Main Street Capital Invests in Cody Pools
March 11, 2020
Main Street Capital Corporation completed a $24.4 million portfolio investment in Cody Pools, Inc., providing a combination of first-lien senior secured term debt and a direct equity investment alongside unnamed co-investors. The financing also includes a credit facility to support Cody's growth and working capital as the Austin-area pool designer and builder — founded in the 1990s and operating across Austin, San Antonio, Houston and Tampa — continues to expand its residential and commercial business.
- Buyers
- Main Street Capital Corporation, Unnamed co-investors
- Targets
- Cody Pools, Inc.
- Industry
- Construction
- Location
- Texas, United States
- Transaction Type
- Growth capital
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