Capital Southwest Corporation Announces Addition of Curtis Harrison as a Principal on the Investment Team
27 September 2017 - 6:01AM
Capital Southwest Corporation (Nasdaq:CSWC) (“Capital Southwest” or
“the Company”) today announced that seasoned middle market lending
professional Curtis Harrison has joined the Company as a Principal
on the investment team, effective immediately. Mr. Harrison
joins Capital Southwest from Goldman Sachs Specialty Lending Group,
bringing to Capital Southwest extensive direct middle market
lending experience.
“We are excited to welcome Curtis to Capital
Southwest as we continue to expand our ability to source, structure
and manage a robust directly-originated middle market credit
portfolio,” said Bowen S. Diehl, Chief Executive Officer of Capital
Southwest. “Curtis has significant experience in evaluating,
structuring and closing credit investments in middle-market
companies in a variety of industries. The ability to attract
talent like Curtis is a testament to the team’s progress and track
record of establishing Capital Southwest as a robust middle market
lending platform. Curtis adds significant depth to the
investment team and further enhances our ability to create
long-term shareholder value.”
Mr. Harrison brings over 13 years of direct
lending experience to Capital Southwest. Before joining the
Company, he was a Vice President in the Specialty Lending Group at
Goldman Sachs & Co, where he led over fifty financing
transactions representing over $2.0 billion in invested
capital. Industries in which Mr. Harrison has substantial
experience include: software, media, telecom, healthcare,
business services, advertising, restaurants and logistics.
Prior to Goldman, Mr. Harrison was in the investment banking group
at Deloitte & Touche, and held various finance positions at
Koch Industries, Inc. Mr. Harrison earned a B.S. in Business
Administration from Oklahoma State University and is a CFA
charterholder.
About Capital Southwest
Corporation
Capital Southwest Corporation (Nasdaq:CSWC) is a
Dallas, Texas-based, Internally Managed Business Development
Company which has net assets of approximately $287 million as of
June 30, 2017. Capital Southwest is a middle-market lending
firm focused on supporting the acquisition and growth of middle
market businesses. Capital Southwest makes investments
ranging from $5 to $20 million in securities across the capital
structure, including first lien, unitranche, second lien,
subordinated debt and non-control equity co-investments. As a
public company with a permanent capital base, Capital Southwest has
the flexibility to be creative in its financing solutions and to
invest to support the growth of its portfolio companies over long
periods of time.
Forward-Looking Statements
This press release contains historical
information and forward-looking statements within the meaning of
The Private Securities Litigation Reform Act of 1995 with respect
to the business and investments of Capital Southwest.
Forward-looking statements are statements that are not historical
statements and can often be identified by words such as "will,"
"believe," "expect" and similar expressions and variations or
negatives of these words. These statements are based on
management's current expectations, assumptions and beliefs. They
are not guarantees of future results and are subject to numerous
risks, uncertainties and assumptions that could cause actual
results to differ materially from those expressed in any
forward-looking statement. These risks include risks related to
changes in the markets in which Capital Southwest invests, changes
in the financial and lending markets, regulatory changes, tax
treatment and general economic and business conditions.
Readers should not place undue reliance on any
forward-looking statements and are encouraged to review Capital
Southwest's Annual Report on Form 10-K for the year ended March 31,
2017 and subsequent filings with the Securities and Exchange
Commission for a more complete discussion of the risks and other
factors that could affect any forward-looking statements. Except as
required by the federal securities laws, Capital Southwest does not
undertake any obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events, changing circumstances or any other reason after the
date of this press release.
Investor Relations
Contacts:
Michael S. Sarner, Chief Financial
Officer214-884-3829
Capital Southwest (NASDAQ:CSWC)
Historical Stock Chart
From Apr 2024 to May 2024
Capital Southwest (NASDAQ:CSWC)
Historical Stock Chart
From May 2023 to May 2024