Established in 2007, PennantPark Investment Corporation is a business development company that offers a range of capital solutions for privately held companies. It works to generate current income and capital appreciation through debt and equity investments. The company invests in middle-market private companies through mezzanine debts and senior secured loans. PennantPark Investment Corporation serves the direct marketing, educational, electronic, chemical, consumer finance, equipment rental, real estate, grocery, health care, infrastructure, leisure, manufacturing, media, retail, transportation, and oil and gas industries. Its client portfolio includes Advanstar, Affinion Group Holdings, Consolidated Foundries, CT Technologies Intermediate Holdings, Learning Care Group, Questex Media Group, Sheridan Holdings, and Brand Energy & Infrastructure Services. PennantPark Investment Corporation also provides assistance with operations monitoring, and organizational and financial guidance for various companies. It works in collaboration with financial sponsors and management consultants.