Main Street Announces New Portfolio Investment

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Main Street Capital (NYSE: MAIN) completed a $35.0 million portfolio investment on January 7, 2026 to fund minority recapitalizations of two commercial concrete contracting companies under a single holding company. The investment combines first lien, senior secured term debt and a direct minority equity stake, alongside existing owners and management.

The companies are headquartered in the Northeastern United States and provide comprehensive commercial concrete services for large projects such as warehouses, distribution centers, data centers and cold storage facilities.

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Invests $35.0 Million in Recapitalization of Commercial Concrete Subcontractors

HOUSTON, Jan. 7, 2026 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment totaling $35.0 million to facilitate the minority recapitalizations of two commercial concrete contracting companies (the "Companies") under one holding company. Main Street partnered with the Companies' existing owners and management teams to facilitate the transactions, with Main Street's investment including a combination of first lien, senior secured term debt and a direct minority equity investment.

Headquartered in the Northeastern United States, the Companies are industry leading providers of comprehensive concrete services, including earthwork for foundations, construction of footings, stem walls and retaining walls, and the installation of both unreinforced and reinforced concrete slabs. Additional capabilities include installation of exterior concrete solutions such as truck aprons, dolly strips, drive-in ramps and loading docks. The Companies' services are utilized in various large commercial applications, including warehouses, distribution centers, data centers and cold storage facilities.

ABOUT MAIN STREET CAPITAL CORPORATION
Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides customized long-term debt and equity capital solutions to lower middle market companies and debt capital to private companies owned by or in the process of being acquired by a private equity fund. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides customized "one-stop" debt and equity financing solutions within its lower middle market investment strategy. Main Street seeks to partner with private equity fund sponsors and primarily invests in secured debt investments in its private loan investment strategy. Main Street's lower middle market portfolio companies generally have annual revenues between $10 million and $150 million. Main Street's private loan portfolio companies generally have annual revenues between $25 million and $500 million.

Main Street, through its wholly-owned portfolio company MSC Adviser I, LLC ("MSC Adviser"), also maintains an asset management business through which it manages investments for external parties. MSC Adviser is registered as an investment adviser under the Investment Advisers Act of 1940, as amended.

Contacts:
Main Street Capital Corporation
Dwayne L. Hyzak, CEO, dhyzak@mainstcapital.com
Ryan R. Nelson, CFO, rnelson@mainstcapital.com                  
713-350-6000

Dennard Lascar Investor Relations
Ken Dennard | ken@dennardlascar.com  
Zach Vaughan | zvaughan@dennardlascar.com  
713-529-6600

 

View original content:https://www.prnewswire.com/news-releases/main-street-announces-new-portfolio-investment-302654706.html

SOURCE Main Street Capital Corporation

FAQ

What did Main Street (NYSE: MAIN) announce on January 7, 2026?

Main Street announced a $35.0 million portfolio investment to support minority recapitalizations of two commercial concrete contracting companies.

How is Main Street structuring the $35.0 million investment in the MAIN portfolio deal?

The investment comprises a combination of first lien, senior secured term debt and a direct minority equity investment.

Which businesses received Main Street's January 7, 2026 investment (MAIN)?

Two commercial concrete subcontracting companies organized under one holding company, headquartered in the Northeastern United States.

What services do the portfolio companies funded by MAIN provide?

They offer commercial concrete and earthwork services including foundations, footings, stem walls, retaining walls, slabs, and exterior concrete solutions for large commercial projects.

Will Main Street (MAIN) take control of the companies with the $35.0 million investment?

No; the transaction is described as financing minority recapitalizations and includes a direct minority equity investment alongside existing owners and management.