Capital Southwest Corporation Announces the Promotion of Grant Eason to Managing Director

Rhea-AI Summary

Capital Southwest (Nasdaq: CSWC) announced the promotion of Grant Eason to Managing Director, effective Dec. 9, 2025. Grant has been with the company since 2019 and has nearly seven years at Capital Southwest and 15 years total deal experience, including more than 12 years in credit underwriting.

Management said Eason has a proven track record in sourcing and underwriting middle‑market investments and will contribute to the firm’s investment team focused on lower middle market companies backed by private equity. His prior roles include vice president at Stonehenge Capital and work in investment banking at Stephens. Education: BBA in Finance from Texas Christian University and an MBA from the University of Texas.

Key Figures

Tenure at CSWC almost 7 years Grant Eason experience at Capital Southwest

Total experience 15 years Mr. Eason’s professional experience

Credit underwriting experience more than 12 years Years focused on credit underwriting in middle market

Join year at CSWC 2019 Year Mr. Eason joined Capital Southwest

Market Reality Check

$22.40 Last Close

Volume Volume 505,724 is 0.87x the 20-day average of 581,608, suggesting no unusual trading ahead of the promotion news. normal

Technical Shares at $22.09 are trading above the 200-day MA of $21.60 and about 7.42% below the 52-week high of $23.86.

Peers on Argus

CSWC was up 0.96% while peers showed mixed moves: GSBD +0.20%, OCSL +0.15%, NFJ -0.23%, CET -0.74%, PX -1.51%. This points to a stock-specific rather than broad sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 19	Dividend declaration	Positive	-0.1%	Announced total quarterly dividends of $0.64 per share for Q1 2026.
Nov 03	Earnings release	Positive	-2.3%	Reported $1.9B portfolio and $34.0M pre-tax NII with NAV at $16.62.
Oct 15	Preliminary results	Neutral	-0.1%	Provided preliminary NII and NAV ranges plus non-accrual levels for Q2 2026.
Sep 09	Debt offering	Neutral	-0.9%	Priced $350M of 5.950% notes due 2030 to refinance existing notes and facilities.
Aug 27	Dividend declaration	Positive	+0.9%	Declared Q4 2025 dividends totaling $0.64 per share with DRIP available.

Pattern Detected

Recent news (dividends, earnings, debt offering) has produced relatively small, sometimes negative price reactions, even when updates appear shareholder-friendly.

Recent Company History

Over the last few months, Capital Southwest has focused on income distributions and balance-sheet management. It declared total quarterly dividends of $0.64 per share for both Q4 2025 and the quarter ending March 31, 2026, combining $0.58 in regular payouts with a $0.06 supplemental each time. The company reported a $1.9B investment portfolio and pre-tax NII of $34.0M ($0.61 per share) with NAV at $16.62. It also priced $350M of 5.950% notes due 2030 to refinance higher-cost debt. Against this backdrop, today’s management promotion reflects ongoing organizational depth rather than a financial inflection.

Market Pulse Summary

This announcement highlights an internal leadership promotion, signaling continuity in Capital Southwest’s investment approach. Mr. Eason brings 15 years of experience, including over 12 years in credit underwriting, reinforcing capabilities in the middle-market lending focus. Investors may contextualize this within recent developments such as regular and supplemental dividends of $0.64 per quarter and a $1.9B portfolio, while monitoring future earnings, credit performance, and capital allocation decisions.

Key Terms

business development company financial

"an internally managed business development company focused on providing flexible"

A business development company is a publicly traded investment vehicle that lends to and buys stakes in smaller or privately held companies, acting like a combination of a lender, investor, and business partner. It matters to investors because BDCs offer the potential for higher regular income through dividends and diversified exposure to growing businesses, but they can also carry greater credit and liquidity risk than typical stocks or bonds—think higher-yielding but riskier income instruments.

credit underwriting financial

"more than 12 years in credit underwriting with a focus on providing capital"

The process lenders use to evaluate a borrower’s ability and willingness to repay a loan, including checking income, credit history, assets, and the loan’s terms. Think of it like an inspection before a big purchase: thorough underwriting helps set appropriate interest rates, collateral requirements, and loan limits to balance return and risk. Investors watch underwriting quality because loose standards raise default risk and can hurt a lender’s profits and asset value.

