Main Street Capital Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Main Street Capital has acquired 20 companies. It has also invested in 3 others.

Main Street Capital’s most common sectors for investment arebusiness services (13%) and manufacturing (8%) . The Firm’s most common investment types include recapitalization (42%) and growth capital (25%). In total, Main Street Capital has invested in 35 US states. Its largest (disclosed) acquisition occurred in 2023 when it acquired Ira Green for $53M.

In the last 3 years, Main Street Capital has exited 3 companies. The Firm’s most common exit type is trade sale (46%). Main Street Capital’s largest (disclosed) exit occurred in 2017 when it sold Compact Power Equipment Centers for $265M.

Join Mergr to view Main Street Capital’s full profile and discover more large private equity firm investors just like it.

M&A Summary

M&A Total Activity180
- M&A Buy Activity136
- M&A Sell Activity44
Total Sectors Invested 41
Total Countries Invested 1
M&A Buy/Sell Connections 40

Main Street Capital

Main Street Capital Corp.

Transaction Criteria	Min	Max
Target Revenue	10	150
Target EBITDA	3	20
Investment Size	5	75
Enterprise Value	-	-
values in millions of USD

Transaction Criteria

Min

Max

Target Revenue

150

Target EBITDA

Investment Size

Enterprise Value

values in millions of USD

Year	≤ '19	'20	'21	'22	'23	'24	T
Buy (5.8/yr)	#	107	6	12	7	4	-	136
vol	$132M	$107M	$179M	$25M	$53M		$495M
Sell (1.2/yr)	#	38	3	3	-	-	-	44
vol	$446M						$446M
	180

Year

≤ '19

'20

'21

'22

'23

'24

Buy (5.8/yr)

107

136

vol

$132M

$107M

$179M

$25M

$53M

$495M

Sell (1.2/yr)

vol

$446M

180

Company	Date	Value	Type
Elgin Industries	2023-10-26	-	Growth Capital
Elgin, Illinois · www.elginind.com
Ira Green, Inc.	2023-06-28	53M USD	Secondary Buyout
Providence, Rhode Island · www.iragreen.com
Cybermedia Technologies, Inc.	2023-05-18	-	Growth Capital
Reston, Virginia · www.ctec-corp.com
Infinity X1 LLC	2023-04-28	-	Recapitalization
San Diego, California · www.infinityx1.com
World Micro Components LLC	2022-12-20	-	Recapitalization
Roswell, Georgia · www.worldmicro.com
MetalForming, Inc.	2022-10-27	-	Recapitalization
Peachtree City, Georgia · www.metalforming-usa.com
Artifact Uprising LLC	2022-07-07	-	Recapitalization
Denver, Colorado · www.artifactuprising.com
Jorgensen Laboratories LLC	2022-03-31	-	Recapitalization
Loveland, Colorado · www.jorvet.com
Batjer & Associates LLC	2022-03-15	-	Recapitalization
Abilene, Texas · www.batjerandassociates.com
Robbins Brothers Jewelry, Inc.	2022-01-13	-	Secondary Buyout
Azusa, California · www.robbinsbrothers.com
View All >>

Company

Date

Value

Type

Elgin Industries

2023-10-26

Growth Capital

Elgin, Illinois · www.elginind.com

Ira Green, Inc.

2023-06-28

53M USD

Secondary Buyout

Providence, Rhode Island · www.iragreen.com

Cybermedia Technologies, Inc.

2023-05-18

Growth Capital

Reston, Virginia · www.ctec-corp.com

Infinity X1 LLC

2023-04-28

Recapitalization

San Diego, California · www.infinityx1.com

World Micro Components LLC

2022-12-20

Recapitalization

Roswell, Georgia · www.worldmicro.com

MetalForming, Inc.

2022-10-27

Recapitalization

Peachtree City, Georgia · www.metalforming-usa.com

Artifact Uprising LLC

2022-07-07

Recapitalization

Denver, Colorado · www.artifactuprising.com

Jorgensen Laboratories LLC

2022-03-31

Recapitalization

Loveland, Colorado · www.jorvet.com

Batjer & Associates LLC

2022-03-15

Recapitalization

Abilene, Texas · www.batjerandassociates.com

Robbins Brothers Jewelry, Inc.

