M&A Deal Summary

Main Street Capital Acquires Superior

On September 2, 2020, private equity firm Main Street Capital acquired construction company Superior for 26M USD

Acquisition Highlights
  • This is Main Street Capital’s 2nd transaction in the Construction sector.
  • This is Main Street Capital’s 9th largest (disclosed) transaction.
  • This is Main Street Capital’s 113th transaction in the United States.
  • This is Main Street Capital’s 3rd transaction in Georgia.

M&A Deal Summary
Date 2020-09-02
Target Superior
Sector Construction
Buyer(s) Main Street Capital
Deal Type Recapitalization
Deal Value 26M USD

Target

Superior

Atlanta, Georgia, United States
Superior offers nationwide services including crane rental, specialized rigging, steel erection, steel fabrication and more. Superior was founded in 1951 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Main Street Capital

Houston, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Main Street Capital Holdings is a public investment firm that invests in mid-market companies to support ownership transitions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. Main Street looks for businesses opearting in basic industries with positive cash-flow and and defensible competitive advantages. Main Street generally invests $5 to $75 million in companies with $10 to $150 million of revenue and EBITDA of $3 to $20 million. Investments are usually in the form of term debt and/or direct equity. Main Street Capital Corporation was formed in 1997 and is based in Houston, Texas.

DEAL STATS #
Overall 113 of 137
Sector (Construction) 2 of 2
Type (Recapitalization) 39 of 56
State (Georgia) 3 of 5
Country (United States) 113 of 137
Year (2020) 6 of 6
Size (of disclosed) 9 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-24 IDX

Eugene, Oregon, United States

IDX LLC is a software as a service (SaaS) digital marketing solution for real estate professionals. The Company gives real estate professionals a high-quality and cost effective digital marketing channel which allows them to turn prospective customers into paying customers. The company's platform is personalized and highly customizable with integrated data and provides back-end analytics for real estate agents. IDX was formed in 2004 and is based in Eugene, Oregon.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-21 River Aggregates

Cleveland, Texas, United States

River Aggregates LLC is an independent sand and gravel producer. River Aggregates was founded in 2011 and is based in Cleveland, Texas.

Sell -
Mergr

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