Initial Public Offering

Technology & Services
Initial Public Offering

Summary

Baird served as joint book-running manager in this offering.

About

Fidus Investment Corporation (NASDAQ: FDUS) (“Fidus” or the “Company”) recently completed an initial public offering of 4,670,000 shares of its common stock at a price of $15.00 per share, generating gross proceeds of approximately $70.1 million. The Company intends to use the net proceeds from the offering to invest in portfolio companies through Fidus Mezzanine Capital, L.P. or directly in accordance with the Company’s investment objective and strategies, to make distributions to the Company’s shareholders and for general corporate purposes.

Fidus provides customized mezzanine debt and equity financing solutions to lower middle-market companies, which generally are defined as U.S. based companies having revenues between $10 million and $150 million. Fidus's investment objective is to provide attractive risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity related investments. Fidus seeks to partner with business owners, management teams and financial sponsors by providing customized financing for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.

For additional information about this transaction, please contact:

Mark C. Micklem (703) 821-5787
Technology & Services
Initial Public Offering
Date
June 2011
Company
Fidus Investment Corporation
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

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