Main Street Capital Provides $26M Minority Recapitalization of Superior Rigging & Erecting Co.
September 2, 2020
Main Street Capital Corporation completed a $26.0 million investment to facilitate a minority recapitalization of Superior Rigging & Erecting Co., funded via a combination of first-lien senior secured term debt and a direct equity investment. Superior, headquartered in Atlanta, Georgia, provides rigging, steel erection and crane & equipment rental services across the southeastern United States; Main Street also provided access to additional term debt to support future growth.
- Buyers
- Main Street Capital Corporation
- Targets
- Superior Rigging & Erecting Co.
- Sellers
- Superior Rigging & Erecting Co. management team
- Industry
- Construction
- Location
- Georgia, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Main Street Capital Provides $32.8M to Support Federal Supply-Chain Provider’s Acquisition of Equipment Rental Supplier
May 30, 2024
Logistics & Distribution
Main Street Capital Corporation provided $32.8 million of first-lien, senior secured term debt (with equity warrant participation) to a leading provider of supply chain management services for U.S. federal government agencies to support that company's acquisition of a provider of equipment sales and rental solutions to U.S. federal agencies. The financing is a growth-oriented investment to fund the target acquisition as part of the Company's ongoing expansion strategy; the co-investor and the acquired company are not named in the announcement.
-
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 Provides $32.9M to Recapitalize Colonial Electric Company
April 6, 2021
Construction
Main Street Capital Corporation invested $32.9 million in a recapitalization of Colonial Electric Company, LLC, providing a mix of first-lien senior secured term debt and a direct equity investment plus a revolving credit facility. Main Street and an unnamed co-investor partnered with Colonial's existing owners and senior management to complete the transaction and support the company’s working capital needs.
-
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.
-
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 Completes $81M Recapitalization of Southeastern Musculoskeletal Care Provider
October 15, 2025
Healthcare Services
Main Street Capital Corporation completed an $81.0 million minority recapitalization of a leading musculoskeletal care management services organization based in the Southeastern United States. The financing, composed of first-lien senior secured term debt and a direct minority equity investment, provides founder liquidity and growth capital to support the company’s multi-site clinical operations across several states.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.