Global Infrastructure SherpaMain Street Capital Corporation invests $61.5 million in recapitalization of a specialized structural steel fabricator
Main Street Capital Corporation announced a new portfolio investment totaling $61.5 million in the recapitalization of a specialized structural steel fabricator. This investment by Main Street Capital Corporation supports the financial restructuring and growth of the fabricator, which is involved in industrial infrastructure projects.
Counterparts (1)
Subscribe to access full counterpart details, deal analysis, and timeline.
Subscribe from €20/mo →Deal Analysis
- Main Street Capital Corporation invested $61.5 million.
- Target is a specialized structural steel fabricator.
- Investment supports financial restructuring and growth.
- Focus on U.S. industrial infrastructure projects.
Source Intelligence
Main Street provided the Company with a revolving line of credit to support the Company's future growth initiatives and working capital needs. Main Street's investment included a combination of first lien, senior secured term debt and a direct minority equity investment. The investment was made to facilitate the minority recapitalization of the Company.
"Main Street Capital Corporation (NYSE: MAIN ) ("Main Street") is pleased to announce that it recently completed a new portfolio investment totaling $61.5 million"
"to facilitate the minority recapitalization of an industry leading specialized structural steel fabricator (the "Company")."
"Main Street partnered with the Company's existing owners and management team to facilitate the transaction"
Timeline
Get the full picture — timeline, source intelligence, and counterpart analysis.
Subscribe from €20/mo →