Logan Ridge Finance Corporation, formerly known as Capitala Finance Corp., functions as a Business Development Company (BDC) primarily focused on providing various types of capital to businesses. This includes a range of debt instruments such as first-lien, second-lien, unitranche, and senior subordinated debt, in addition to participating in minority equity co-investments. The firm's investment strategy targets companies within the lower middle and middle market segments, exclusively within the United States. They are active across a broad spectrum of industries, including but not limited to aerospace, defense, business services, education, food and beverage, industrial and environmental services, logistics, distribution, media, telecommunications, manufacturing, consumer goods, and healthcare. For each individual transaction, Logan Ridge Finance Corporation typically deploys between $5 million and $50 million. They seek out companies with an annual EBITDA ranging from $5 million to $50 million, and an overall enterprise value of less than $250 million. Their minority equity co-investments are generally executed in partnership with the target company's management team or other financial sponsors.