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B+T Group Acquisition, Inc

Private Credit

Search this name across graphsid dfx:pc:c3303430-b0e0-9c42-ad89-8dbec4b057c6

Data as of Jun 30, 2026 (this record's last observation) from The BDC tape; Adviser-reported credit funds; Deal parties; Pending. Page built Sep 20, 2026, 8:26 AM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 20
On other graphs: 0
Observed: Mar 31, 2022 to Jun 30, 2026
12 observations

Right now

3 signals name this record (all private credit signals)

#1IntensifiedSignalPrivate creditCredit deterioration (intensified)

B+T Group Acquisition, Inc: lender marks fell to 46 cents across 2 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2023-12-31 quarter end, readable when the filing landed on 2024-02-06.

Exposure: $20.0M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.53x non accrual, 138d median

GLADSTONE CAPITAL CORP · lender GLADSTONE INVESTMENT CORPORATION\DE · lender

Credit Attention / portfolio monitorDec 31, 2023 · seen 3 days ago

#2NewSignalPrivate creditCredit deterioration

B+T Group Acquisition, Inc: lender marks fell to 82 cents across 2 BDC lenders

State NEW at the 2023-09-30 quarter end, readable when the filing landed on 2024-11-13.

Exposure: $20.0M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.38x non accrual, 139d median

GLADSTONE CAPITAL CORP · lender GLADSTONE INVESTMENT CORPORATION\DE · lender

Credit Attention / portfolio monitorSep 30, 2023 · seen 3 days ago

#3NewSignalPrivate creditCredit deterioration

B+T Group Acquisition, Inc: lender marks fell to 23 cents across 2 BDC lenders

State NEW at the 2024-09-30 quarter end, readable when the filing landed on 2025-11-17.

Exposure: $20.0M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.38x non accrual, 139d median

GLADSTONE CAPITAL CORP · lender GLADSTONE INVESTMENT CORPORATION\DE · lender

Credit Attention / portfolio monitorSep 30, 2024 · seen 3 days ago

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Lenders: 2
BDCs: 2
Facilities: 3
Principal, latest: $25.9Mpieces as filed; a lower bound
Fair value, latest: $10.7M
Mark ratio: 41%fair value over cost, latest
First on a schedule: Mar 31, 2022
Last on a schedule: Jun 30, 2026

Facilities

one facility is one borrower, one kind and one lien; its size is the sum of the BDC pieces the tape can see, a lower bound, never the commitment

Kind	Lien	Size, lower bound	Fair value	Maturity	Maturity basis	Spread	PIK	Lenders	BDCs	Status	Last seen
other	unknown	$25.9M	$10.7M	n/a	n/a	0	n/a	2	2	Unknown	Jun 30, 2026
preferred	equity	n/a	$0	n/a	n/a	n/a	n/a	2	2	Unknown	Jun 30, 2026
warrant	equity	n/a	$0	n/a	n/a	n/a	n/a	2	2	Unknown	Jun 30, 2026

Lenders holding it now

each BDC's own pieces on its latest schedule, folded to one row per lender; every amount is that BDC's piece as filed, so a sum is a lower bound; 12 rows folded into 2

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
GLADSTONE INVESTMENT CORPORATION\DE	7	$18.1M	$7.5M	$0	n/a	Jun 30, 2026
GLADSTONE CAPITAL CORP	5	$7.8M	$3.2M	$0	n/a	Jun 30, 2026

Relationships

No published relationship touches this entity yet.

