In November 2020, SCP’s flagship BDC, Solar Capital Ltd., announced its acquisition of a majority interest in Kingsbridge Holdings (“Kingsbridge”), complementing SCP’s suite of diversified specialty finance strategies.
Headquartered in Lake Forest, Illinois, Kingsbridge is a high grade, independent, mid-ticket lessor of essential equipment with ~125 full-time employees. Solar Capital Ltd. has been providing Kingsbridge debt capital since 2018.
Kingsbridge manages a highly diversified portfolio of equipment leases predominantly to investment grade corporate borrowers.
- Investment grade issuers across the United States and Canada
- Customers that primarily operate in the industrial, technology and healthcare sectors
- Large privately held companies with fixed assets
- Businesses with capital equipment needs
- Directly originated operating leases for essential use equipment
- Finance leases