---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-001580"
form_type: "8-K"
ticker: "FRBP"
cik: "0001825248"
company_name: "Franklin BSP Capital Corp"
filed_at: "2022-01-05T23:59:59+00:00"
generated_at: "2026-06-27T20:42:22.674610+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FBLC and FBCC acquire Encina Equipment Finance; management retains minority stake

## Summary
- FBLC and FBCC, BDCs advised by Benefit Street Partners, acquired substantially all equity interests of Encina Equipment Finance.
- EEF provides secured leases and loans of $5M-$50M to middle-market companies; has funded over $1B cumulatively since 2017.
- EEF CEO Rick Matte continues to lead; management team retains a minority ownership interest.
- The acquisition provides a permanent capital base to support EEF's expansion in US and Canada.

## SEC filing metadata
- accession: 0001104659-22-001580
- form_type: 8-K
- ticker: FRBP
- cik: 0001825248
- company_name: Franklin BSP Capital Corp
- filed_at: 2022-01-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825248/000110465922001580/0001104659-22-001580-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825248/000110465922001580/tm221819d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-001580
- JSON: https://secwatch.observer/filing/0001104659-22-001580.json
- Plain text: https://secwatch.observer/filing/0001104659-22-001580.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.