Which Black Diamond Capital Management portfolio companies have been sold or exited since 2018?

1. The single corroborated post‑2018 exit: Prosperity Life Group (Jan 2019)

PitchBook’s profile of Black Diamond Capital Partners — a related but distinct Black Diamond entity — lists Prosperity Life Group as an exit dated 04‑Jan‑2019, making it the only explicit exit after 2018 found in the provided reporting ^[1]. The PitchBook snippet explicitly calls this the firm’s “latest exit” in that dataset and dates it in early 2019, which directly answers the narrow question when limited to the accessible excerpts ^[1].

2. Conflicting timelines in public databases: FXI/Foamex and gaps thereafter

Mergr’s summary of Black Diamond Capital Management lists FXI/Foamex Innovations as a most‑recent exit dated 2017, which conflicts with PitchBook’s 2019 exit record and demonstrates how different data vendors can disagree depending on which legal entity, fund vintage, or dataset they track ^[2]. Tracxn and other portfolio snapshots in the sources emphasize acquisitions and current holdings rather than post‑2018 disposals, leaving a gap in confirmable exits in the supplied reporting ^{[3] [4]}.

3. Acquisition activity vs. exits — databases skew visibility

Several of the supplied sources (Tracxn, the firm’s website, Crunchbase summaries) document Black Diamond’s acquisitions and portfolio activity — for instance Tracxn noting recent acquisitions such as Sonoco Protective Solutions in 2024 — but these sources do not provide a matched, transparent list of divestments after 2018 within the supplied snippets ^{[4] [3] [5]}. That pattern matters: private equity firms’ purchases are often publicized, while exits can be recorded under different sponsor names, via secondary buyers, or in paywalled M&A databases, producing asymmetric public traces ^{[4] [3]}.

4. Naming and entity fragmentation complicate any tally

The supplied documents reference multiple related names — “Black Diamond Capital Management,” “Black Diamond Capital Partners,” and even “Black Diamond Ventures” — and different data providers may attribute exits to one legal vehicle versus another ^{[1] [6]}. PitchBook’s exit for Prosperity Life Group is tied to “Black Diamond Capital Partners,” a firm profile distinct from the broader Black Diamond family profiles captured in other sources, which helps explain discrepancies between providers ^[1].

5. Data limitations, paywalls and recommended next steps

The reporting supplied is fragmented: some sources are summaries or require full platform access (PitchBook, Mergr, Tracxn) and others are corporate snapshots (firm website, SEC adviser summary) that emphasize people and strategy rather than a forensic exits ledger ^{[7] [8] [4]}. Given those limits, the only exit explicitly documented in the supplied material since 2018 is Prosperity Life Group in January 2019 ^[1]; assertions beyond that would require querying full PitchBook/Mergr/Tracxn records, SEC filings for fund wind‑downs or 13‑F/13D disclosures where relevant, or press releases announcing specific portfolio company sales not included in the snippets ^{[1] [2] [3]}.

6. Alternative interpretations and disclosure

An alternative reading is that Black Diamond’s more recent public footprints are acquisition‑heavy (notably acquisitions reported in 2024/2025 summaries) so exits might simply not have been captured in the excerpted records supplied here, or were executed by separate legal vehicles whose exits are logged under different names ^{[4] [3]}. The supplied sources do not permit a comprehensive, definitive list of all portfolio company exits by Black Diamond Capital Management since 2018; they only allow identification of the one PitchBook‑reported exit ^[1] and flag disagreements in vendor datasets ^[2].