Main Street Capital and MSC Income Fund Provide Follow-On Financing for Trantech’s Acquisition of Transformer Maintenance and Service (TMS)

Main Street Capital Corporation and co-investor MSC Income Fund completed a $26.0 million follow-on investment in their portfolio company, Trantech Radiator Topco, LLC, to support Trantech’s strategic acquisition of Transformer Maintenance and Service, Inc. (TMS). The financing includes $24.7 million of first-lien senior secured term debt and $1.4 million of direct equity, with TMS owners receiving a portion of the acquisition purchase price as equity in Trantech.