Garrison Capital Inc. announced the pricing of the initial public offering of 5,333,334 shares of its common stock at a public offering price of $15.00 per share, raising approximately $80 million in gross proceeds. In addition, the company has granted the underwriters a 30-day option to purchase up to an additional 800,000 shares of common stock to cover over-allotments, if any. The company’s common stock is expected to begin trading on The NASDAQ Global Select Market under the symbol “GARS” on March 27, 2013.

The NASDAQ Global Select Market under the symbol “GARS” on March 27, 2013. Robert W. Baird & Co., Incorporated and Oppenheimer & Co. Inc. are serving as joint book-running managers. William Blair & Company, L.L.C., Janney Montgomery Scott LLC, Stephens Inc. and Wunderlich Securities, Inc. are serving as co-lead managers. J.J.B. Hilliard, W.L. Lyons, LLC, Ladenburg Thalmann & Co. Inc., National Securities Corporation, Capital One Southcoast, Inc. and Natixis Securities Americas LLC are serving as co-managers. The shares are expected to be delivered to investors on April 2, 2013.

The company plans to invest the net proceeds of the offering in accordance with its investment objective, which is to generate attractive risk-adjusted returns by making investments primarily in debt securities and loans of U.S. based middle-market companies, and for general corporate purposes.

Garrison Capital Inc. is a business development company that primarily invests in loans to U.S. based middle-market companies. The company’s investment activities are managed by its investment adviser, Garrison Capital Advisers LLC, an affiliate of Garrison Investment Group.

Garrison Investment Group is an alternative investment and asset management firm founded in March 2007 by Steven Stuart and Joseph Tansey. As of December 31, 2012, Garrison Investment Group had approximately $3.1 billion of committed and invested capital under management and a team of 62 employees, including 36 investment professionals. Garrison Investment Group invests opportunistically in the debt of middle-market companies, primarily in the areas of corporate finance, real estate finance and structured finance.