Fidus Investment Corp (FDUS)

Fidus Investment Corp. is a closed-end investment fund and business development company listed on NASDAQ under the ticker FDUS. The fund focuses on privately negotiated investments in U.S. lower middle market companies, with an emphasis on transactions such as leveraged buyouts, recapitalizations, ownership transitions, strategic acquisitions, and growth capital financings. Its investment approach includes a mix of debt and equity exposure, which may involve subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, and related instruments.

The fund targets companies across sectors such as aerospace and defense, business services, consumer products and services, healthcare, industrials, information technology services, niche manufacturing, transportation and logistics, and value-added distribution. It generally looks for businesses with annual revenue between $10 million and $150 million and EBITDA between $5 million and $30 million, although it may invest outside those ranges on occasion. Fidus Investment Corp. does not focus on turnaround or distressed situations and may seek minority equity positions along with board observation rights.

Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.