Main Street Capital Invests $14.6M in Johnson Downie LLC

December 16, 2021

Main Street Capital Corporation completed a $14.6 million growth capital investment and minority recapitalization in Johnson Downie, LLC, a Houston-based provider of lateral partner placements and retained partner-level recruiting services for law firms across Texas. The financing comprised first-lien senior secured term debt and a direct minority equity investment; Main Street partnered with an unnamed co-investor and the Company's existing owner/management team to facilitate the transaction.

Buyers
Main Street Capital Corporation
Targets
Johnson Downie, LLC
Sellers
Existing owner and management team
Industry
Staffing & HR
Location
Texas, United States
Transaction Type
Recapitalization

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