Dated events

3 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Jun 30, 2026
Marked down by a BDC
GLADSTONE INVESTMENT CORPORATION\DE: fair value markdown in B+T Group Acquisition, Inc (65 to 41 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.411417539988969 usd
Occurred
Mar 31, 2026
Mark recovered
GLADSTONE INVESTMENT CORPORATION\DE: fair value recovery in B+T Group Acquisition, Inc (45 to 65 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.648317705460563 usd
Occurred
Jun 30, 2025
Marked down by a BDC
GLADSTONE INVESTMENT CORPORATION\DE: fair value markdown in B+T Group Acquisition, Inc (62 to 41 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.413237727523442 usd
Occurred
Mar 31, 2025
Mark recovered
GLADSTONE INVESTMENT CORPORATION\DE: fair value recovery in B+T Group Acquisition, Inc (38 to 62 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.619655746807329 usd
Occurred
Sep 30, 2024
Marked down by a BDC
GLADSTONE INVESTMENT CORPORATION\DE: fair value markdown in B+T Group Acquisition, Inc (52 to 36 cents on cost)
BDC schedule of investmentsobserved 1.9 years ago
0.356473952784164 usd
Occurred
Sep 30, 2024
Marked down by a BDC
GLADSTONE CAPITAL CORP: fair value markdown in B+T Group Acquisition, Inc (52 to 36 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.356535391861834 usd
Occurred
Jun 30, 2024
Spread decreased
GLADSTONE CAPITAL CORP: spread decreased in B+T Group Acquisition, Inc (7.30% to 2.00%)
BDC schedule of investmentsobserved 2.1 years ago
0.02 usd
Occurred
Jun 30, 2024
Marked down by a BDC
GLADSTONE INVESTMENT CORPORATION\DE: fair value markdown in B+T Group Acquisition, Inc (58 to 52 cents on cost)
BDC schedule of investmentsobserved 2.1 years ago
0.515729265967588 usd
Occurred
Mar 31, 2024
Spread increased
GLADSTONE CAPITAL CORP: spread increased in B+T Group Acquisition, Inc (2.00% to 7.30%)
BDC schedule of investmentsobserved 2.4 years ago
0.073 usd
Occurred
Mar 31, 2024
Mark recovered
GLADSTONE INVESTMENT CORPORATION\DE: fair value recovery in B+T Group Acquisition, Inc (53 to 58 cents on cost)
BDC schedule of investmentsobserved 1.4 years ago
0.580418908531899 usd
Occurred
Dec 31, 2023
Marked down by a BDC
GLADSTONE INVESTMENT CORPORATION\DE: fair value markdown in B+T Group Acquisition, Inc (82 to 53 cents on cost)
BDC schedule of investmentsobserved 2.6 years ago
0.528630952380952 usd
Occurred
Dec 31, 2023
Marked down by a BDC
GLADSTONE CAPITAL CORP: fair value markdown in B+T Group Acquisition, Inc (82 to 53 cents on cost)
BDC schedule of investmentsobserved 2.6 years ago
0.528611111111111 usd
Occurred
Sep 30, 2023
Spread decreased
GLADSTONE INVESTMENT CORPORATION\DE: spread decreased in B+T Group Acquisition, Inc (11.00% to 2.00%)
BDC schedule of investmentsobserved 2.9 years ago
0.02 usd
Occurred
Sep 30, 2023
Marked down by a BDC
GLADSTONE INVESTMENT CORPORATION\DE: fair value markdown in B+T Group Acquisition, Inc (100 to 82 cents on cost)
BDC schedule of investmentsobserved 2.9 years ago
0.815 usd
Occurred
Sep 30, 2023
Spread decreased
GLADSTONE CAPITAL CORP: spread decreased in B+T Group Acquisition, Inc (11.00% to 2.00%)
BDC schedule of investmentsobserved 1.9 years ago
0.02 usd
Occurred
Mar 31, 2023
Marked down by a BDC
GLADSTONE CAPITAL CORP: fair value markdown in B+T Group Acquisition, Inc (92 to 87 cents on cost)
BDC schedule of investmentsobserved 3.4 years ago
0.87 usd
Occurred
Mar 31, 2022
Borrower first appears on a BDC schedule
B+T Group Acquisition, Inc first appears in a BDC schedule (1 lender)
GLADSTONE INVESTMENT CORPORATION\DEBDC schedule of investmentsobserved 3.6 years ago
$16.8M

Show 3 bookkeeping events

Occurred
Jun 30, 2024
GLADSTONE INVESTMENT CORPORATION\DE: principal decreased in B+T Group Acquisition, Inc ($17.8M principal)
Occurred
Mar 31, 2024
GLADSTONE INVESTMENT CORPORATION\DE: principal increased in B+T Group Acquisition, Inc ($20.8M principal)
Occurred
Mar 31, 2024
GLADSTONE CAPITAL CORP: principal increased in B+T Group Acquisition, Inc ($7.6M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:c3303430-b0e0-9c42-ad89-8dbec4b057c6
First observed: Mar 31, 2022
Last observed: Jun 30, 2026 2 months ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

B+T Group Acquisition, Inc

Private Credit

Search this name across graphsid dfx:pc:c3303430-b0e0-9c42-ad89-8dbec4b057c6

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

other

unknown

$25.9M

$10.7M

n/a

Unknown

Jun 30, 2026

preferred

equity

n/a

Unknown

Jun 30, 2026

warrant

equity

n/a

Unknown

Jun 30, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

GLADSTONE INVESTMENT CORPORATION\DE

$18.1M

$7.5M

n/a

Jun 30, 2026

GLADSTONE CAPITAL CORP

$7.8M

$3.2M

n/a

Jun 30, 2026