BlackRock TCP Capital Corp. Completes Merger with BlackRock Capital Investment Corporation
March 18, 2024
BlackRock TCP Capital Corp. (TCPC) has completed its merger with BlackRock Capital Investment Corporation (BCIC); the combined company will continue trading under the ticker TCPC and remain externally managed by a BlackRock subsidiary. Former BCIC shareholders will receive 0.3834 shares of TCPC per BCIC share, and the transaction results in legacy TCPC and former BCIC shareholders owning approximately 67.5% and 32.5% of the combined company, respectively; TCPC's advisor also agreed to a reduced base management fee and limited fee waivers.
- Buyers
- BlackRock TCP Capital Corp.
- Targets
- BlackRock Capital Investment Corporation
- Sellers
- Former BlackRock Capital Investment Corporation shareholders
- Industry
- Financial Services
- Location
- New York, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
ProAmpac Completes Acquisition of TC Transcontinental Packaging
December 10, 2025
Manufacturing
ProAmpac completed its acquisition of TC Transcontinental Packaging (TCP) from TC Transcontinental for cash proceeds of $2.1 billion. The deal unites TCP’s advanced packaging capabilities and global footprint with ProAmpac’s sustainability, speed-to-market, and material science capabilities.
-
Colony Bankcorp to Acquire TC Bancshares (TC Federal Bank)
July 23, 2025
Financial Services
Colony Bankcorp, Inc. agreed to acquire 100% of the common stock of TC Bancshares, Inc. in a combined stock-and-cash transaction valued at approximately $86.1 million. The merger is intended to create a stronger community banking franchise focused on enhanced customer service and expanded capabilities and is expected to close on or about December 1, 2025 after approvals.
-
Intercontinental Exchange (ICE) and Victory Park Capital Complete Bakkt Merger with VPC Impact Acquisition Holdings
October 15, 2021
Payments & Fintech
Intercontinental Exchange (ICE) announced that Bakkt Holdings, LLC completed its merger with VPC Impact Acquisition Holdings (VIH). The combined company began trading on the New York Stock Exchange on October 18, 2021 under the ticker “BKKT,” following shareholder approval and customary closing conditions.
-
BlackRock LTPC Acquires Majority Stake in Summit Companies
September 20, 2021
Industrial Services
BlackRock Long Term Private Capital (LTPC) acquired a majority interest in Summit Companies, a national fire and life safety services provider, from CI Capital Partners. LTPC will partner with Summit's management to scale capabilities and expand the company's geographic footprint across the Midwest, South and Southwest.
-
BlackRock LTPC Acquires Majority Stake in Transaction Data Systems from GTCR
May 17, 2021
Healthcare Services
BlackRock Long Term Private Capital (LTPC) acquired a majority interest in Transaction Data Systems (TDS), a provider of pharmacy management software and services, with GTCR retaining a minority stake. LTPC will partner with TDS management to drive the company's next phase of growth, building on TDS's pharmacy software, data analytics and clinical offerings.
-
Concrete Pumping Holdings Acquires Capital Pumping
March 18, 2019
Construction
Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) agreed to acquire Capital Pumping, LP and its affiliates in an all-cash transaction to expand its footprint and scale in the fragmented Texas concrete-pumping market. The deal—expected to close in Q2 2019 and financed via equity/equity-linked securities and additional term loans—adds a well-run, family-owned Texas business with an efficient, young fleet and reported adjusted EBITDA of approximately $23 million for 2018.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.