OFS Capital Corp. (Nasdaq: OFS) is buying Tamarix Capital Partners LP for an undisclosed price.
Tamarix Capital is a small business investment company (SBIC). The group will become a subsidiary of OFS Capital. The Small Business Administration has approved the transaction.
OFS is a business development company that invests in U.S. middle market businesses. The deal should give the group more financing capacity, which should allow it to increase direct lending activities.