DFX Intelligence
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Borrower
T•• A••••••• G••••• L••
Specialized Consumer Servicesgroup grade Aon a schedule nowsponsor not established · possible relationship
Also written as: AMCP Mechanical Holdings, LP
What matters now
- 100¢ → 100¢consensus mark
Consensus mark 100¢ on cost, up from 100¢ a year ago, 98¢ last quarter.
Q2 2026 · The lenders' own valuations moved back up.
Derived2 of 2 lenders' own marks, weighted by principal - $32Mprincipal outstanding
$32M principal held by 2 lenders; matures Dec 2027.
Q2 2026 · Refinancing is due in 14 months at a 100¢ mark.
FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
Mark path, consensus per quarter end
100¢ · 99¢ · 99¢ · 98¢ · 100¢Q2 2025 to Q2 2026
Where each lender marks it, 3 points apart
97¢100¢
Principal held
at least $32.0M
sum of BDC pieces, a lower bound
Fair value
$42.3M
100c on cost, debt pieces
Unfunded
$1.3M
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
3
3 equity pieces beside them
Next maturity
Dec 1, 2027
$32.0M inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
22
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| A••• C•••••• C••• | $31.9M | 100¢ | +2 pts |
| S•••••••• P•••••• C••••• F••• L•• | $113K | 97¢ | 0 pts |
Every BDC piece · 13 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••• C•••••• C••• | revolver first lien F•••• lien senior secured revolving loan | $12.9M | $12.9M 100c | S+800 bp |
| A••• C•••••• C••• | term loan first lien F•••• lien senior secured loan 2 | $11.3M | $11.3M 100c | S+800 bp |
| A••• C•••••• C••• | term loan first lien F•••• lien senior secured loan 4 | $5.6M | $5.6M 100c | S+800 bp PIK 4.50% |
| A••• C•••••• C••• | term loan first lien F•••• lien senior secured loan 3 | $1.7M | $1.7M 100c | S+800 bp PIK 4.50% |
| A••• C•••••• C••• | term loan first lien F•••• lien senior secured loan 5 | $200,000 | $200,000 100c | S+800 bp PIK 4.50% |
View all 13 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••• C•••••• C••• | term loan first lien F•••• lien senior secured loan 1 | $200,000 | $200,000 100c | S+800 bp PIK 4.50% |
| S•••••••• P•••••• C••••• F••• L•• | term loan first lien T••• L••• | N••• D••• Inv. | F•••• L••• S••••• S•••••• L••• | 11.64% / 4.50% | 12/22/2027 | $52,000 | $50,000 96c | SOFR+800 bp PIK 4.50% |
| S•••••••• P•••••• C••••• F••• L•• | delayed draw term loan first lien D•••••• D••• T••• L••• D | N••• D••• Inv. | F•••• L••• S••••• S•••••• L••• | 11.64%/4.50% | $49,000 | $47,000 98c | SOFR+800 bp |
| S•••••••• P•••••• C••••• F••• L•• | delayed draw term loan first lien D•••••• D••• T••• L••• | N••• D••• Inv. | F•••• L••• S••••• S•••••• L••• | 11.62% / 4.50% | $12,000 | $12,000 100c | SOFR+800 bp PIK 4.50% |
| A••• C•••••• C••• | equity equity C•••• A units | Not disclosed | $9.7M 114c | |
| A••• C•••••• C••• | unstated lien unstated | Not disclosed | Not disclosed | |
| A••• C•••••• C••• | equity equity C•••• C units | Not disclosed | $0 | |
| A••• C•••••• C••• | preferred equity equity P•••••••• units | Not disclosed | $600,000 120c |
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 $19.1M | 100c | SOFR+800 bp PIK 4.50% | Dec 22, 2027 | 2 |
| first lien revolver first lien | at least $12.9M | 100c | S+800 bp | Dec 1, 2027 | 1 |
| first lien delayed draw term loan first lien | at least $61,000 | n/a | SOFR+800 bp PIK 4.50% | Dec 22, 2027 | 1 |
Equity pieces beside the debt: other (Not disclosed fair value, 1 BDC), equity ($9.7M fair value, 1 BDC), preferred equity ($600,000 fair value, 1 BDC)
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 | $32.0M | $32.0M | 100c | 6 |
| Mar 31, 2026 | 2 | $31.8M | $31.3M | 98c | 9 |
| Dec 31, 2025 | 2 | $31.5M | $31.2M | 99c | 12 |
| Sep 30, 2025 | 2 | $30.7M | $30.3M | 99c | 9 |
All 17 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 2 | $27.2M | $27.0M | 100c | 9 |
| Mar 31, 2025 | 2 | $22.2M | $22.2M | 100c | 9 |
| Dec 31, 2024 | 2 | $17.0M | $17.0M | 100c | 12 |
| Sep 30, 2024 | 2 | $17.2M | $17.2M | 100c | 7 |
| Jun 30, 2024 | 2 | $17.6M | $17.6M | 100c | 0 |
| Mar 31, 2024 | 2 | $15.9M | $15.9M | 100c | 0 |
| Dec 31, 2023 | 2 | $19.3M | $19.3M | 100c | 0 |
| Sep 30, 2023 | 1 | $10.8M | $10.8M | 100c | 0 |
| Jun 30, 2023 | 1 | $14.8M | $14.4M | 97c | 0 |
| Mar 31, 2023 | 1 | $7.8M | $7.8M | 100c | 0 |
| Dec 31, 2022 | 1 | $20.9M | $20.7M | 99c | 0 |
| Sep 30, 2022 | 1 | $50.4M | $50.0M | 99c | 0 |
| Dec 31, 2021 | 1 | $49.2M | $48.7M | 99c | 0 |
What changed
- Maturity approachingDec 22, 2027
- Maturity approachingDec 22, 2027
- Maturity approachingDec 22, 2027
- Maturity approachingDec 22, 2027
- Maturity approachingDec 1, 2027
Full timeline · 30 eventsShow fewer
- Maturity approachingDec 1, 2027
- PIK interest increasedSep 30, 2025
- PIK interest increasedSep 30, 2025
- Spread changed (observed)Jun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Spread increasedJun 30, 2025
- Spread increasedJun 30, 2025
- PIK interest appearsMar 31, 2025
- Spread changed (observed)Dec 31, 2024
- Spread increasedDec 31, 2024
- Spread increasedDec 31, 2024
- Maturity shortened (observed)Dec 31, 2024
- Maturity shortened (observed)Dec 31, 2024
- Maturity extended (observed)Sep 30, 2024
- Spread changed (observed)Sep 30, 2024
- PIK interest appearsSep 30, 2024
- PIK interest appearsSep 30, 2024
- Spread changed (observed)Sep 30, 2024
- New lender joined a facilitySep 30, 2024
- PIK interest appearsSep 30, 2024
- Maturity extended (observed)Sep 30, 2024
- Spread changed (observed)Sep 30, 2024
- Spread increasedSep 30, 2024
- Spread increasedSep 30, 2024
- Spread increasedSep 30, 2024
Sponsor
Possible relationship, not established: B••••••• P••••••• M••••••••• L••, because a company of this name is on the sponsor's portfolio page (confidence 0.55). No deal announcement or filing names it as a party, so it is not shown as this borrower’s sponsor.
- B••••••• P••••••• M••••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedbackcastpartners.com"••• Locked"
Identity
- Group key
- ARCTICOMderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- Specialized Consumer Servicesreportedas one filer wrote it