M&A Deal Summary

Main Street Capital Acquires Financial Risk group

On September 23, 2025, private equity firm Main Street Capital acquired financial services company Financial Risk group

Acquisition Highlights
  • This is Main Street Capital’s 4th transaction in the Financial Services sector.
  • This is Main Street Capital’s 143rd transaction in the United States.
  • This is Main Street Capital’s 3rd transaction in North Carolina.

M&A Deal Summary

Date 2025-09-23
Target Financial Risk group
Sector Financial Services
Buyer(s) Main Street Capital
Deal Type Recapitalization

Target

Financial Risk group

Cary, North Carolina, United States
Financial Risk group is a risk management firm providing technology-enabled advisory, implementation, and software solutions. Its offerings include software selection and implementation, data management advisory, analytics support, and cloud-based managed services powered by its proprietary risk-modeling platform. The company serves a broad range of blue-chip domestic and international financial institutions, insurance companies, and other commercial customers. Financial Risk group was founded in 2006 and is based in Cary, North Carolina.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 143 of 144
Sector: Financial Services M&A 4 of 4
Type: Recapitalization M&A Deals 61 of 61
State: North Carolina M&A 3 of 3
Country: United States M&A 143 of 144
Year: 2025 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-22 Doral

Milwaukee, Wisconsin, United States

Doral provides rigging, millwrighting, machinery moving, steel fabrication, and material handling installation services to customers across industries such as logistics, construction, food and beverage, and wastewater. Doral was founded in 1972 and is based in Milwaukee, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-12 Binswanger Glass

Memphis, Tennessee, United States

Binswanger Glass provides residential and commercial glass installation, repair, and replacement services across the United States. The Company offers products and services such as curtain walls, storefronts, shower enclosures, custom mirrors, and window repair for projects ranging from small residential jobs to large-scale commercial glazing. Binswanger Glass was founded in 1872 and is headquartered in Memphis, Tennessee.

Sell -