BCP Investment agrees to acquire Investcorp Credit Management BDC
BCIC•
BCIC•BCP Investment agreed to acquire Investcorp Credit Management BDC for 90% of its net asset value at closing, with illustrative cash consideration of approximately $3.7 million; closing is expected in Q1 2027, subject to approvals and other conditions.
BCP Investment agreed on November 11, 2026, to acquire Investcorp Credit Management BDC for 90% of its net asset value at closing. Consideration will include newly issued BCP shares capped at 19.99% of its outstanding shares, with cash covering any balance; illustrative cash consideration totals approximately $3.7 million, and shareholders will receive no manager premium.
Closing is expected in Q1 2027, subject to shareholder approvals at both companies and customary conditions. Holders representing at least 41% of Investcorp Credit Management BDC’s common shares signed voting support agreements favoring the transaction.