Lower Middle Market Solutions
We provide “one-stop” capital solutions for lower middle market companies seeking to grow or transition ownership. We offer entrepreneurs, business owners and management teams a number of advantages to help each business realize its full potential and generate wealth for the owners.
Flexible Capital
Our team structures investments to meet the needs of our portfolio companies and their owners. We provide long-term debt capital (typically with little or no scheduled amortization) and are comfortable making majority and minority equity investments. You can rest assured that a transaction with us will be structured to align interests and empower managers.
Long-Term Outlook
We approach each investment with a long-term view. As a publicly traded investment firm (NYSE: MAIN), we are not required to return our investors’ capital by a specific date, as is typical of most institutional funds. This allows us the flexibility to be a long-term partner, in both good economies and in more challenging markets.
Operational Autonomy
Regardless of equity ownership, we aim to structure financial partnerships that align our interests with the business, allowing management to maintain significant operational and strategic control. More than just a financial partner, we can offer strategic insight and make valuable connections with industry experts and service providers.
Efficient Execution
We strive to keep capital structures simple. Our ability to invest both debt and equity and fully finance a transaction means that business owners and management teams work with only one financial partner. This reduces execution risk and expedites the closing process, allowing business owners and management teams to focus on what is most important – the business.
Who We Invest In
Company Revenue
$10-$150 MillionEBITDA
$3-$20 MillionInitial Investment Size
$5-$100 MillionAdditional Criteria
Strong competitive advantages with proven market position
Stable, positive cash flow
Seasoned management team with established track record
Investment Structures
"ONE STOP" DEBT & EQUITY CAPITAL
MAJORITY & MINORITY EQUITY
SENIOR SECURED TERM DEBT
UNINTRANCHE TERM DEBT
MINIMAL OR NO FIXED AMORTIZATION
Transaction Types
RECAPITALIZATIONS
FAMILY ESTATE PLANNING
MANAGEMENT BUYOUTS
REFINANCINGS
EXPANSION & GROWTH
