Main Street Capital announced it recently led a new portfolio investment totaling $17.4 million of invested capital in HW Temps, with Main Street funding $13.9 million of the investment. Main Street’s investment in HW included a first-lien, senior secured term debt investment and a preferred equity investment.

Main Street and its co-investor partnered to facilitate a recapitalization of the company and to support the company’s growth initiatives. In addition, Main Street and its co-investor are providing HW an undrawn credit facility to support its future growth initiatives and working capital needs.

South Easton, MA-based HW provides temporary staffing and related services primarily to employers in the light industrial, manufacturing, and distribution industries.