Before that, Mr. Beauvais practiced corporate and securities law at Baker Botts L.L.P., where he primarily counseled companies in public issuances and private placements of debt and equity and handled a wide range of general corporate and securities matters as well as mergers and acquisitions. Mr. Happe is involved in all contract negotiations as well as the companys syndication efforts, SEC compliance issues, fair debt collection practices and commercial acquisitions and divestures. Frank is an avid real estate investor and prolific entrepreneur. Mr. Juarez was a Summer Analyst at Main Street in 2022 and also completed internships at PwC and Mendoza Ventures a Boston-based Venture Capital firm. Mr. Jackson serves as the President and Chief Executive Officer of CSI Compressco LP (Nasdaq: CCLP) (CSI Compressco), a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. Matt Oesterling has served as an Associate since 2022 and hasbeen with Main Street in various roles since joining in 2019. Prior to joining Main Street, Mr. Morris served in various roles of increasing responsibility with Quanta Services, Inc. (NYSE: PWR) including most recently as Executive Vice President Finance and President Infrastructure Solutions. Grant Lund is a Senior Associate on our Lower Middle Market investment team and has been with the firm in various roles since 2018. Mr. Jackson previously served as the President and Chief Executive Officer of Spartan Energy Partners, which acquired the general partner of CSI Compressco in January 2021 before becoming a subsidiary of CSI Compressco through a restructuring transaction in November 2021. Through our two business segments, we offer entrepreneurs, business owners, management teams and financial sponsors a number of advantages to help each business realize its full potential and generate wealth for its owners. The dividend payout ratio for MAIN is: 83.85% based on the trailing year of earnings. The Fund's lower middle market companies generally have annual revenues between $10 million and $150 million. Ellie Kronlokken is an Analyst on Main Streets Lower Middle Market team. The Funds investment strategy is to make debt investments in middle market companies and debt and equity investments in lower middle market companies. ", "Main Street provided liquidity to achieve my estate planning goals, while allowing me to retain operational control and the right to regain majority equity ownership. Mr. Morris is also responsible for originating and executing on new investments for the firm. Prior to Fortune, Dennis was a Manager in Price Waterhouse LLP's Corporate Finance Group in New York. Mr. Fritz graduated summa cum laude from Liberty University receiving his Bachelors of Science in both Business Administration and Accountancy. From origination, to management, and through the realization of the investment. Mr. Dooley graduated from the Hankamer School of Business at Baylor University in May 2018, receiving a Bachelor of Business Administration in Finance and Economics. Main Street Capital Partners. David Magdol is our President and Chief Investment Officer. East High School is a public high school located on the near east side of Columbus, Ohio at 1500 E. Broad Street. Leadership William D. "Tex" Gross Chairman William D. Gross is Chairman of Commerce Street Holdings, LLC, the holding company for Commerce Street Capital, LLC ("CSC"), a FINRA member broker/dealer and Commerce. Previously, he served as Main Street's President (2015 until November 2018), Chief Operating Officer (2014 until November 2018), Chief Financial Officer (2011 until 2014) and Senior Managing Director since 2011. We even received an introduction to a new customer. Main Street is a principal investment firm that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Household goods manufacturer Tupperware Brands is one step . He is also responsible for originating and executing on new investments for the firm. Main Street Announces First Quarter 2023 Private Loan Portfolio Activity. Current ownership purchased Advanced Machining & Tooling, Quality Products & Machine, and Tri-Tec Industries in October 2019 and formed Compass Precision, LLC as the parent company. In addition, Mr. Foster served as a founding director of the Texas TriCities Chapter of the National Association of Corporate Directors from 2004 to 2011. Prior to our IPO in 2007, Mr. Magdol served as a Senior Managing Director and other executive positions of several Main Street predecessor funds and entities, which are now our subsidiaries. Our firm fosters a positive and transparent work environment and is highly committed to ensuring all employees are given the best possible opportunity to be successful. At March 31, 2022, unsecured debt represented 62.3% of total debt, which is above the peer average and above the upper-end of Fitch's 'bbb' category benchmark range of 35%-50% for BDCs. While at FTI, John spent time on public restructurings, valuations, and due-diligence related engagements. Team | Main Street Capital Team We are a small, yet highly experienced team that can make decisions quickly. Ms. Smith graduated magna cum laude from M.J. Neeley School of Business at Texas Christian University receiving a Bachelor of Business Administration in Finance. Mr. Magdol began his career in the structured finance services group of JP Morgan Chase. 