Main Street Capital Majority Recapitalizes Orttech, Inc.

August 4, 2021

Main Street Capital Corporation completed a new portfolio investment to facilitate the majority recapitalization of Orttech, Inc., providing a mix of first‑lien senior secured term debt and a direct equity investment. Main Street partnered with an unnamed co‑investor and Orttech’s existing owners and management; Orttech is a Solon, Ohio‑based value‑added distributor of clutches, brakes and torque control products serving metal forming, marine, winch and agriculture markets across North America.

Buyers
Main Street Capital Corporation
Targets
Orttech, Inc.
Sellers
Existing owners, Management team
Location
Ohio, United States
Transaction Type
Recapitalization

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