Main Street Capital Recapitalizes Two Northeastern Commercial Concrete Contractors

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 Recapitalizes Compass Systems & Sales, LLC

November 28, 2023

Industrial Services

Main Street Capital Corporation provided $24.7 million in senior secured debt and a direct equity investment to recapitalize Compass Systems & Sales, LLC. The funding, made alongside an unnamed co-investor and the company's existing owner and management team, will support Compass's operations and long-term growth in material handling systems and services.

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.

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 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.