DFX Intelligence
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Borrower
M••••••••• I••
Also written as: Inc.Industry; M••••••••• Group Holdings, LLC; M••••••••• Parent, Inc; NeoGov
Principal held
at least $10.5M
sum of BDC pieces, a lower bound
Fair value
$5.3M
86c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
1
3 equity pieces beside them
Next maturity
Oct 23, 2028
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
6
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $10.5M | 86c | PIK 3.00% | Oct 23, 2028 | 2 |
Equity pieces beside the debt: preferred equity ($0 fair value, 2 BDCs), other (n/a fair value, 2 BDCs), equity ($0 fair value, 2 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••••• S•••• B••• I••• | equity equity C••••• S•••• I••••••• H••••• C••• T••••••••• I•••••• A••••••••• D••• 04/21/23 | n/a | $0 | |
| G•••••• S•••• B••• I••• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• H••••• C••• T••••••••• R•••••••• R••• and S••••• 3.0 | $240,000 | $121,000 85c | PIK 3.00% |
| G•••••• S•••• B••• I••• | preferred equity equity P•••••••• S•••• I••••••• H••••• C••• T••••••••• I•••••• A••••••••• D••• 10/09/20 | n/a | $0 | |
| G•••••• S•••• B••• I••• | unstated lien unstated | n/a | n/a | |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | preferred equity equity P•••••••• S•••• I••••••• H••••• C••• T••••••••• I•••••• A••••••••• D••• 10/09/2020 | n/a | n/a | |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | unstated lien unstated | n/a | n/a | |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | equity equity C••••• S•••• I••••••• H••••• C••• T••••••••• I•••••• A••••••••• D••• 04/21/2023 | n/a | n/a | |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• H••••• C••• T••••••••• R•••••••• R••• and S••••• 3.0 | $10.3M | $5.2M 86c | PIK 3.00% |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2026 | 2 | $10.5M | $5.3M | 86c | 2 |
| Mar 31, 2026 | 2 | $10.4M | $5.8M | 94c | 2 |
| Dec 31, 2025 | 2 | $10.4M | $6.9M | 112c | 2 |
| Sep 30, 2025 | 2 | $10.3M | $6.8M | 110c | 2 |
| Jun 30, 2025 | 2 | $10.2M | $6.9M | 112c | 2 |
| Mar 31, 2025 | 2 | $10.1M | $7.0M | 112c | 2 |
| Dec 31, 2024 | 2 | $19.7M | $13.5M | 110c | 3 |
| Sep 30, 2024 | 2 | $10.0M | $6.8M | 110c | 2 |
| Jun 30, 2024 | 2 | $9.6M | $6.5M | 105c | 2 |
| Mar 31, 2024 | 2 | $9.6M | $6.5M | 104c | 2 |
| Dec 31, 2023 | 2 | $19.1M | $12.8M | 103c | 4 |
| Sep 30, 2023 | 2 | $9.6M | $6.2M | 100c | 2 |
| Jun 30, 2023 | 2 | $9.6M | $0 | n/a | 1 |
| Mar 31, 2023 | 2 | $1.1M | $0 | n/a | 2 |
| Dec 31, 2022 | 2 | $44.8M | $35.4M | 83c | 2 |
What changed
- Marked down across lendersJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down across lendersMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Spread changed (observed)Jun 30, 2023
- PIK interest increasedJun 30, 2023
- PIK interest increasedJun 30, 2023
- New borrower on a BDC scheduleDec 31, 2022
Sponsor
- J•• P••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedjllpartners.com"••• Locked"
- S••••• P•••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedsavantgrowth.com"••• Locked"
Identity
- Group key
- MEDEANALYTICSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 3 across 2 BDCsderived
- Industry
- Health Care Technology Initialreportedas one filer wrote it