Main Street Capital Backs Management-Led Buyout of Nello Industries

Main Street Capital Invests $47.4M to Finance Management-Led Buyout of Luxury Goods Retailer

January 4, 2022

Retail

Main Street Capital Corporation provided $47.4 million in a combination of first-lien senior secured term debt and a direct equity investment to finance a management-led buyout of an undisclosed leading U.S. retailer of luxury goods. Main Street and an unnamed co-investor partnered with the company’s senior management and also provided a revolving credit facility to support growth initiatives and working capital.

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 Backs Management-Led Buyout of Ira Green, Inc.

June 28, 2023

Manufacturing

Main Street Capital Corporation provided $52.8 million of financing (first‑lien senior secured term debt and a direct equity investment) to back a management‑led buyout of Ira Green, Inc., an industry‑leading manufacturer and distributor of insignia and tactical products. Main Street and an unnamed co‑investor also provided a revolving credit facility to support Ira Green's growth initiatives and working capital needs. The Company, founded in 1943, is headquartered in Providence, Rhode Island and sells branded and private‑label insignia and tactical accessories globally through retailers and eCommerce channels.

Main Street Capital Invests $34.3M in Elgin Industries

October 25, 2022

Manufacturing

Main Street Capital Corporation completed a $34.3 million financing package (first lien senior secured term debt and a direct equity investment) to recapitalize Elgin Industries, a U.S. manufacturer of engine and chassis components headquartered in Elgin, Illinois. The investment provides Elgin with growth capital and a revolving credit facility to support its long-term growth strategy, working capital needs and capability expansion.

Main Street Capital Backs LBO of Third‑Party Tax Collection Service Provider

July 31, 2025

Government & Public Sector

Main Street Capital Corporation invested $10.0 million (first‑lien senior secured debt plus a minority equity stake) to facilitate the leveraged buyout of a leading third‑party delinquent tax collection service provider. Main Street partnered with a sector‑focused private investment firm — the firm is now the majority equity investor and owner; the target was founded in 2010 and is headquartered in the Southeastern United States, serving local government clients with data‑driven collection processes.

Main Street Capital Invests $10M to Support LBO of Third‑Party Tax Collection Provider

July 31, 2025

Government & Public Sector

Main Street Capital Corporation invested $10.0 million (combination of first‑lien senior secured debt and a minority equity stake) to help facilitate the leveraged buyout of a leading third‑party delinquent tax collection service provider. Main Street partnered with a sector‑focused private investment firm, which is the majority equity investor and owner; the Company, founded in 2010 and headquartered in the Southeastern United States, provides data‑driven tax collection services to local governments.