CNL Strategic Capital LLC POS AM
Exhibit 21.1
LIST OF SUBSIDIARIES
| Name of Subsidiary | Jurisdiction |
| Auriemma Consulting Group, Inc. | New York |
| Blue Ridge TopCo, LLC | Delaware |
| Blue Ridge MidCo, LLC | Delaware |
| Blue Ridge DebtCo, LLC | Delaware |
| BR Strategic Capital DebtCo, LLC | Delaware |
| BR Strategic Capital EquityCo, LLC | Delaware |
| CNL Strategic Capital B, Inc. | Delaware |
| Ecomaids, LLC | Delaware |
| Lado Agency, Inc. | New Jersey |
| Lawn Doctor, Inc. | New Jersey |
| LD Parent, Inc. | Delaware |
| LD Strategic Capital DebtCo, LLC | Delaware |
| LD Strategic Capital EquityCo, LLC | Delaware |
| LD DebtCo, LLC | Delaware |
| M&F Properties, Inc. | New Jersey |
| Milton Industries, Inc. | Delaware |
| Milton MidCo, LLC | Delaware |
| Milton Strategic Capital DebtCo, LLC | Delaware |
| Milton Strategic Capital EquityCo, LLC | Delaware |
| Milton TopCo, LLC | Delaware |
| Mosquito Hunters, LLC | New Jersey |
| Polyform Holdings, Inc. | Delaware |
| Polyform Products Company, Inc. | Delaware |
| Polyform Strategic Capital DebtCo, LLC | Delaware |
| Polyform Strategic Capital EquityCo, LLC | Delaware |
| RE Strategic Capital B, Inc. | Delaware |
| RE Strategic Capital DebtCo, LLC | Delaware |
| RE Strategic Capital EquityCo, LLC | Delaware |
| REG Buyer, LLC | Delaware |
| REG Holdings, LLC | Delaware |
| REG Parent, LLC | Delaware |
| Resolution Economics, LLC | Delaware |
| Roundtable Equity Holdings, LLC | Delaware |
| Tool Group Holdings Corp. | Delaware |
| Transition Finance Strategies, LLC | Virginia |
| USR Strategic Capital DebtCo, LLC | Delaware |
| USR Strategic Capital EquityCo, LLC | Delaware |