2022-01-13

Secondary Buyout

Azusa, California · www.robbinsbrothers.com

View All >>

Company	Acquired	Add-On/Sale	Date	#
Hawk Ridge Systems LLC	2016-12-07	Adaptive Corporation - Additive Manufacturing Technology	2021-09-14	8
Mountain View, California · www.hawkridgesys.com	Hudson, Ohio

Company

Acquired

Add-On/Sale

Date

Hawk Ridge Systems LLC

2016-12-07

Adaptive Corporation - Additive Manufacturing Technology

2021-09-14

Mountain View, California · www.hawkridgesys.com

Hudson, Ohio

Sector	Current #	Value	All-time #	Value
Business Services	12 (16%)	111M (25%)	17 (13%)	111M (22%)
Manufacturing	6 (8%)	-	10 (7%)	-
Software	4 (5%)	-	9 (7%)	-
Consumer Products	7 (10%)	85M (19%)	8 (6%)	85M (17%)
Retail	5 (7%)	94M (21%)	7 (5%)	94M (19%)
Distribution	4 (5%)	-	7 (5%)	-
Machinery	3 (4%)	-	7 (5%)	-
Energy Services and Equipment	3 (4%)	-	6 (4%)	-
Information Technology	4 (5%)	-	6 (4%)	-
Medical Products	2 (3%)	-	4 (3%)	16M (3%)
Electrical Equipment	2 (3%)	-	4 (3%)	-
Transportation	2 (3%)	41M (9%)	3 (2%)	41M (8%)
Marketing	2 (3%)	20M (5%)	3 (2%)	20M (4%)
Building Materials	2 (3%)	-	3 (2%)	-
Communications	-	-	3 (2%)	-
Financial Services	1 (1%)	-	3 (2%)	-
Internet Software and Services	1 (1%)	-	3 (2%)	-
Staffing	1 (1%)	-	3 (2%)	-
Construction	1 (1%)	26M (6%)	2 (1%)	26M (5%)
Automotive	1 (1%)	-	2 (1%)	-
Chemicals	1 (1%)	-	2 (1%)	-
Education	1 (1%)	-	2 (1%)	-
Electronics	1 (1%)	-	2 (1%)	-
Forest Products	-	-	2 (1%)	-
Restaurants	2 (3%)	-	2 (1%)	-
Food	1 (1%)	41M (9%)	1 (1%)	41M (8%)
Utilities	1 (1%)	32M (7%)	1 (1%)	32M (6%)
Environmental	-	-	1 (1%)	25M (5%)
Aerospace	-	-	1 (1%)	5M (1%)
Airlines	-	-	1 (1%)	-
Consumer Services	1 (1%)	-	1 (1%)	-
Furniture	-	-	1 (1%)	-
Healthcare Services	-	-	1 (1%)	-
Information Services	-	-	1 (1%)	-
Insurance	-	-	1 (1%)	-
Marine	-	-	1 (1%)	-
Media	-	-	1 (1%)	-
Oil/Gas Exploration	1 (1%)	-	1 (1%)	-
Packaging	-	-	1 (1%)	-
Publishing	1 (1%)	-	1 (1%)	-
Real Estate	-	-	1 (1%)	-
Total	73	$449M	136	$495M

Sector

Current #

Value

All-time #

Value

Business Services

12 (16%)

111M (25%)

17 (13%)

111M (22%)

Manufacturing

6 (8%)

10 (7%)

Software

4 (5%)

9 (7%)

Consumer Products

7 (10%)

85M (19%)

8 (6%)

85M (17%)

Retail

5 (7%)

94M (21%)

7 (5%)

94M (19%)

Distribution

4 (5%)

7 (5%)

Machinery

3 (4%)

7 (5%)

Energy Services and Equipment

3 (4%)

6 (4%)

Information Technology

4 (5%)

6 (4%)

Medical Products

2 (3%)

4 (3%)

16M (3%)

Electrical Equipment

2 (3%)

4 (3%)

Transportation

2 (3%)

41M (9%)

3 (2%)

41M (8%)

Marketing

2 (3%)

20M (5%)

3 (2%)

20M (4%)

Building Materials

2 (3%)

3 (2%)

Communications

3 (2%)

Financial Services

1 (1%)

3 (2%)

Internet Software and Services

1 (1%)

3 (2%)

Staffing

1 (1%)

3 (2%)

Construction

1 (1%)

26M (6%)

2 (1%)

26M (5%)

Automotive

1 (1%)

2 (1%)

Chemicals

1 (1%)

2 (1%)

Education

1 (1%)

2 (1%)

