Main Street Capital Invests $44.0M in Cybermedia Technologies (Recapitalization)
May 18, 2023
Main Street Capital Corporation completed a $44.0 million portfolio investment to recapitalize Cybermedia Technologies (CTEC), a mid-market provider of IT modernization and digital transformation services to U.S. federal government agencies. The financing included first-lien senior secured term debt and a direct equity investment and was done in partnership with the company's existing owners and management team.
- Buyers
- Main Street Capital Corporation, MSC Adviser I, LLC
- Targets
- Cybermedia Technologies, Inc. (CTEC)
- Sellers
- Existing owners and management team
- Industry
- IT Services
- Location
- Virginia, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
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 Provides $45.4M Recapitalization to Aerial Survey and Geospatial Services Provider
June 4, 2025
Data & Analytics
Main Street Capital Corporation completed a $45.4 million investment to facilitate a minority recapitalization of a leading aerial survey and geospatial services platform, providing a combination of first-lien senior secured term debt and a direct equity investment. The financing also includes a revolving credit facility and growth capital to support organic expansion (additional aircraft and sensors) and acquisitive growth; the target company was not named in the announcement.
-
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 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 Majority Recapitalizes Orttech, Inc.
August 4, 2021
Industrial Services
Main Street Capital Corporation completed a new portfolio investment to facilitate the majority recapitalization of Orttech, Inc., providing a mix of first‑lien senior secured term debt and a direct equity investment. Main Street partnered with an unnamed co‑investor and Orttech’s existing owners and management; Orttech is a Solon, Ohio‑based value‑added distributor of clutches, brakes and torque control products serving metal forming, marine, winch and agriculture markets across North America.
-
Main Street Capital Provides $18.1M Minority Recapitalization of World Micro Components
December 20, 2022
Industrial Services
Main Street Capital Corporation completed a minority recapitalization of World Micro Components, LLC, funding $18.1 million in a combination of first-lien senior secured term debt and a direct minority equity investment. World Micro, a Roswell, Georgia-based distributor of electronic parts and supply-chain services serving aerospace & defense, healthcare, technology and industrial automation end markets, partnered with Main Street and a co-investor while the company's existing owner and senior management remain involved.
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.