Portman Ridge Finance completes merger with Logan Ridge Finance
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Portman Ridge Finance Corporation Closes Merger with Logan Ridge Finance Corporation
July 15, 2025 4:15 PM UTCNEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ: PTMN) (Portman Ridge or PTMN) today announced the closing of the previously announced merger of Logan Ridge Finance Corporation (NASDAQ: LRFC) (Logan Ridge or LRFC) with and into PTMN, with PTMN remaining as the surviving company. Based on July 11, 2025 financial data, the combined company had total assets in excess of $600 million.
Ted Goldthorpe, President and Chief Executive Officer of PTMN and Head of the BC Partners Credit Platform, stated, We would like to thank the shareholders... More
