StocksMedium•27 October 2026•
1 min read
Prospect Capital to Exit RGIS Services Investment with 13.6% IRR
Key Facts
1Prospect Capital announced the signing of a definitive agreement for the exit of its investment in RGIS Services, LLC.
2The company expects to receive proceeds of approximately $22 million with a realized cash-on-cash IRR of 13.6%.
Prospect Capital announced the signing of a definitive agreement for the exit of its investment in RGIS Services, LLC. GlobeNewswire reported that the company expects to receive proceeds of approximately $22 million from the transaction, achieving a realized cash-on-cash internal rate of return of 13.6%.
The exit aligns with Prospect Capital's strategy to realize gains from its middle-market business investments, reaching a 1.6x multiple of invested capital. Shares of PSEC closed at $1.49 on October 26, 2026, ahead of the transaction's expected closing in November 2026.