HOUSTON, Aug. 1, 2017 /PRNewswire/ -- Main Street
Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to
announce that it recently made a new portfolio investment to
facilitate the management-led buyout of Market Force Information,
LLC ("Market Force" or the "Company"), a leading global provider of
customer experience management software and services. Main Street,
along with a co-investor, partnered with the Company's management
team to facilitate the transaction, with Main Street funding
$38.2 million in a combination of
first-lien, senior secured term debt and a direct equity
investment. In addition, Main Street and its co-investor are
providing Market Force an undrawn credit facility to support its
growth initiatives and working capital needs.
Headquartered in Louisville,
Colorado, and founded in 2005, Market Force is a global
provider of customer experience management software and services,
which capture customer experience data through multiple channels
and provide location-based measurement and analytics. Market Force
integrates this data into a cloud-based platform where clients can
view, track, and analyze data in real time.
ABOUT MAIN STREET CAPITAL CORPORATION
Main Street (www.mainstcapital.com) is a principal investment
firm that primarily provides long-term debt and equity capital to
lower middle market companies and debt capital to middle market
companies. Main Street's portfolio investments are typically made
to support management buyouts, recapitalizations, growth
financings, refinancings and acquisitions of companies that operate
in diverse industry sectors. Main Street seeks to partner with
entrepreneurs, business owners and management teams and generally
provides "one stop" financing alternatives within its lower middle
market portfolio. Main Street's lower middle market companies
generally have annual revenues between $10
million and $150 million. Main Street's middle market debt
investments are made in businesses that are generally larger in
size than its lower middle market portfolio companies.
Main Street's common stock trades on the New York Stock Exchange
("NYSE") under the symbol "MAIN." In addition, Main Street has
outstanding 6.125% Notes due 2023, which trade on the NYSE under
the symbol "MSCA."
Contacts:
Main Street Capital Corporation
Dwayne L. Hyzak, President &
COO, dhyzak@mainstcapital.com
Brent D. Smith, CFO,
bsmith@mainstcapital.com
713-350-6000
Dennard ▪ Lascar Associates
Ken Dennard |
ken@dennardlascar.com
Mark Roberson |
mroberson@dennardlascar.com
713-529-6600
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SOURCE Main Street Capital Corporation