From GlobeNewswire: 2024-05-13 08:30:00

CNL Strategic Capital, LLC aims to provide income and growth by investing in middle-market businesses. As of March 31, 2024, it had $1.1 billion in assets and received $56.5 million in net offering proceeds. The Company’s portfolio includes 14 companies, with a total investment return of 89.0% for Class FA shares.

Cash distributions funded 99.4% by net investment income and 0.6% from excess distributions. Total distributions declared for the three months ended March 31, 2024, amounted to $4,751, including $30 in excess of net investment income. CNL Strategic Capital focuses on investing in growing middle-market businesses for long-term appreciation.

CNL Strategic Capital reported total investment return of 2.3% per share for Class FA funds in the first quarter of 2024. Since inception, the Company has raised $966.0 million, with approximately $32.3 million from the distribution reinvestment plan. The Company’s objective is to offer income and growth to investors through strategic investments.

CNL Strategic Capital’s portfolio includes equity and debt investments in various sectors, with a focus on middle-market businesses. The Company has raised significant capital since its inception in 2018 and aims to continue providing long-term appreciation to investors. CNL Strategic Capital seeks to provide a steady source of income to shareholders through its investment strategies.

Levine Leichtman Strategic Capital (LLSC), an affiliate of Levine Leichtman Capital Partners, LLC (LLCP), supports CNL Strategic Capital in managing investments. LLCP has a strong track record of investing in targeted sectors like Franchising & Multi-unit, Business Services, and Manufacturing. CNL Strategic Capital is driven by a commitment to offering growth and income opportunities to investors.



Read more at GlobeNewswire:: CNL STRATEGIC CAPITAL ANNOUNCES OPERATING RESULTS FOR FIRST