Services, Inc.Michael Baker International acquired MLU Services, a national logistics and disaster response firm, to operate within its Tidal Basin Group and expand emergency management capabilities.
- acquisitionMichael Baker International acquires Tidal BasinMichael Baker International acquired Tidal Basin, a leading emergency and disaster management consulting firm, which continues to operate as a stand-alone sister entity within the DC Capital portfolio.
- sponsor changeMichael Baker International confirmed as DC Capital Partners portfolio company post-mergerMergr records DC Capital Partners as having acquired Michael Baker International on 2013-07-29 (reflecting the signing/tender-offer completion date), with DC Capital remaining the controlling private equity sponsor.
Verified headlines that signal an acquisition, merger, buyout, sponsor change, refinancing, or restructuring involving Michael Baker International, LLC. A mention is not confirmation of a completed deal — verify against the linked source. Source: Google News.
Headlines mentioning Michael Baker International, LLC
Public headlines that name Michael Baker International, LLC, matched by company name and shown most-recent first. A mention is not an endorsement, a rating, or investment advice — verify anything material against the original source. Source: Google News.
- Michael Baker International Names Marchman VP, Talent Acquisition and HR AI Transformation
- DATAMARK Technologies, a Michael Baker International Company, Announces Three New Partnerships to Drive Public Safety Innovation
- Michael Baker International Names Kevin R. Collins, P.E., President - Infrastructure
- Michael Baker International Names Alex Shannon National Director – Water
- Michael Baker International Names Alex Shannon National Director - Water
- Michael Baker International Promotes Jim Duguay to National Aviation Planning Lead
- AstreaX, a Michael Baker International Company, Enhances AX Wallet to Deliver Digital Vehicle Credentials and Renewals Directly into Citizens' Hands
- Michael Baker International Names Jeremy Hunter Indianapolis Office Executive
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.