AI-generated analysis. Not financial advice.

DALLAS, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest,” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses is pleased to announce the promotion of Grant Eason to Managing Director.

“I am pleased to announce the promotion of Grant Eason to Managing Director,” stated Josh Weinstein, Chief Investment Officer of Capital Southwest. “Grant has been with Capital Southwest for almost seven years and has demonstrated a proven track record of sourcing and underwriting quality investment opportunities. Grant has the right combination of technical skills and leadership to make significant contributions to our investment team as we continue to work with lower middle market companies backed by proven private equity firms. I am confident Grant will continue to contribute to the success of our company.”

Mr. Eason is a seasoned deal professional with 15 years of experience, including more than 12 years in credit underwriting with a focus on providing capital to various industries in the middle market. Prior to joining Capital Southwest in 2019, Mr. Eason served as Vice President for Stonehenge Capital. Prior to Stonehenge Capital, Mr. Eason spent time in the investment banking group at Stephens. Mr. Eason received a Bachelor of Business Administration degree in Finance from Texas Christian University and received a Master of Business Administration from the University of Texas.

About Capital Southwest

Capital Southwest Corporation (Nasdaq: CSWC) is a Dallas, Texas-based, internally managed business development company with approximately $1.9 billion in investments at fair value as of September 30, 2025. Capital Southwest is a middle market lending firm focused on supporting the acquisition and growth of middle market businesses with $5 million to $50 million investments across the capital structure, including first lien, second lien and non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be creative in its financing solutions and to invest to support the growth of its portfolio companies over long periods of time.

Forward-Looking Statements

This press release contains historical information and certain forward-looking statements with respect to the business and investments of the Company, including, but not limited to, the statements about the Company’s future performance and financial performance. Forward-looking statements are statements that are not historical statements and can often be identified by words such as "will," "believe," "expect" and similar expressions and variations or negatives of these words. These statements are based on management's current expectations, assumptions and beliefs. They are not guarantees of future results and are subject to numerous risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. These risks include risks related to: changes in the markets in which the Company invests; changes in the financial, capital, and lending markets; changes in the interest rate environment and its impact on the Company’s business and its portfolio companies; regulatory changes; tax treatment; the uncertainty associated with the imposition of tariffs and trade barriers and changes in trade policy and its impact on the Company’s portfolio companies and the Company’s financial condition; an economic downturn and its impact on the ability of the Company’s portfolio companies to operate and the investment opportunities available to the Company; the impact of supply chain constraints on the Company’s portfolio companies; and the elevated levels of inflation and its impact on the Company’s portfolio companies and the industries in which it invests.

Readers should not place undue reliance on any forward-looking statements and are encouraged to review Capital Southwest's Annual Report on Form 10-K for the year ended March 31, 2025 and any subsequent filings with the SEC, including the "Risk Factors" sections therein, for a more complete discussion of the risks and other factors that could affect any forward-looking statements. Except as required by the federal securities laws, Capital Southwest does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changing circumstances or any other reason after the date of this press release.

Investor Relations Contact:

Michael S. Sarner, President and Chief Executive Officer
214-884-3829

FAQ

What did Capital Southwest announce about Grant Eason on Dec 9, 2025?

Capital Southwest announced the promotion of Grant Eason to Managing Director effective Dec. 9, 2025.

How long has Grant Eason worked at Capital Southwest (CSWC)?

Grant Eason has been with Capital Southwest since 2019, nearly seven years at the company.

What experience does Grant Eason bring to his Managing Director role at CSWC?

He has 15 years of deal experience, including over 12 years in credit underwriting, plus prior roles at Stonehenge Capital and Stephens.

How might Grant Eason’s promotion affect Capital Southwest’s investment team?

The company expects Eason’s combination of technical skills and leadership to support sourcing and underwriting for lower middle market investments backed by private equity.

What are Grant Eason’s academic credentials listed in the announcement for CSWC?

He holds a BBA in Finance from Texas Christian University and an MBA from the University of Texas.