Main Street and Iron Creek Partners Recapitalize MoneyThumb
August 29, 2024
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.
- Targets
- MoneyThumb, Inc.
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Recapitalization
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