Main Street Invests $12.2M in Iron-Main to Support Background-Screening Add-On
February 14, 2023
Main Street Capital Corporation completed a $12.2 million follow-on investment (comprised of $11.2M first-lien term debt and $1.0M equity) in portfolio company Iron-Main Investments, LLC to support Iron-Main’s acquisition of an undisclosed company that provides pre-employment background checks and related services. The acquisition is intended to expand and diversify Iron-Main’s customer base, market presence and service offerings—particularly across industrial and healthcare end markets.
- Buyers
- Main Street Capital Corporation, Iron-Main Investments, LLC, Unspecified co-investor(s)
- Targets
- Undisclosed pre-employment background screening company
- Platforms
- Iron-Main Investments, LLC
- Industry
- Staffing & HR
- Location
- United States
- Transaction Type
- Addon
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