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Private-Credit Borrower

New Era Technology LLC


How each BDC lender prices its exposure to this borrower, from the latest SEC Schedule-of-Investments filings.

3
BDC Lenders
7
Debt Positions

Lenders

New Era Technology LLC is held by 3 BDC lenders in our parsed SEC filings: CCAP, FSK, MFIC.

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).

BDCTypeRateCash spread (bps)Mark (% of par)Fair ValueMaturityFiling
FSK1L Sr SecuredPIK630100.0$1M2030-062026-08-06
FSK1L Sr SecuredSOFR63097.2$11M2030-062026-08-06
FSK1L Sr SecuredPIK63094.4$3M2030-062026-08-06
CCAP1L Sr SecuredSOFR625100.0$171K2030-06-302026-08-10
CCAP1L Sr SecuredSOFR625100.0$5M2030-06-302026-08-10
MFIC1L Sr SecuredPIK71.4$297K2030-06-302026-08-06
MFIC1L Sr SecuredPIK93.1$13M2030-06-302026-08-06

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.

  • acquisitionNew Era Technology acquires 4Logic (Australia)New Era Technology acquired 4Logic, a Belmont, Australia-based provider of networking, monitoring, cloud, and other managed services, extending its APAC footprint.2022-11-18 · per tracxn.com
  • recapitalizationSentinel Capital Partners recapitalizes New Era Technology alongside incumbent Gemini InvestorsSentinel Capital Partners led a recapitalization of New Era Technology, partnering with the management team and incumbent investor Gemini Investors, after New Era had completed 12 prior add-on acquisitions.2019-09-25 · per prnewswire.com
  • lboGemini Investors acquires New Era TechnologyPrivate equity firm Gemini Investors acquired New Era Technology, a managed IT services company, marking the firm's first institutional ownership.2013-08-01 · per mergr.com
  • acquisitionNew Era Technology acquires Aptude, Inc.New Era Technology acquired Aptude, a Lisle, Illinois-based digital transformation and IT consulting firm, expanding its nearshore and offshore professional services capabilities.per channele2e.com
  • acquisitionNew Era Technology acquires Hybrid PathwaysNew Era Technology acquired Hybrid Pathways, a Hartford, Connecticut-based cybersecurity firm, expanding New Era's security service capabilities.per hartfordbusiness.com
  • acquisitionNew Era Technology acquires Cameo Global, Inc.New Era Technology acquired Cameo Global, Inc., a provider of IT and collaboration solutions, managed services, and contact center technologies worldwide.per oemcapital.com
No acquisition, ownership-change, or refinancing headlines for New Era Technology LLC are in our verified news index yet. Most BDC borrowers are private companies, so ownership events are not always public; absence reflects our indexing coverage, not the borrower’s deal activity.

Headlines mentioning New Era Technology LLC

We haven’t indexed any headlines that name New Era Technology LLC. That reflects our news-indexing coverage — not the borrower’s activity — so the absence is not a signal.

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.