Great Elm Capital Corp. - 8.125
GECCH
NASDAQ Global Market25.55
USD
+0.26
- -
CIK
0001675033
ISIN
US3903208771
CUSIP
390320109
Return %
Stock
S&P500
1Y
1.96
26.53
3Y
2.61
76.60
5Y
2.61
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Matthew Dov Kaplan
- Full Time Employees
- 12
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 800 South Street Waltham MA United States of America 02453
- IPO Date
- Sep 26, 2024
- CIK
- 0001675033
- Website
- greatelmcc.com
- Similar Companies
- Business
- Great Elm Capital Corp. (GECC) operates as an externally managed business development company focused on generating current income and capital appreciation through investments in secured and senior secured debt instruments of middle-market companies, as well as income-generating equity securities in specialty finance businesses; its portfolio emphasizes specialty finance platforms including factoring, asset-based lending, early-stage business financing, small and medium business lending, and healthcare-focused secured lending. The company offers direct investments in loans, bonds, preferred equities, and non-specialty finance assets, alongside participations in collateralized loan obligations and other specialty finance-related instruments managed through Great Elm Specialty Finance; it targets middle-market firms with enterprise values between $100 million and $2 billion, primarily in sectors such as media, commercial services, healthcare, telecommunications, and communications equipment, with equity investments typically ranging from $3 million to $10 million in companies generating $3 million to $75 million in revenue. Founded in 2016 and headquartered in Palm Beach Gardens, Florida, GECC conducts operations across the United States and maintains significant alignment between management, the board, and shareholders. Recent developments include a rebranding of Sterling to Great Elm Commercial Finance in April 2025 to broaden asset-based lending solutions, an upsizing of Great Elm Commercial Finance's back-leverage facility by over 20% in July 2025, strengthened balance sheet actions such as raising equity at net asset value, doubling its revolver size, reducing revolver interest rates by 50 basis points, and refinancing higher-cost debt lower in August-September 2025; in November 2025, the board approved a $10 million share repurchase program and maintained a $0.37 per share quarterly distribution for Q4 2025, while reporting Q3 2025 total investment income of $10.6 million despite challenges from the First Brands bankruptcy.