BLACK DIAMOND CAPITAL MANAGEMENT Boosts KVH Industries Stake to 10.71%

Thursday, Aug 28, 2025 10:10 pm ET1min read

BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C. has increased its stake in KVH Industries Inc. by 13,637 shares, a 0.40% change in its position. The firm has a diversified portfolio with a focus on financial services and consumer cyclical sectors. KVH Industries Inc. provides integrated services, software, and hardware for internet and communication needs. The company operates internationally and has a market capitalization of $111.957 million. Despite a strong balance sheet rank, KVH Industries Inc. faces challenges with a low profitability rank and growth rank. The stock has shown a 6.49% gain since the transaction, with a year-to-date change of 2.5%.

Black Diamond Capital Management, L.L.C. has significantly increased its stake in KVH Industries Inc. (KVHI) by acquiring 13,637 shares, representing a 0.40% increase in its position. The transaction, reported on August 21, 2025, was part of a restricted stock grant for Mr. Stephen H. Deckoff, a director of KVHI, issued under the terms of KVHI's 2016 Amended and Restated Equity & Incentive Plan. The shares, held of record by Mr. Deckoff for the benefit of Black Diamond Capital Management, L.L.C. (BDCM CT, L.L.C.), will vest in four installments between November 21, 2025, and August 21, 2026, provided Mr. Deckoff remains a board member [1].

KVHI, with a market capitalization of $111.957 million, provides integrated services, software, and hardware for internet and communication needs, operating internationally. Despite a strong balance sheet rank, the company faces challenges with a low profitability and growth rank. The stock has shown a 6.49% gain since the transaction, with a year-to-date change of 2.5%.

The acquisition by Black Diamond Capital Management, L.L.C., a diversified portfolio firm focusing on financial services and consumer cyclical sectors, adds to KVHI's existing shareholder base. This strategic move aligns with Black Diamond's investment strategy, which includes leveraging its expertise in financial services and consumer cyclical sectors.

References:
[1] https://www.stocktitan.net/sec-filings/KVHI/form-4-kvh-industries-inc-insider-trading-activity-523eab8cba1c.html

BLACK DIAMOND CAPITAL MANAGEMENT Boosts KVH Industries Stake to 10.71%

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