Massachusetts Capital Resource Company (MCRC) Provides Mezzanine Financing to PureHD, LLC

Massachusetts Capital Resource Company Provides Subordinated Debt to wTe Recycling for Management Buyout

February 21, 2024

Industrial Services

Massachusetts Capital Resource Company (MCRC) provided a subordinated debt investment in wTe Recycling, Inc., with proceeds used to facilitate a management buyout. wTe Recycling, founded in 1990, operates metal-shredding and high-speed sorting equipment and supplies ferrous and non‑ferrous metals to domestic and international steel mills in the New England market.

MCRC Provides Debt and Equity to Support Acquisition of Boston Fire Sprinkler Protection, Inc.

April 23, 2024

Industrial Services

MCRC provided debt and equity financing alongside two entrepreneurs and other equity investors to support the recent acquisition of Boston Fire Sprinkler Protection, Inc. The financing will back the new ownership and supply capital for the company’s future growth, supporting its installation, retrofit, inspection and service operations in the Boston/Cambridge area.

MCRC Makes Growth Investment in Fulfillment America

July 30, 2024

Logistics & Distribution

MCRC has made a growth investment in Fulfillment America, a second-generation family-owned fulfillment and supply chain services provider with facilities in Billerica and Clinton, Massachusetts. The investment supplies working capital support to help Fulfillment America continue servicing national brands and support ongoing operations and growth.

Massachusetts Capital Resource Company Invests in OOFOS, Inc.

January 11, 2023

Consumer Products

Massachusetts Capital Resource Company (MCRC) announced a growth-stage investment in OOFOS, Inc., the active-recovery footwear designer and seller founded in 2011. The proceeds will fund continued sales growth for OOFOS' OOfoam recovery footwear and support the company's expansion in the consumer recovery/athletic footwear market.

Main Street Capital Invests $44.0M in Cybermedia Technologies (Recapitalization)

May 18, 2023

IT Services

Main Street Capital Corporation completed a $44.0 million portfolio investment to recapitalize Cybermedia Technologies (CTEC), a mid-market provider of IT modernization and digital transformation services to U.S. federal government agencies. The financing included first-lien senior secured term debt and a direct equity investment and was done in partnership with the company's existing owners and management team.

Cloudmed Acquires Managed Care Revenue Consulting Group (MCRC Group)

July 8, 2021

Healthcare Services

Cloudmed, a healthcare revenue intelligence company based in Atlanta, acquired Managed Care Revenue Consulting Group (MCRC Group), a New York City-based provider of managed care and revenue cycle consulting services. The acquisition combines MCRC's managed care and payment validation expertise with Cloudmed's Revenue Intelligence platform to expand Cloudmed's revenue recovery and managed care capabilities for hospitals and health systems.