Tracked deals
3
3 tracked deals across 2021-2025.
New York, New York, United States
A business development company (BDC) managed by affiliates of Benefit Street Partners. It provides debt financing to middle-market companies, including loans and other credit investments. In January 2024, Franklin BSP Capital Corporation completed a merger with Franklin BSP Lending Corporation and continues to operate under the Franklin BSP Capital Corporation name.
Tracked deals
3
3 tracked deals across 2021-2025.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
3 buyout
Last 3 years
Supporting Data
Franklin BSP Realty Trust, Inc. (FBRT) has closed its acquisition of NewPoint Holdings JV L.L.C. (NewPoint) for $425 million. The deal expands FBRT's multifamily and agency lending capabilities, adding NewPoint's commercial real estate lending platform to FBRT's debt origination and servicing business.
Franklin BSP Lending Corporation and Franklin BSP Capital Corporation, BDCs advised by Benefit Street Partners, acquired substantially all equity interests of Encina Equipment Finance, LLC. Encina will remain headquartered in Westport, Connecticut with management, including CEO Rick Matte, continuing to lead the business and retaining a minority stake; the acquisition provides a permanent capital base to support growth of Encina's equipment finance platform across the U.S. and Canada.
Franklin BSP Realty Trust, Inc. (FBRT) completed its previously announced merger with Capstead Mortgage Corporation (Capstead). The transaction converted Capstead common and preferred shares into FBRT securities and delisted Capstead from the NYSE, with trading for the combined company beginning under FBRT’s tickers on October 19, 2021.
Turn tracked acquisition activity into an outreach-ready buyer list.