Main Street Capital Recapitalizes The Financial Risk Group
September 23, 2025
Main Street Capital Corporation invested $14.0 million in a minority recapitalization of The Financial Risk Group, LLC (FRG), funding the transaction with a combination of first lien senior secured term debt and a direct equity investment. FRG, headquartered in Cary, North Carolina, is a technology-enabled risk management firm that provides risk analytics, data management consulting, software implementation and cloud-based hosting services to financial institutions, insurers and other commercial customers.
- Buyers
- Main Street Capital Corporation
- Targets
- The Financial Risk Group, LLC
- Industry
- Financial Services
- Location
- North Carolina, United States
- Transaction Type
- Recapitalization
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