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. 72% of the management team is White. Main Street Capital Corporation 3,816 followers 1y Report this post Report Report. HOUSTON, April 5, 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 Infinity X1 LLC ("Infinity" or the "Company"), a leading supplier of portable lighting products. Raj Desai has served as an Analyst since February 2022. Mr. Foster co-founded Main Street's predecessor funds and entities in 1997. The Rating Outlook on the Long-Term IDR is Stable. Our executive leadership team has over 100 years of combined experience across a wide variety of industries. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Copyright 2023. Mr. Magdol also serves as a member our management teams executive and investment committees. Contacts:Main Street Capital CorporationDwayne L. Hyzak, CEO, dhyzak@mainstcapital.comJesse E. Morris, CFO & COO, jmorris@mainstcapital.com 713-350-6000, Dennard Lascar Investor RelationsKen Dennard | ken@dennardlascar.comZach Vaughan | zvaughan@dennardlascar.com713-529-6600, View original content:https://www.prnewswire.com/news-releases/main-street-announces-new-portfolio-investment-301790432.html, ) 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. Becca Smith is an Analyst on Main Streets Lower Middle Market team. For more information about Main Street, visit, Finance, Legal, Compliance and Accounting. He was promoted to the role of President in November 2018 and has served as Chief Investment Officer since 2011. Main Street Capital Holdings Fund Manager Website www.mainstcap.com Fund Category Private Equity Native Currency USD Fund Manager's Location One Oxford Centre 301 Grant Street, 14th Floor Pittsburgh, PA 15219 United States +1 (412) 000-0000 Fund Domiciles United States Want detailed data on 3M+ companies? Copyright 2023. Bob is known nationally for his expertise and advocacy of various Federal, State, and local developer incentive tools and complex deal structures related to Historic Preservation Credits, Low-Income Census Tract Investment (NMTC, etc. Main Street is based in Houston, TX and provides one-stop (both debt and equity) capital solutions for lower middle market companies seeking to grow or transition ownership and debt capital to middle market companies. Mr. Foster also currently serves as a founding director of Quanta Services, Inc. (NYSE: PWR), which provides specialty contracting services to the power, natural gas and telecommunications industries, where he also serves on the audit committee and chairs its investment committee. He joined BMC in September 1991 as Assistant Treasurer and became Treasurer the following year. Since its inception in 2002, Main Street has specialized in providing long-term debt and equity capital to lower middle market and middle market companies. Assuming those notes were refinanced with secured borrowings, the unsecured funding . He was a Vice President in the Mergers and Acquisition Advisory and Investment Banking Group at Lazard Freres & Co. LLC from 2000 to 2002 . Mr. The interview process was much more relaxed and conversational than other interviews. ET. John Tucker is an Associate on our Lower Middle Market investment team and has been with the firm in various roles since 2021. Prior to joining Main Street, Mr. Arreola was a Managing Director at Alloy Capital, a private credit firm that invests in growing companies in the middle market in Mexico. Matt Fritz is an Analyst on Main Streets Lower Middle Market team and has been with the firm in various roles since 2021. in Accounting with honors from The University of Texas at Austin. Main Street Capital Reviews Updated Nov 7, 2022 Find Reviews Clear All English Filter Found 11 of over 11 reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent Oldest First 3.4 54 % Recommend to a Friend 43 % Approve of CEO Dwayne Hyzak 2 Ratings Companies can't alter or remove reviews. Main Street has $185 million of unsecured debt maturing in December 2022. Privately-held businesses turn to us because we are Main Street, not Wall Street--we build relationships and tailor transactions to meet the unique needs of our portfolio companies and their owners. Robs real estate endeavors include multifamily developments, single-family home acquisition partnerships, a significant adaptive reuse project, and managing the renovation/preservation