Triangle Capital Corp. Invests in APM Holdings

4/26/17

RALEIGH, N.C., April 26, 2017 (GLOBE NEWSWIRE) -- Triangle Capital Corporation (NYSE:TCAP), a leading provider of capital to lower middle market companies, announced today that it closed a $14.4 million investment in APM Holdings, LLC consisting of second lien debt. APM is a manufacturer of high-purity chemicals for the pharmaceutical, biopharmaceutical, semiconductor and laboratory markets.

About Triangle Capital Corporation

Triangle Capital Corporation (www.TCAP.com) invests capital in established companies in the lower middle market to fund growth, changes of control and other corporate events. Triangle offers a wide variety of investment structures with a primary focus on mezzanine financing with equity components. Triangle’s investment objective is to seek attractive returns by generating current income from debt investments and capital appreciation from equity related investments. Triangle’s investment philosophy is to partner with business owners, management teams and financial sponsors to provide flexible financing solutions. Triangle typically invests $5.0 million - $50.0 million per transaction in companies with annual revenues between $20.0 million and $300.0 million and EBITDA between $5.0 million and $75.0 million.

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