CNL Strategic Capital, LLC (the “Company”) is a limited liability company that primarily seeks to acquire and grow durable, middle-market U.S. businesses. The Company is externally managed by CNL Strategic Capital Management, LLC (the “Manager”) and sub-managed by Levine Leichtman Strategic Capital, LLC (the “Sub-Manager”). The Manager is responsible for the overall management of the Company’s activities and the Sub-Manager is responsible for the day-to-day management of the Company’s assets. The Manager and the Sub-Manager are each registered as an investment adviser under the Investment Advisers Act of 1940, as amended. The Company conducts and intends to continue its operations so that the Company and each of its subsidiaries do not fall within, or are excluded from, the definition of an “investment company” under the Investment Company Act of 1940, as amended (the “Investment Company Act”).
Company profile
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Absolute Title, Inc. • Alex N. Sill Company, LLC • Alex N. Sill Insurance Adjustment Company • Arrow Industrial Solutions, LLC • ATA Holding Company LLC • ATA Strategic Capital B, Inc. • ATA National Title Group, LLC • ATA Strategic Capital DebtCo, LLC • ATA Strategic Capital EquityCo, LLC • Auriemma Consulting Group, Inc. ...
Latest filings (excl ownership)
424B3
Prospectus supplement
22 Apr 24
POS EX
Additional exhibits for listing
18 Apr 24
DEFA14A
Additional proxy soliciting materials
17 Apr 24
ARS
2023 FY
Annual report to shareholders
16 Apr 24
DEF 14A
Definitive proxy
11 Apr 24
424B3
Prospectus supplement
28 Mar 24
10-K
2023 FY
Annual report
27 Mar 24
424B3
Prospectus supplement
22 Mar 24
8-K
Other Events
22 Mar 24
424B3
Prospectus supplement
22 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 119.14 mm | 119.14 mm | 119.14 mm | 119.14 mm | 119.14 mm | 119.14 mm |
Cash burn (monthly) | (no burn) | (no burn) | 400.33 k | 4.12 mm | (no burn) | 10.78 mm |
Cash used (since last report) | n/a | n/a | 2.73 mm | 28.13 mm | n/a | 73.59 mm |
Cash remaining | n/a | n/a | 116.41 mm | 91.01 mm | n/a | 45.56 mm |
Runway (months of cash) | n/a | n/a | 290.8 | 22.1 | n/a | 4.2 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Nov 23 | Paul W Drury | Class I Common Shares | Buy | Acquire P | No | No | 33.55 | 1,490.31 | 50.00 k | 7,029.55 |
5 May 23 | Seneff James M JR | Class FA Common Shares | Sell | Dispose S | Yes | No | 0 | 302.85 | 0.00 | 220,096.15 |
5 May 23 | Safak Subasi | Class FA Common Shares | Buy | Acquire P | No | No | 0 | 302.85 | 0.00 | 601 |
4 May 23 | Paul W Drury | Class I Common Shares | Buy | Acquire P | No | No | 33.36 | 2,248.2 | 75.00 k | 5,398.54 |