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0 0.0059676044330776 0.0059676044330776 0.0059676044330776 -0.00170502983802207 0.00494458653026439 0.00153452685422001 -0.000852514919011034
Stock impact report

Main Street Announces New Portfolio Investment

Main Street Capital Corporation (MAIN) 
Last main street capital corporation earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.mainstcapital.com
Company Research Source: PR Newswire
Invests $49.3 Million in Recapitalization of Moffitt Holdings, LLCHOUSTON, March 25, 2025 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment totaling $49.3 million to facilitate the minority recapitalization of Moffitt Holdings, LLC, dba Moffitt Services ("Moffitt" or the "Company"), a leading bulk fuel and lubricant distribution solutions provider for a diverse group of industries. Main Street partnered with Moffitt's founders and management team to facilitate the minority recapitalization. Main Street's investment in the Company includes a combination of first-lien, senior secured term debt and a direct equity investment.Founded in 2014 and headquartered in Cypress, Texas, Moffitt is a leading distributor of fuels and lubricants in both core and emergency applications, with a complementary rental business that owns assets critical for various disaster response services nationwide. Show less Read more
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