Main Street Capital Recapitalizes Jorgensen Laboratories (JorVet)

Main Street Capital Invests $42.2M to Recapitalize Valley Vet Supply

December 7, 2021

Veterinary

Main Street Capital Corporation led a $42.2 million financing package (first-lien senior secured term debt plus a direct equity investment) to recapitalize Valley Veterinary Clinic, LLC d/b/a Valley Vet Supply. The transaction included a revolving credit facility from Main Street and co-investors to support Valley Vet Supply's growth initiatives and working capital needs.

Main Street Capital Provides Minority Recapitalization to Northeast Nebraska Vet Services and Heritage Animal Health

January 6, 2021

Healthcare Services

Main Street Capital Corporation provided $17.0 million of debt and a minority equity investment to facilitate a minority recapitalization of Northeast Nebraska Vet Services, PC (NVS) and Heritage Animal Health, supporting the companies’ growth and acquisition strategy. Bridgepoint Investment Banking acted as exclusive financial advisor to the companies on the transaction.

Undisclosed Financial Sponsor Completes Majority Recapitalization of Heritage Vet Partners

May 12, 2025

Healthcare Services

Main Street Capital Corporation fully exited its debt investments and partially exited its equity stake in Nebraska Vet AcquireCo, LLC (d/b/a Heritage Vet Partners) after a majority recapitalization led by a new, unnamed financial sponsor. Main Street realized a $55.5 million gain and received a minority equity position in the acquirer; Heritage, headquartered in West Point, Nebraska, is a national provider of rural, mixed- and large-animal veterinary services and products.

Main Street Capital Recapitalizes Midwestern Dental Service Organization

February 20, 2024

Dental

Main Street Capital Corporation invested $12.8 million in a recapitalization of a leading, multi-location urgent and general care dental service organization based in the Midwestern United States. The investment, made as a combination of first-lien senior secured term debt and a direct equity investment, was completed alongside an unnamed co-investor and in partnership with the Company's founder and a private investment group.

Main Street Capital Recapitalizes Victory Energy Operations

October 8, 2024

Manufacturing

Main Street Capital Corporation invested $74.4 million to support a majority recapitalization of Victory Energy Operations, partnering with an unnamed co-investor and Victory's founder and management team. The transaction included first-lien senior secured term debt and a direct equity investment and facilitated the buyout of an institutional investor.

Main Street Capital Completes $45M Minority Recapitalization of Specialty Aircraft Distributor

September 2, 2025

Aerospace & Defense

Main Street Capital Corporation completed a $45.0 million investment to facilitate a minority recapitalization of an unnamed, Southeastern U.S.-based specialty aircraft distributor. The transaction provides liquidity to the Company's CEO (the sole owner) and consists of first lien senior secured debt plus a direct minority equity investment.