Main Street Capital Invests $49.3M in Recapitalization of Moffitt Services
March 25, 2025
Main Street Capital Corporation committed $49.3 million to facilitate a minority recapitalization of Moffitt Holdings, LLC (dba Moffitt Services), a Cypress, Texas-based bulk fuel and lubricant distributor. The financing package includes first-lien senior secured term debt and a direct equity investment provided in partnership with Moffitt's founders and management to provide liquidity and support the company's growth and operations.
- Buyers
- Main Street Capital Corporation
- Targets
- Moffitt Holdings, LLC (dba Moffitt Services)
- Sellers
- Moffitt's founders and management team
- Industry
- Oil & Gas
- Location
- Texas, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Main Street Capital Completes $45M Minority Recapitalization of Specialty Aircraft Distributor
September 2, 2025
Aerospace & Defense
Main Street Capital Corporation completed a $45.0 million investment to facilitate a minority recapitalization of an unnamed, Southeastern U.S.-based specialty aircraft distributor. The transaction provides liquidity to the Company's CEO (the sole owner) and consists of first lien senior secured debt plus a direct minority equity investment.
-
Main Street Capital Participates in $41.4M Minority Recapitalization of Connect Telecommunications Solutions
October 16, 2024
Telecommunications
Main Street Capital Corporation provided $41.4 million in a debt and equity investment to support a minority recapitalization of Connect Telecommunications Solutions Inc., a Kitchener, Ontario-based value-added distributor of fiber management solutions. Main Street and an unnamed co-investor partnered with the company’s founders to complete the transaction, enabling liquidity and capital to support the business.
-
Main Street Capital Recapitalizes Two Northeastern Commercial Concrete Contractors
January 7, 2026
Construction
Main Street Capital Corporation completed a $35.0 million portfolio investment to facilitate minority recapitalizations of two commercial concrete contracting companies under a single holding company. The financing, which includes first-lien senior secured term debt and a direct minority equity investment, partners with the companies' existing owners and management to provide liquidity and support ongoing operations serving large commercial projects such as warehouses, distribution centers, data centers and cold storage facilities.
-
Main Street Capital Completes Minority Recapitalization of The Affiliati Network
August 17, 2021
Marketing & Advertising
Main Street Capital Corporation invested $20.4 million in a minority recapitalization of The Affiliati Network, providing a combination of first-lien, senior secured term debt and a direct equity investment alongside an undisclosed co-investor. Main Street and its co-investor also provided a revolving line of credit to support Affiliati's growth initiatives and working capital needs.
-
Main Street and Iron Creek Partners Recapitalize MoneyThumb
August 29, 2024
Cloud & SaaS
Main Street Capital Corporation provided $11.2 million of financing as part of a majority recapitalization of MoneyThumb, Inc., partnering with majority equity investor Iron Creek Partners and MoneyThumb’s founder and management. MoneyThumb, a Encinitas-based SaaS provider of financial file conversion, reconciliation and fraud-detection software serving the MCA and accounting industries, will use the transaction to provide liquidity to existing owners and support product and market expansion.
-
Main Street Capital Completes $81M Recapitalization of Southeastern Musculoskeletal Care Provider
October 15, 2025
Healthcare Services
Main Street Capital Corporation completed an $81.0 million minority recapitalization of a leading musculoskeletal care management services organization based in the Southeastern United States. The financing, composed of first-lien senior secured term debt and a direct minority equity investment, provides founder liquidity and growth capital to support the company’s multi-site clinical operations across several states.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.