Main Street Invests $6.4MM in Aviation Business
Main Street Capital announced it participated in a new portfolio investment totaling $24.0 million of invested capital in Berry Aviation, with Main Street funding $6.4 million of the investment.
Main Street Capital announced it participated in a new portfolio investment totaling $24.0 million of invested capital in Berry Aviation, with Main Street funding $6.4 million of the investment.
Main Street Capital expanded its five-year credit facility from $522.5 million to $572.5 million. The $50 million increase in total commitments was the result of the addition of a new lender relationship.
Main Street Capital announced its board of directors promoted Dwayne L. Hyzak to chief operating officer and senior managing director and Brent D. Smith to chief financial officer and treasurer, effective immediately.
Main Street Capital led a portfolio investment totaling $15.9 million of invested capital to facilitate the majority recapitalization of SoftTouch Medical Holdings, with Main Street funding $13.5 million.
Main Street announced it recently fully exited its investment in NCP Investment Holdings, a healthcare services company. Since its initial investment, Main Street realized a 30.9% internal rate of return.
Main Street Capital recently led a financing totaling $12 million of invested capital in East West Copolymer & Rubber to support working capital and expansion needs.
Main Street Capital announced that it recently fully exited its investment in Texas ReExcavation. Main Street realized a gain of approximately $3.7 million on the sale of T-Rex.
Main Street Capital said it recently completed a follow-on investment of $16.4 million in existing portfolio company SambaSafety Holdings to support the acquisition of a complimentary business.
Main Street Capital announced the amendment of its five-year credit facility. BB&T acted as administrative agent, according to an SEC filing.
Main Street Capital announced it fully exited its investment in American Sensor Technologies, a manufacturer of high performance sensors.