Main Street Capital Invests $47M in Recapitalization of Swim School Franchisee
November 18, 2025
Main Street Capital Corporation completed a $47.0 million minority recapitalization of a leading swim school franchisee that operates more than 40 locations across ten U.S. states. The investment included a combination of first-lien senior secured term debt and a direct minority equity stake and was completed in partnership with the company's existing owners and management.
- Buyers
- Main Street Capital Corporation
- Targets
- Unnamed swim school franchisee (operates 40+ locations across ten U.S. states)
- Industry
- Education
- Location
- United States
- Transaction Type
- Recapitalization
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