Assuming those notes were refinanced with secured borrowings, the unsecured funding . Mr. Hyzak also serves as a member of Main Street's management team's investment and executive committees. 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. When we issue a term sheet or letter of intent, there are no financing contingencies or uncertainties other than completing our diligence and legal documentation. Juan Juarez is an Analyst on Main Street's Lower Middle Market team. All Rights Reserved. Main Street Capital ( MAIN 1.03%) Q2 2022 Earnings Call. Involved in hospitality developments from the Caribbean to New York City, including a $290 million redevelopment project of the iconic Novatel Times Square hotel, Rachie has negotiated and executed purchase and sale agreements, secured financing, and executed development plans. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry . While at BKD, Mr. Fritz provided buy-side and sell-side financial due diligence for private equity and strategic clients. He is founding partner of Happe Reid, PC, Attorneys at Law located in Fair Oaks, California. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Feb 24, 2023, 10:00 a.m. Previously, he managed a portfolio of private equity investments for the McMullen Group, a private investment firm/family office capitalized by Dr. John J. McMullen, the former owner of the New Jersey Devils and the Houston Astros. Before joining Main Street, Mr. Fox, a certified public accountant, worked for PricewaterhouseCoopers as a Senior in their Private Company Services Group. Similarly, it shows return on stockholders equity (ROE) of 0.1254 %, meaning that it created $0.1254 on every $100 dollars invested by stockholders.Main Street management efficiency ratios . After the acquisition, Ms. Shive served as Senior Vice President of TEGNA Inc., formerly Gannett Co., Inc. (NYSE: TGNA, formerly GCI), a broadcast and digital media company, until 2017. Main Street Capital Partners. Prior to joining Quanta, Mr. Morris served in various financial and accounting positions of increasing responsibility with Sysco Corporation (NYSE:SYY) including as Vice President and Chief Financial Officer Foodservice Operations and Vice President of Finance and Chief Financial Officer Broadline Operations. Mr. Magdol also serves as a member our management teams executive and investment committees. (Really!) Mr. Griffins investment banking experience consists primarily of executing and originating mergers and acquisitions and corporate finance transactions. 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. This cookie is set by GDPR Cookie Consent plugin. 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. 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. Founded in 2018 and headquartered in San Diego, California, Infinity (www.infinityx1.com) designs, manufactures and distributes branded and private label portable lighting products. Kevin Dooley has served as a Senior Associate since 2022 and has been with Main Street in various roles since joining in 2018. Mr. Lane joined Comfort Systems in October 2003 and served as Vice President and then Senior Vice President for Region One until he was named Executive Vice President and Chief Operating Officer in January 2009. His responsibilities include originating and executing on new investments for the firm. Previously, he also served as a director of U.S. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. What is Main Street Capital's dividend payout ratio? Prior to Main Street, Mr. Dace was a Senior Associate at Energy Spectrum Capital. This site is protected by hCaptcha and its. (Click Photo for Bio) Paul J. Kilgallon, Managing Partner Peter B. Tonon, Sr., Partner David A. Warren, Partner Joseph A. DiMario, Partner Tamar Z. Jacobs, Partner Abe Ibrahim, Controller Bea Green, Admin. 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. While Main Street's middle market debt investments are made in businesses that are generally larger in size. 4.4K views, 492 likes, 147 loves, 70 comments, 48 shares, Facebook Watch Videos from NET25: Mata ng Agila International | April 11, 2023 Grant Lund is a Senior Associate on our Lower Middle Market investment team and has been with the firm in various roles since 2018. Copyright 2023. Mr. Magdol began his career in the structured finance services group of JP Morgan Chase. ET. Mr. Juarez graduated magna cum laude from the University of Houston's C. T. Bauer College of Business, receiving a Bachelor of Business Administration in Finance and Accounting. Our executive leadership team has over 100 years of combined experience across a wide variety of industries. This cookie is set by GDPR Cookie Consent plugin. All Rights Reserved. Mr. Morris is also responsible for originating and executing on new investments for the firm. As of March 31, 2023, Main Street's private loan portfolio included total investments at cost of approximately $1.5 billion across 86 unique borrowers. 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-'. What you see here scratches the surface 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. Mr. Foster assumed the role of Executive Chairman in November 2018, after previously serving as our Chief Executive Officer since our IPO in 2007. MSC has financed properties throughout the Nation within a wide variety of programs and. Bucknell University - B.A. A seasoned institutional investor, we partner with existing management teams, entrepreneurs and business owners to facilitate management buyouts, majority and minority recapitalizations, growth financings and acquisitions. Member of the Board and Chief Executive Officer. In this position, he oversaw the accounting, treasury, tax and financial planning and analysis activities and led Quantas public-private partnership (P3) concession and private infrastructure investment activities. Mr. Dace began his career as an Analyst at Goldman Sachs in the Global Natural Resources investment banking group. Mr. Lund supports our investment team with the evaluation of new investment opportunities and assists with investment underwriting, due diligence, and documentation of new investments and the post-investment management of a portfolio of Lower Middle Market companies. The Fund has elected to be regulated as a business development company (BDC). 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. It was very behavioral and they talked a lot about who they are, what they do, and what you will be doing as an intern. The Rating Outlook on the Long-Term IDR is Stable. I applied through a recruiter. Main Street Capital Corporation is a specialty investment company providing customized financing solutions to lower middle market companies which operate in diverse industry sectors. The interview process was much more relaxed and conversational than other interviews. He served as a director of Hanover Compressor Company (Hanover), now known as Exterran Corporation (NYSE: EXTN) and Archrock, Inc. (NYSE: AROC), from July 2004 until May 2010. ET MAIN earnings call for the period ending June 30,. 72% of the management team is White. MSC Income Fund (the Fund) is a principal investment fund that provides debt and equity financing solutions primarily to private U.S. companies. It does not store any personal data. For more information about Main Street, visit www.mainstcapital.com - however, the contents of Main Street's website are not and should not be deemed to be incorporated by reference herein. He joined BMC in September 1991 as Assistant Treasurer and became Treasurer the following year. SA NewsThu, Feb. 23 28 Comments. Main Street has provided KMCs team with a long-term strategic partner that is well aligned with the core values and growth plans for the business while allowing additional members of management to invest in the business, strengthening our teams alignment and focus on future growth. Prior to joining BMC, he was employed by Arthur Andersen as a certified public accountant. 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. By benefiting the borrower, we've found the best value for the assets can be achieved. Market Data copyright 2023 QuoteMedia. 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. Since October 30, 2020, the Fund has been externally managed by a wholly-owned subsidiary of Main Street Capital Corporation (Main Street), a publicly-traded BDC (NYSE: MAIN). Renovation work at East High School was completed in December 2008. Committed to creating value and building long-term relationships. As an undergraduate, Mr. Vallejo served on Texas A&Ms Maroon Fund a $300,000 student driven, angel investment fund. CEO. Our desire is to . 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. 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. While at FTI, John spent time on public restructurings, valuations, and due-diligence related engagements. Website. He was promoted to the role of President in November 2018 and has served as Chief Investment Officer since 2011. Join our network of registered note buyers to get notified when new note opportunities become available. Copyright 2023. 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