Electronics

1 (1%)

2 (1%)

Forest Products

2 (1%)

Restaurants

2 (3%)

2 (1%)

Food

1 (1%)

41M (9%)

1 (1%)

41M (8%)

Utilities

1 (1%)

32M (7%)

1 (1%)

32M (6%)

Environmental

1 (1%)

25M (5%)

Aerospace

1 (1%)

5M (1%)

Airlines

1 (1%)

Consumer Services

1 (1%)

Furniture

1 (1%)

Healthcare Services

1 (1%)

Information Services

1 (1%)

Insurance

1 (1%)

Marine

1 (1%)

Media

1 (1%)

Oil/Gas Exploration

1 (1%)

Packaging

1 (1%)

Publishing

1 (1%)

Real Estate

1 (1%)

Total

$449M

136

$495M

State/Country	Current #	Value	All-time #	Value
United States	73 (100%)	449M (100%)	136 (100%)	495M (100%)
	Texas	19 (26%)	5M (1%)	42 (31%)	10M (2%)
	California	8 (11%)	93M (21%)	12 (9%)	93M (19%)
	Colorado	4 (5%)	52M (12%)	12 (9%)	52M (10%)
	Georgia	3 (4%)	26M (6%)	5 (4%)	42M (8%)
	Arizona	3 (4%)	-	5 (4%)	-
	Ohio	2 (3%)	25M (6%)	4 (3%)	25M (5%)
	Oregon	2 (3%)	-	4 (3%)	-
	Louisiana	1 (1%)	-	4 (3%)	-
	Connecticut	3 (4%)	73M (16%)	3 (2%)	73M (15%)
	Kansas	2 (3%)	42M (9%)	3 (2%)	42M (9%)
	Wisconsin	2 (3%)	-	3 (2%)	-
	Illinois	2 (3%)	-	3 (2%)	-
	Tennessee	1 (1%)	-	3 (2%)	25M (5%)
	South Carolina	1 (1%)	-	3 (2%)	-
	New York	2 (3%)	-	2 (1%)	-
	Minnesota	2 (3%)	-	2 (1%)	-
	Michigan	2 (3%)	-	2 (1%)	-
	Idaho	2 (3%)	-	2 (1%)	-
	Rhode Island	1 (1%)	53M (12%)	2 (1%)	53M (11%)
	New Jersey	1 (1%)	-	2 (1%)	-
	Nevada	1 (1%)	-	2 (1%)	-
	Indiana	1 (1%)	-	2 (1%)	-
	Florida	-	-	2 (1%)	-
	Washington	1 (1%)	49M (11%)	1 (1%)	49M (10%)
	Maryland	1 (1%)	33M (7%)	1 (1%)	33M (7%)
	Virginia	1 (1%)	-	1 (1%)	-
	North Carolina	1 (1%)	-	1 (1%)	-
	Nebraska	1 (1%)	-	1 (1%)	-
	Missouri	1 (1%)	-	1 (1%)	-
	Delaware	1 (1%)	-	1 (1%)	-
	Arkansas	1 (1%)	-	1 (1%)	-
	Utah	-	-	1 (1%)	-
	Massachusetts	-	-	1 (1%)	-
	Kentucky	-	-	1 (1%)	-
	Alaska	-	-	1 (1%)	-
Total	73	$449M	136	$495M

State/Country

Current #

Value

All-time #

Value

United States

73 (100%)

449M (100%)

136 (100%)

495M (100%)

Texas

19 (26%)

5M (1%)

42 (31%)

10M (2%)

California

8 (11%)

93M (21%)

12 (9%)

93M (19%)

Colorado

4 (5%)

52M (12%)

12 (9%)

52M (10%)

Georgia

3 (4%)

26M (6%)

5 (4%)

42M (8%)

Arizona

3 (4%)

5 (4%)

Ohio

2 (3%)

25M (6%)

4 (3%)

25M (5%)

Oregon

2 (3%)

4 (3%)

Louisiana

1 (1%)

4 (3%)

Connecticut

3 (4%)

73M (16%)

3 (2%)

73M (15%)

Kansas

2 (3%)

42M (9%)

3 (2%)

42M (9%)

Wisconsin

2 (3%)

3 (2%)

Illinois

2 (3%)

3 (2%)

Tennessee

1 (1%)

3 (2%)

25M (5%)

South Carolina

1 (1%)

3 (2%)

New York

2 (3%)

