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Triangle Capital Corporation

Triangle Capital Corporation (TCAP) was a publicly-traded closed-end investment company that was focused on providing customized financing solutions to lower middle-market businesses located primarily in the United States. The company invested primarily in loans and, to a lesser extent, in equity securities issued by private, U.S. based companies.

In terms of financial performance, here are some key details:

* Triangle Capital Corporation paid regular monthly dividends to its shareholders, however, the company has slashed its dividend multiple times in recent years and in 2018, the company decided to suspend its common stock dividend.

* As of March 31, 2020, the company had total investments of $657 million, including investments in 41 portfolio companies.

* For the full year 2019, the company reported net investment income of $24.3 million, or $0.62 per share, and a net asset value of $8.37 per share as of December 31, 2019.

* The company was facing a challenge of a high level of debt compared to equity, and the company had to pay a large amount of interest.

It's important to note that this information is based on the company's historical performance and financial reports, and it may not necessarily indicate the future performance of the company.

On November 16, 2020, Triangle Capital Corporation (TCAP) has announced that it has entered into a definitive agreement to be acquired by MacKay Shields LLC, an investment management firm and subsidiary of New York Life Investment Management Holdings LLC, in an all-cash transaction valued at approximately $239 million.

It's worth to mention that Triangle Capital Corporation is no longer publicly traded, the company has been delisted from the NYSE American LLC on Jan 15, 2021, and is no longer considered a public company.