Main Street Capital Corporation Completes Minority Recapitalization of Specialized Structural Steel Fabricator
March 10, 2026
Main Street Capital Corporation (NYSE: MAIN) completed a $61.5 million portfolio investment to support a minority recapitalization of a specialized structural steel fabricator located in the greater Houston metropolitan area. The financing included first lien and senior secured term debt plus a direct minority equity investment, along with a revolving line of credit to support future growth and working capital needs.
- Buyers
- Main Street Capital Corporation
- Targets
- Specialized structural steel fabricator (minority recapitalization; name not disclosed in provided source)
- Sellers
- Company's existing owners (and management team as described)
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Recapitalization
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