2 (1%)

Minnesota

2 (3%)

2 (1%)

Michigan

2 (3%)

2 (1%)

Idaho

2 (3%)

2 (1%)

Rhode Island

1 (1%)

53M (12%)

2 (1%)

53M (11%)

New Jersey

1 (1%)

2 (1%)

Nevada

1 (1%)

2 (1%)

Indiana

1 (1%)

2 (1%)

Florida

2 (1%)

Washington

1 (1%)

49M (11%)

1 (1%)

49M (10%)

Maryland

1 (1%)

33M (7%)

1 (1%)

33M (7%)

Virginia

1 (1%)

North Carolina

1 (1%)

Nebraska

1 (1%)

Missouri

1 (1%)

Delaware

1 (1%)

Arkansas

1 (1%)

Utah

1 (1%)

Massachusetts

1 (1%)

Kentucky

1 (1%)

Alaska

1 (1%)

Total

$449M

136

$495M

Type	Current #	Value	All-time #	Value
Recapitalization	43 (59%)	356M (79%)	56 (41%)	356M (78%)
Growth Capital	9 (12%)	-	33 (24%)	-
Buyout (LBO, MBO, MBI)	11 (15%)	41M (9%)	30 (22%)	46M (10%)
Secondary Buyout	9 (12%)	53M (12%)	12 (9%)	53M (12%)
Acquisition Financing	-	-	2 (1%)	-
Divestiture	1 (1%)	-	1 (1%)	-
PIPE	-	-	1 (1%)	-
Stake Purchase	-	-	1 (1%)	-
Total	73	$449M	136	$455M

Type

Current #

Value

All-time #

Value

Recapitalization

43 (59%)

356M (79%)

56 (41%)

356M (78%)

Growth Capital

9 (12%)

33 (24%)

Buyout (LBO, MBO, MBI)

11 (15%)

41M (9%)

30 (22%)

46M (10%)

Secondary Buyout

9 (12%)

53M (12%)

12 (9%)

53M (12%)

Acquisition Financing

2 (1%)

Divestiture

1 (1%)

PIPE

1 (1%)

Stake Purchase

1 (1%)

Total

$449M

136

$455M

Type	Total #	Value
Secondary Sale	12 (27%)	165M (37%)
Trade Sale	12 (27%)	-
Trade Sale - Public Company	8 (18%)	276M (62%)
Unknown	5 (11%)	5M (1%)
IPO	2 (5%)	-
Merger	2 (5%)	-
Recapitalization	2 (5%)	-
Sold to Management	1 (2%)	-
Total	44	$446M

Type

Total #

Value

Secondary Sale

12 (27%)

165M (37%)

Trade Sale

12 (27%)

Trade Sale - Public Company

8 (18%)

276M (62%)

Unknown

5 (11%)

5M (1%)

IPO

2 (5%)

Merger

2 (5%)

Recapitalization

2 (5%)

Sold to Management

1 (2%)

Total

$446M

buy	#	Total
< $100M	17	$495M
TOTAL	$495M
Largest	Ira Green, Inc. $53M (2023-06-28)

buy

Total

< $100M

$495M

TOTAL

$495M

Largest

Ira Green, Inc.
$53M (2023-06-28)

sell	#	Total
$100M to $1B	2	$430M
< $100M	2	$16M
TOTAL	$446M
Largest	Compact Power Equipment Centers LLC $265M (2017-07-06)

sell

Total

$100M to $1B

$430M

< $100M

$16M

TOTAL

$446M

Largest

Compact Power Equipment Centers LLC
$265M (2017-07-06)

		Deals
Acquired from
Investor(s)	10%	13 (10%)
Strategic(s)	1%	1 (1%)
Exited to
Investor(s)	32%	14 (32%)
Strategic(s)	48%	21 (48%)

Deals

Acquired from

Investor(s)

13 (10%)

Strategic(s)

1 (1%)

Exited to

Investor(s)

14 (32%)

Strategic(s)

21 (48%)

FAQ

When was Main Street Capital founded?

Main Street Capital was founded in 1997.

What type of investor is Main Street Capital?

Main Street Capital is a private equity firm.

Where is Main Street Capital headquartered?

Main Street Capital is headquartered in Houston, Texas.

How much capital does Main Street Capital have under management?

Main Street Capital has 3.0B USD under management.

Main Street Capital Mergers and Acquisitions Summary

Private Equity Firm Profile

M&A Summary