of a historically significant 100-year-old Minneapolis, MN estate home. Concrete, Inc. (NASDAQ CM: USCR) from 1999 until 2010, Carriage Services, Inc. (NYSE: CSV) from 1999 to 2011, HMS Income Fund, Inc., a non-publicly traded business development company of which MSC Adviser I, LLC, our wholly owned subsidiary, acted as the investment sub adviser, from 2012 until 2013, and Team, Inc. (NYSE: TISI) from 2005 until 2017. Mr. Happe holds a BA in Business with graduate studies in economics and management. Committed to creating value and building long-term relationships. We offer entrepreneurs, business owners and management teams a number of unique advantages to help each business realize its full potential and generate wealth for the owners and management teams. Data delayed 11% of Main Street Capital's management is Black or African American. Mr. Bendick was a Summer Analyst with Main Street in 2021. in Accounting. President, Main Street Asset Solutions, Inc. Saprina is a nationally recognized expert in mortgage and trust deed investing. Grant Lund is a Senior Associate on our Lower Middle Market investment team and has been with the firm in various roles since 2018. His responsibilities include originating and executing on new investments for the firm. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". We also use third-party cookies that help us analyze and understand how you use this website. The Funds investment objective is to generate both current income and capital appreciation for its investors. We are focused on attracting, developing and retaining talent for our investment teams and corporate staff by offering our team members the opportunity for professional development in an entrepreneurial work environment. Business Development and Marketing Senior Associate. Clayton Reese has experienced a distinguished 27-year career in all aspects of Nationwide Commercial Real Estate Finance including; acquisitions of performing and non-performing loan portfolios . Copyright 2023. Rob grew up in North Dakota and is a small-town guy at heart. Main Streets strategic support coupled with their approach to promote senior managements operational autonomy have helped shape our growth trajectory. MAIN earnings call for the period ending June 30, 2022. Dennis also worked as a Senior Consultant at Deloitte & Touche LLP in their Pittsburgh office. Main Street is an investment firm that provides a unique alternative to traditional private equity firms. Mr. Beauvais also serves as Executive Vice President, General Counsel, Chief Compliance Officer and Secretary of MSC Income Fund, Inc., a business development company (BDC) that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. Main St Business Capital management is committed to uphold the highest standards of professionalism for all team members and customers. Main Street, along with its co-investor, partnered with the Company's existing owners and management team tofacilitatethetransaction,withMainStreet funding$22.0million in a combination of first-lien, senior secured term debt and a directminority equity investment. Mr. Tucker received a Masters in Professional Accounting degree from the University of Texas at Austin, and a B.S. MAIN has a NAV of $25.39, and with its share price of $42.21, this seems like a large premium considering the rest. Previously, he also served as a director of U.S. His responsibilities include originating and executing on new investments for the firm. Main Street, through its wholly owned portfolio company MSC Adviser I, LLC ("MSC Adviser"), also maintains an asset management business through which it manages investments for external parties. Mr. Fox graduated summa cum laude from Texas A&M University receiving his Master of Science in Finance and a B.B.A. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Krissie earned a BA in Economics from the University of California, San Diego and an MBA in Finance from University of California, Davis. As a past Limited Market Dealer in securities, selling exempt market offerings, I continue to offer consulting services through my previously licensed company, Sentron Capital Group Inc.. Complimenting that service, I currently hold my mortgage license specializing in all forms of commercial mortgage financing through DLC Main Street Financial. Mr. Arreola joined Main Street in 2023. Mr. Dace supports our investment team with the evaluation of new investment opportunities and assists in investment underwriting, due diligence and documentation of new investments and the post-investment management of a portfolio of lower middle market companies. MaineHealth consists of nine local hospital systems, a comprehensive behavioral healthcare network, diagnostic services, home health agencies, and more than 1,500 employed and independent physicians working together through the MaineHealth Medical Group. I have experience working across many sectors including . F: 713-350-6042, Dwayne L. Hyzak Chief Executive Officer T: 713-350-6013 dhyzak@mainstcapital.com, Jesse Morris Chief Financial Officer & Chief Operating Officer T: 713-350-9221 jmorris@mainstcapital.com. Prior to our IPO in 2007, Mr. Magdol served as a Senior Managing Director and other executive positions of several Main Street predecessor funds and entities, which are now our subsidiaries. The company was created to combine the talents, experience, project pipelines, and relationships the three founders developed over the previous thirty years in community development, investment, and fund management. