[Federal Register Volume 80, Number 120 (Tuesday, June 23, 2015)]
[Notices]
[Page 36031]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-15349]


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SMALL BUSINESS ADMINISTRATION

[License No. 03/03-0264]


Boathouse Capital II, L.P.; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Boathouse Capital II, L.P., 200 West 
Lancaster Avenue, Suite 206, Wayne, PA 19087, Federal Licensees under 
the Small Business Investment Act of 1958, as amended (``the Act''), in 
connection with the financing of a small concern, has sought an 
exemption under section 312 of the Act and section 107.730, Financings 
which Constitute Conflicts of Interest of the Small Business 
Administration (``SBA'') Rules and Regulations (13 CFR 107.730). 
Boathouse Capital II, L.P. provided financing to AvidXchange, Inc., 
4421 Stuart Andrew Boulevard, Suite 200, Charlotte, NC 28217. The 
financing was contemplated for the acquisition of Strongroom Solutions, 
Inc. and working capital purposes.
    The financing is brought within the purview of Sec.  107.730(a)(1) 
of the Regulations because Boathouse Capital, L.P., an Associate of 
Boathouse Capital II, L.P., has the potential to own more than ten 
percent of AvidXchange. Therefore, this transaction is considered a 
financing of an Associate requiring an exemption.
    Notice is hereby given that any interested person may submit 
written comments on the transaction within fifteen days of the date of 
this publication to the Acting Associate Administrator for Investment, 
U.S. Small Business Administration, 409 Third Street SW., Washington, 
DC 20416.

Javier Saade,
Associate Administrator, Office of Investment & Innovation.
[FR Doc. 2015-15349 Filed 6-22-15; 8:45 am]
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