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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Main Street Capital Completes $34.3MM Investment in Elgin Industries
Wednesday, October 26, 2022
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Lenders/Participants
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Main Street Capital [Lender]
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Structure
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First-lien, Senior Secured Term Debt, Direct Equity Investment
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Amount
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$34.300
Million
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Borrower(s)
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Elgin Industries, Inc.
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Description
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Main Street, along with its co-investors, partnered with the Company’s existing owners and management team to facilitate the transaction, with Main Street funding $34.3 million in a combination of first lien, senior secured term debt and a direct equity investment. Main Street and one of its co-investors also provided Elgin with a revolving line of credit to support the Company’s future growth initiatives and working capital needs.
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Industry
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Automotive
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Location
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IL
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| Related Tags |
Main Street Capital
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ABL Advisor
Deal Tables
2025
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