Simplicity Financial Marketing Group Holdings, Inc
How each BDC lender prices its exposure to this borrower, from the latest SEC Schedule-of-Investments filings.
Lenders
Simplicity Financial Marketing Group Holdings, Inc is held by 4 BDC lenders in our parsed SEC filings: BXSL, OBDC, PFLT, PNNT.
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 |
|---|---|---|---|---|---|---|---|
| BXSL | 1L Sr Secured | SOFR | 500 | 99.7 | $10M | 2031-12-31 | 2026-08-06 |
| OBDC | 1L Sr Secured | SOFR | 500 | 98.7 | $50M | 2031-12 | 2026-08-05 |
| OBDC | 1L Sr Secured | — | — | -$68K | 2031-12 | 2026-08-05 | |
| OBDC | 1L Sr Secured | — | — | — | 2026-12 | 2026-08-05 | |
| PFLT | 1L Sr Secured | SOFR | 640 | 101.0 | $11M | 2026-12-02 | 2024-11-26 stale |
| PFLT | 1L Sr Secured | SOFR | 640 | 101.0 | $4M | 2026-12-02 | 2024-11-26 stale |
| PNNT | 1L Sr Secured | SOFR | 640 | 101.0 | $4M | 2026-12-02 | 2024-11-26 stale |
| PNNT | 1L Sr Secured | SOFR | 640 | 101.0 | $11M | 2026-12-02 | 2024-11-26 stale |
| PFLT | 1L Sr Secured | — | 2.0 | $93K | 2026-02-09 | 2024-11-26 stale | |
| PNNT | 1L Sr Secured | — | — | — | 2026-12-02 | 2024-11-26 stale | |
| PNNT | 1L Sr Secured | — | 2.0 | $93K | 2026-02-09 | 2024-11-26 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.
- acquisitionSimplicity Group acquires BKA FinancialSimplicity Group Holdings acquired BKA Financial, a New York-based firm specializing in insurance distribution in the institutional space, expanding its wirehouse and financial institution relationships.
- sponsor changeSkyKnight Capital and Dragoneer Investment Group acquire majority stake in Simplicity from Lee Equity PartnersSkyKnight Capital and Dragoneer Investment Group announced a definitive agreement on August 8, 2024 for a majority investment in Simplicity Group Holdings, acquiring interests held by Lee Equity Partners and providing a liquidity opportunity for employee partners; the transaction closed in December 2024.
- sponsor changeLee Equity Partners acquires majority stake in Simplicity Group Holdings from Aquiline Capital PartnersLee Equity Partners entered into a definitive agreement to become the new majority owner of Simplicity Group Holdings, replacing Aquiline Capital Partners; the transaction was expected to close by end of 2020 subject to regulatory approvals, with financial terms undisclosed.
- acquisitionSimplicity Group acquires PFG Marketing Group, Inc.Simplicity Group Holdings acquired PFG Marketing Group, an independent insurance distribution company founded in 1995 and headquartered in Glendale, Arizona, rebranding it as Simplicity Glendale.
- minority investmentAquiline Capital Partners acquires majority stake in Simplicity Group HoldingsAquiline Capital Partners took a majority stake in Simplicity Group Holdings, providing backing for the firm's emergence and growth in the life insurance and annuity distribution space.
- recapitalizationSimplicity Group completes recapitalization delivering 4x return; Lee Equity era formally begins (December 2020)Simplicity completed its recapitalization in December 2020, delivering a 4x return in 4 years to all shareholders, with 68% of shareholder partners reinvesting into the next phase of development.
Verified headlines that signal an acquisition, merger, buyout, sponsor change, refinancing, or restructuring involving Simplicity Financial Marketing Group Holdings, Inc. A mention is not confirmation of a completed deal — verify against the linked source. Source: Google News.
Headlines mentioning Simplicity Financial Marketing Group Holdings, Inc
Public headlines that name Simplicity Financial Marketing Group Holdings, Inc, 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.
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.