Main Street Capital Invests $24.8M in Cody Pools to Support Add-on Acquisition
December 20, 2021
Main Street Capital Corporation completed a $24.8 million follow-on first-lien, senior secured term debt investment in portfolio company Cody Pools, Inc. to support Cody’s acquisition of a Phoenix, Arizona-based pool builder. Cody Pools, headquartered in Georgetown, Texas, operates in Texas and Florida and said the acquisition expands its national presence into Arizona.
- Buyers
- Main Street Capital Corporation, Unnamed co-investor
- Targets
- Cody Pools, Inc.
- Platforms
- Cody Pools, Inc.
- Industry
- Construction
- Location
- Texas, United States
- Transaction Type
- Addon
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