Saratoga Investment is a publicly traded business development company (BDC) established in 2007 and based in New York that provides customized financing solutions for middle market companies located in the United States. The firm also makes capital investments in leveraged buyouts, recapitalizations, debt refinancings, growth financings, acquisition financings and transitional financings. Saratoga offersfirst and second lien loans, one-stop and unitranche structures, junior debt, subordinated debt, and equity co-investments. It seeks to invest in the education, business and consumer services, healthcare, tech-enabled services, software and light manufacturing sectors. Saratoga Investment is managed by Saratoga Investment Advisors, a New York-based investment management firm.