Princeton Capital Corporation
PIAC
Other OTC0.05
USD
- -
- -
CIK
0000845385
ISIN
US7418651094
CUSIP
741865109
Return %
Stock
S&P500
1Y
-27.14
26.53
3Y
-79.60
76.60
5Y
-66.45
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
- Mark S. DiSalvo
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 800 Turnpike Street North Andover MA United States of America 01845
- IPO Date
- Jul 19, 1994
- CIK
- 0000845385
- Website
- princetoncapitalcorp.com
- Similar Companies
- Business
- Princeton Capital Corporation is a closed-end, externally managed business development company specializing in providing debt-financing solutions at all levels of the capital structure to U.S. lower middle-market companies. Its core products and services include first and second lien debt, notes, bonds, mezzanine securities, subordinated debt, warrants, and equity co-investments. The company targets investments in a variety of industries and industries within the United States, focusing on companies with sales exceeding $35 million and EBITDA between $3 million and $20 million. Founded in 1989 and headquartered in North Andover, Massachusetts, Princeton Capital Corporation operates as a financial institution offering growth capital through debt and equity investments primarily in the U.S. lower middle market. In the recent past, the company has pursued strategic growth via acquisitions and recapitalizations, including an acquisition completed in late 2024 to expand investment capabilities and portfolio diversification. Princeton Capital Corporation is managed by House Hanover, LLC, which acts as its investment adviser, emphasizing generating current income and capital appreciation through diverse debt instruments and equity-related securities. The company’s strategic initiatives over the last 1-2 years have included a focused investment approach in sponsored and non-sponsored deals, with targeted transactions generally ranging from $1 million to $5 million per deal, aimed at facilitating business expansion, refinancing, and leveraged buyouts within its target market. This comprehensive blend of debt and equity financing solutions, alongside recent acquisition activity and a strategic focus on lower middle-market enterprises, exemplifies Princeton Capital Corporation's ongoing commitment to fostering economic growth and delivering competitive returns for its stockholders.