Main Street Capital Corp Raises $36.6M for Lower Middle Market Companies

Main Street Capital Invests $36.6M in Five Existing Portfolio Companies

Main Street Capital Corporation's Recent Investments

Key Highlights:

  • Investment Amount: Main Street Capital Corporation invested a total of $36.6 million in five existing lower middle market portfolio companies.
  • Portfolio Companies: The investments were made in Centre Technologies Holdings, Pearl Meyer Topco, SI East, Slick Innovations, and Bolder Panther Group (Smoker Friendly).
  • Investment Focus: Main Street Capital Corporation provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies.

Main Street Capital Corporation's Target Market

  • Target Market: Lower middle market companies with annual revenues between $10 million and $150 million.
  • Entrepreneurs and Business Owners: Partnerships with entrepreneurs, business owners, and management teams seeking financing for management buyouts, recapitalizations, growth financings, refinancings, and acquisitions.
  • Diverse Industry Sectors: Investments made in companies operating in various industry sectors.

What Main Street Capital Corporation Needs to Buy

  • Investment Opportunities: Identifying potential investment opportunities in lower middle market and middle market companies.
  • Financial and Legal Services: Collaborating with financial and legal service providers to support investment transactions and due diligence.
  • Industry-Specific Expertise: Partnering with industry experts to evaluate investment opportunities in diverse sectors.