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Main Street Announces New Portfolio Investment

Provided By PR Newswire

Last update: Nov 28, 2023

Invests $24.7 Million in Compass Systems & Sales, LLC

HOUSTON, Nov. 28, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment to facilitate the recapitalization of Compass Systems & Sales, LLC ("Compass" or the "Company"), a leading provider of end-to-end material handling systems employing innovative, custom-engineered solutions integrated with traditional conveyance systems. Main Street, along with its co-investor, partnered with the Company's existing owner and senior management team to facilitate the transaction, with Main Street funding $24.7 million in a combination of first lien, senior secured term debt and a direct equity investment.

Read more at prnewswire.com

MAIN STREET CAPITAL CORP

NYSE:MAIN (5/12/2025, 8:04:00 PM)

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