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Private-Credit Borrower

Riskonnect


Global provider of integrated risk management (IRM) SaaS software, giving organizations a holistic view of risk, mitigations, costs, and impact across the enterprise.

Company profile compiled from public sources (company filings, rating-agency reports, and press releases) — distinct from the SEC Schedule-of-Investments pricing data below.

3
BDC Lenders
9
Debt Positions

Lenders

SEC filing entity: Riskonnect Parent, LLC

Riskonnect is held by 3 BDC lenders in our parsed SEC filings: GBDC, MSDL, 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). 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).

BDCTypeRateCash spread (bps)Mark (% of par)Fair ValueMaturityFiling
GBDC1L Sr SecuredSOFR47598.5$44M2028-122026-08-03
GBDC1L Sr SecuredSOFR47598.5$2M2028-122026-08-03
GBDC1L Sr SecuredSOFR47598.5$797K2028-122026-08-03
GBDC1L Sr SecuredSOFR47598.4$560K2028-122026-08-03
GBDC1L Sr SecuredSOFR47589.7$113K2028-122026-08-03
MSDL1L Sr SecuredSOFR599.5$6M2028-12-072026-08-06
MSDL1L Sr SecuredSOFR597.1$133K2028-12-072026-08-06
MSDL1L Sr SecuredSOFR599.5$4M2028-12-072026-08-06
NMFC1L Sr Secured2026-032026-02-24 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.

  • acquisitionRiskonnect acquires Ventiv Technology; TA Associates provides additional capitalRiskonnect acquired Atlanta-based Ventiv Technology, a risk management information systems (RMIS) provider, with TA Associates—as majority owner—providing additional investment capital to support the deal.2024-01-11 · per insurancejournal.com
  • sponsor changeTA Associates makes growth investment in Riskonnect; Thoma Bravo retains stakeTA Associates announced a new growth investment in Riskonnect, becoming the new majority investor; Thoma Bravo planned to continue holding a significant minority equity stake in the company.2021-11-10 · per ta.com
  • acquisitionRiskonnect acquires Marsh ClearSight from MarshRiskonnect completed the acquisition of Marsh ClearSight LLC, a global risk, safety, and claims software and services business unit of Marsh, making Riskonnect the most comprehensive global integrated risk management suite serving over 900 customers in 45 countries.2018-10-01 · per thomabravo.com
  • buyoutThoma Bravo completes acquisition of Riskonnect (closed)Thoma Bravo, LLC closed its strategic growth investment in Riskonnect, Inc., with founders retaining a significant minority stake and financial terms undisclosed.2017-06-30 · per prnewswire.com
  • lboThoma Bravo acquires Riskonnect via Discover Fund (announced)Thoma Bravo announced a strategic growth investment and acquisition of Riskonnect, Inc. through its Discover Fund; Riskonnect's three founders retained a significant minority stake.2017-06-07 · per riskonnect.com
  • acquisitionRiskonnect acquires Aruvio to expand GRC offeringThoma Bravo-backed Riskonnect acquired Aruvio to bolster its governance, risk, and compliance (GRC) and business continuity management product suite.2017-01-01 · per thomabravo.com
  • acquisitionRiskonnect acquires Xactium, UK-based GRC software providerRiskonnect acquired Xactium, a UK-based cloud GRC software vendor headquartered in Sheffield, to expand its financial-services and risk intelligence capabilities.per coverager.com
  • acquisitionRiskonnect acquires ICIX, ESG value chain governance providerRiskonnect acquired ICIX, a provider of ESG value chain governance solutions, to accelerate its global growth strategy and strengthen ESG and supply chain capabilities.per thomabravo.com
  • acquisitionRiskonnect acquires CAMMS, cloud GRC software providerTA Associates-backed Riskonnect acquired CAMMS, a cloud-based GRC software provider founded in 1996 and headquartered in Adelaide, Australia, to expand its GRC capabilities and Asia-Pacific presence.per privsource.com
No acquisition, ownership-change, or refinancing headlines for Riskonnect 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 Riskonnect

We haven’t indexed any headlines that name Riskonnect. 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.