Kayne Anderson BDC, Inc. (NYSE: KBDC) has announced a strategic investment in SG Credit Partners, Inc., a prominent national credit platform focusing on the lower middle market. This investment aligns with KBDC's strategy to diversify its private credit investment capabilities and enhance its middle market investing strategy. The transaction involves an $80 million term loan facility, a $34 million delayed draw term loan facility, and a $12 million common equity investment, positioning KBDC as a significant minority shareholder in SG Credit. Founded in 2013, SG Credit has a track record of investing in over 200 companies with commitments exceeding $1 billion. This collaboration aims to bolster SG Credit's growth and expand its financing solutions across various sectors.
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