CNL Strategic Capital Unveils Their New Follow-On Offering
CNL Strategic Capital Launches Significant Follow-On Offering
CNL Strategic Capital, a non-traded public company focused on generating income and facilitating long-term appreciation for its investors, has initiated its second follow-on offering, allowing for the issuance of up to $1.1 billion in shares. This strategic move underscores the company's robust commitment to enhancing its investment portfolio.
Investment Strategy Overview
This offering will adhere to CNL Strategic Capital’s investment strategy, which aims to acquire and nurture sturdy middle-market enterprises. By adopting this approach, the company aspires to bolster its portfolio with enduring and profitable businesses.
Effective Registration and Offering Details
The U.S. Securities and Exchange Commission has confirmed the effectiveness of this follow-on offering, which includes an additional $100 million allocated for shares under the company’s distribution reinvestment initiative. This comprehensive strategy positions CNL Strategic Capital to further engage in valuable investment opportunities.
Previous Offering Success
CNL Strategic Capital's initial public offering, which closed on November 1, 2021, successfully raised approximately $264.7 million. Furthermore, the follow-on public offering conducted from the same date until November 2024 garnered an exceptional $704.8 million. Altogether, these efforts have culminated in a remarkable total of $969.5 million raised through both the initial and follow-on offerings.
About CNL Strategic Capital
CNL Strategic Capital operates as a publicly registered, non-traded limited liability company aiming to provide attractive income and appreciation to investors. This is achieved through strategic acquisition of controlling equity interests and the integration of loan positions within solid, expanding middle-market businesses. The company is externally managed by CNL Strategic Capital Management, LLC alongside Levine Leichtman Strategic Capital, LLC.
The Role of CNL Financial Group
CNL Financial Group plays a pivotal role in the investment landscape as a premier private investment management firm, offering diverse alternative investment opportunities. Since its establishment in 1973, CNL and its affiliates have successfully formed or acquired companies boasting assets exceeding $36 billion, solidifying their industry presence.
Insights into Levine Leichtman Strategic Capital
Levine Leichtman Strategic Capital is notable for being an affiliate of Levine Leichtman Capital Partners, LLC, specializing in middle-market investments. This firm has honed its expertise across various sectors, including franchising, business services, education, and engineered products. Employing a unique structured private equity strategy, LLCP combines both debt and equity investments, allowing for tailored financial solutions for middle-market companies.
Global Investment Management
LLCP’s impressive track record includes managing approximately $14.8 billion of institutional capital across multiple investment funds, and it continues to invest actively in a diverse portfolio of over 100 companies. With a robust global presence, LLCP effectively oversees $10.2 billion in assets, catering to growth in various markets.
Frequently Asked Questions
What is the total amount raised in CNL Strategic Capital's public offerings?
The total raised from initial and follow-on public offerings is approximately $969.5 million.
What is the focus of CNL Strategic Capital's investment strategy?
CNL Strategic Capital focuses on acquiring and growing durable, middle-market businesses.
Who manages CNL Strategic Capital?
The company is managed externally by CNL Strategic Capital Management, LLC and Levine Leichtman Strategic Capital, LLC.
How long has CNL Financial Group been in operation?
CNL Financial Group has been operating since 1973, providing diverse investment opportunities.
What sectors does Levine Leichtman Strategic Capital invest in?
LLCP invests in franchising, business services, education, training, and engineered products sectors.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.