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Mr. Arreola is also responsible for managing a portfolio of Lower Middle Market investments and assists those companies with various strategic initiatives, capital raises and M&A activity. Mr. Arreola holds a BS in Industrial and Systems Engineering from the Instituto Tecnologico de Estudios Superiores de Monterrey (ITESM) in Monterrey, Mexico and an MBA from the Harvard Business School. He previously served as a director of Basic Energy Services, Inc. (NYSE: BAS), a provider of well-site services in the United States to oil and natural gas drilling and producing companies, from December 2016 until December 2021, and was a member of the compensation committee and the chair of the audit committee of Basic Energy Services, Inc. The Company has a broad portfolio of innovative and patented products including headlamps, flashlights, utility and safety lights, lanterns and work lights. It is a part of Columbus City Schools.It was originally constructed in 1922. It does not store any personal data. Fitch Ratings - New York - 03 Apr 2023: Fitch Ratings has affirmed Main Street Capital Corporation's Long-Term Issuer Default Rating (IDR), secured debt rating and unsecured debt at 'BBB-'. Main Street Capital NII of $1.03 beats by $0.15, Total investment income of $113.88M beats by $6.57M. Juan Juarez is an Analyst on Main Street's Lower Middle Market team. Analytical cookies are used to understand how visitors interact with the website. Main Street's portfolio investments are typically made to support management, and acquisitions of companies that operate in diverse industry sectors. Vincent Foster is our Executive Chairman and the Chairman of our Board of Directors. Main Street Capital Corporation1300 Post Oak Blvd, 8th Floor, Houston, TX 77056 Together, the founders created Main Street Community Capital to bring transformative development to Americas once great, now underutilized, Main Streets. Image source: The Motley Fool. Fourth Quarter 2022 Highlights Net investment income of $75.9 million (or $0.98 per share) Dickinson School of Law of the Pennsylvania State University - J.D. Our two partners will be involved with each investment at every step in the process. Mr. Magdol joined Main Street in 2002, becoming one of the founding members of the firm. Mr. Magdol also serves as the President and Chief Investment Officer of MSC Income Fund, Inc., a business development company that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. Website https://mainstreetcapre.com/. Prior to October 30, 2020, Main Street served as the Funds sub-adviser. I am a credit analyst / credit risk manager with over 30 years of experience (in the U.K., Ireland, Poland and Germany): <br> 1. Main Street Capital Executives by Race Management Team: The most common ethnicity among Main Street Capital executive officers is White. Ms. Smith was a Summer Analyst with Main Street in 2021. Saprina is a sought-after speaker and readily shares her knowledge and experience. Ron has a 40 year history of entrepreneurship having started or bought, grown and sold ten companies; two publicly traded. Bucknell University - B.A. Ms. Kronlokken graduated summa cum laude from Baylor University receiving a Bachelor of Business Administration in Accounting, Business Fellows, Finance, and Mathematics. Mr. Arreola is also responsible for managing a portfolio of Lower Middle Market investments and assists those companies with various strategic initiatives, capital raises and M&A activity. Main Street Capital Corporation (MSCC) is a principal investment firm, which is primarily focused on providing customized debt and equity financing to lower middle market (LMM) companies and debt . Portfolio Activity generate both current income and Capital appreciation for its investors 1.03 beats $. Mr. Happe holds a BA in Business with graduate studies in economics and management debt... The website and is a sought-after speaker and readily shares her knowledge and experience that operate in industry. Foster is our President and Chief investment Officer at Austin, and due-diligence related.... 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