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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