DFX Intelligence
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Borrower
G•••••• C•••• S••••••• H••••••• I• L••
Also written as: Emerald JV LP; G•••••• C•••• S••••••• H••••••• I•I LLC; G•••••• C•••• Services, Inc; LLC Asset Type; Services; Software; Software/Services; Verdelite JV LP
Principal held
at least $16.7M
sum of BDC pieces, a lower bound
Fair value
$16.0M
97c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
12
8 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Dec 31, 2027
$1.6M inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
2
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 $13.9M | 96c | SOFR+250 bp | Jan 30, 2032 | 9 |
| other lien unstated | at least $2.8M | 98c | S+250 bp | Jan 30, 2032 | 4 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A•••••• P•••••• C••••• F••• | term loan first lien Asset Type First Lien Term Loan Reference Rate and Spread S + 2.50% Interest Rate 6.16% Ma | $3.1M | $3.0M 96c | SOFR+250 bp |
| A•••••• S•••••••• C••••• F••• | term loan first lien Asset Type First Lien Term Loan Reference Rate and Spread S + 2.50% Interest Rate 6.16% Ma | $6.1M | $5.8M 96c | SOFR+250 bp |
| A•••••• S•••••••• C••••• F••• I• L•• | term loan first lien Asset Type First Lien Term Loan Reference Rate and Spread S + 2.50% Interest Rate 6.16% Ma | $496,000 | $476,000 97c | SOFR+250 bp |
| B•••••• P•••••• C••••• C••• | term loan first lien First Lien Senior Secured Term Loan | $1.5M | $1.4M 96c | S+250 bp |
| B•••••••• P•••••• C••••• F••• | term loan first lien Instrument First Lien Term Loan Ref SOFR(M) Spread 2.50% Total Coupon 6.14% Maturity 1/23/ | $599,029 | $575,152 96c | SOFR+250 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated Non-Affiliated Issuer | $2.8M | $2.7M 98c | S+250 bp |
| C••••••• P•••••• C••••• I••••• C••• | term loan first lien Investment Type Senior Secured First Lien Term Loan Interest Term S + 250 Interest Rate 6. | $1.6M | $1.5M 97c | SOFR+250 bp |
| S••••• C•••• C•••••• C••• | term loan first lien First Lien - Term Loan | $580,000 | $557,000 96c | 2.50% |
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 | 8 | $16.7M | $16.0M | 97c | 0 |
| Mar 31, 2026 | 8 | $49.9M | $47.8M | 97c | 0 |
| Dec 31, 2025 | 8 | $54.6M | $54.6M | 101c | 0 |
| Sep 30, 2025 | 4 | $43.7M | $43.5M | 100c | 0 |
| Jun 30, 2025 | 5 | $63.8M | $63.8M | 101c | 0 |
| Mar 31, 2025 | 4 | $62.4M | $61.8M | 99c | 0 |
| Dec 31, 2024 | 4 | $78.6M | $79.3M | 101c | 0 |
| Sep 30, 2024 | 4 | $50.7M | $50.8M | 100c | 0 |
| Jun 30, 2024 | 5 | $35.6M | $35.8M | 101c | 0 |
| Mar 31, 2024 | 3 | $35.0M | $35.1M | 101c | 0 |
| Dec 31, 2023 | 1 | $7.0M | $7.1M | 100c | 0 |
| Sep 30, 2023 | 1 | $11.1M | $11.1M | 100c | 0 |
| Jun 30, 2023 | 1 | $5.5M | $5.5M | 100c | 0 |
| Dec 31, 2022 | 1 | $800,000 | $766,600 | 98c | 0 |
What changed
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- Lender left a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- Maturity extended (observed)Mar 31, 2025
- New lender joined a facilityMar 31, 2025
- New lender joined a facilityMar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Spread changed (observed)Dec 31, 2024
- Lender left a facilityDec 31, 2024
- Lender left a facilityDec 31, 2024
- New lender joined a facilityJun 30, 2024
- Lender left a facilityJun 30, 2024
- New lender joined a facilityMar 31, 2024
- New lender joined a facilityMar 31, 2024
- Lender left a facilityDec 31, 2022
Sponsor
- H•••••• • F••••••• L••
- Form D signer consensus, grade Aestimated"••• Locked"
Identity
- Group key
- GENESYS CLOUD SERVICESderivedthe codename stem after legal suffixes and deal words
- Spellings
- 3 across 12 BDCsderived
- Industry
- Softwarereportedas one filer wrote it