Main Street Capital Provides $32.9M to Recapitalize Colonial Electric Company

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 Recapitalizes Two Northeastern Commercial Concrete Contractors

January 7, 2026

Construction

Main Street Capital Corporation completed a $35.0 million portfolio investment to facilitate minority recapitalizations of two commercial concrete contracting companies under a single holding company. The financing, which includes first-lien senior secured term debt and a direct minority equity investment, partners with the companies' existing owners and management to provide liquidity and support ongoing operations serving large commercial projects such as warehouses, distribution centers, data centers and cold storage facilities.

Main Street Capital Participates in $41.4M Minority Recapitalization of Connect Telecommunications Solutions

October 16, 2024

Telecommunications

Main Street Capital Corporation provided $41.4 million in a debt and equity investment to support a minority recapitalization of Connect Telecommunications Solutions Inc., a Kitchener, Ontario-based value-added distributor of fiber management solutions. Main Street and an unnamed co-investor partnered with the company’s founders to complete the transaction, enabling liquidity and capital to support the business.

Main Street Capital Invests $47.4M to Finance Management-Led Buyout of Luxury Goods Retailer

January 4, 2022

Retail

Main Street Capital Corporation provided $47.4 million in a combination of first-lien senior secured term debt and a direct equity investment to finance a management-led buyout of an undisclosed leading U.S. retailer of luxury goods. Main Street and an unnamed co-investor partnered with the company’s senior management and also provided a revolving credit facility to support growth initiatives and working capital.

Main Street Capital Invests $34.3M in Elgin Industries

October 25, 2022

Manufacturing

Main Street Capital Corporation completed a $34.3 million financing package (first lien senior secured term debt and a direct equity investment) to recapitalize Elgin Industries, a U.S. manufacturer of engine and chassis components headquartered in Elgin, Illinois. The investment provides Elgin with growth capital and a revolving credit facility to support its long-term growth strategy, working capital needs and capability expansion.

Main Street Capital Invests $42.5M in Minority Recapitalization of Doral Corporation

May 22, 2025

Industrial Services

Main Street Capital Corporation provided $42.5 million in a minority recapitalization of Doral Corporation, funding the deal with a mix of first-lien senior secured term debt and a direct equity investment. The transaction partners Main Street with Doral's existing owner to support the Milwaukee-based industrial contractor's operations and growth.