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RWAY
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201 days

Runway Growth Capital Closes Acquisition by BC Partners Credit and Mount Logan Capital

1. Runway Growth Capital remains independent as BC Partners acquires it. 2. The acquisition enhances Runway's resources for capital formation and financing.

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+0.78%Current Return
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-0.53%S&P 500
$11.5201/30 08:02 PM EDTEvent Start
$11.6102/02 08:04 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition may increase RWAY's credibility and funding capacity, potentially boosting stock value.

How important is it?

The strategic acquisition may positively influence investor sentiment and operational capacity for RWAY.

Why Long Term?

Enhanced resources will likely yield growth over time, as seen with similar acquisitions.

Related Companies

BC PartnersMount Logan Capital
Runway Growth Capital will continue to operate independently and serve as the external investment adviser to Runway Growth Finance Corp. (Nasdaq: RWAY), with the current team remaining in place Runway Growth Capital will leverage BC Partners Credit's extensive platform, resources, and scale to accelerate capital formation and diversify financing options for both investors and borrowers MENLO PARK, Calif. and NEW YORK , Jan. 30, 2025 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, and BC Partners Credit, the $8 billion credit arm of BC Partners, an approximately $40 billion AUM alternative investment firm, today announced that they, along with Mount Logan Capital, a Canadian alternative asset management company internally managed by employees of BC Partners Credit, closed a transaction whereby private investment funds advised by BC Partners Credit, and Mount Logan Capital pursuant to its minority investment, have acquired Runway Growth Capital LLC.

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