Follow-On Offering

Technology & Services
Follow-On Offering

Summary

Baird served as a senior co-manager in this offering.

About

Main Street Capital Corporation (NYSE: MAIN) (“Main Street” or the “Company”) recently completed a follow-on offering of 4,312,500 shares of its common stock at $22.50 per share, generating gross proceeds of approximately $97.0 million, including full exercise of the over-allotment option. Main Street intends to use the net proceeds from this offering, including the net proceeds from the exercise of the underwriters' over-allotment option, to make portfolio investments in accordance with its investment objective and strategies, to make investments in marketable securities and idle funds investments, to repay outstanding debt borrowed under its credit facility, to pay operating expenses and other cash obligations, and for general corporate purposes.

Main Street 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. 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. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street's middle market debt investments are in middle market businesses that are generally larger in size than its lower middle market portfolio companies.

For additional information about this transaction, please contact:

Mark Micklem (703) 821-5787
Paul Egge (703) 918-7816
Gary Placek (414) 765-3611
Technology & Services
Follow-On Offering
Date
June 2012
Company
Main Street Capital Corporation
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

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