He previously served as a director of Basic Energy Services, Inc. (NYSE: BAS), a provider of well-site services in the United States to oil and natural gas drilling and producing companies, from December 2016 until December 2021, and was a member of the compensation committee and the chair of the audit committee of Basic Energy Services, Inc. What you can expect with Main Street as your capital partner: Flexible and Long-term Capital Customizable equity and debt mix Not restricted by traditional institutional private equity fund requirements or investment timelines for exit Operational Autonomy Management teams stay in control of day-to-day operations Mr. Dace began his career as an Analyst at Goldman Sachs in the Global Natural Resources investment banking group. 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. Prior to co-founding Main Street, Mr. Foster, a certified public accountant, had a 19-year career with Arthur Andersen, where he was a partner from 1988 to 1997. Their operational support allowed us to make a key hire to bolster the executive team and add productive external board members. ET MAIN earnings call for the period ending June 30,. Prior to October 30, 2020, Main Street served as the Funds sub-adviser. 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. Mr. Magdol also serves as the President and Chief Investment Officer of MSC Income Fund, Inc., a business development company that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. All Rights Reserved. For more information about Main Street, visit, Finance, Legal, Compliance and Accounting. Company-wide: Committed to creating value and building long-term relationships. Before that, Mr. Beauvais practiced corporate and securities law at Baker Botts L.L.P., where he primarily counseled companies in public issuances and private placements of debt and equity and handled a wide range of general corporate and securities matters as well as mergers and acquisitions. Fidelity. Contacts:Main Street Capital CorporationDwayne L. Hyzak, CEO, dhyzak@mainstcapital.comJesse E. Morris, CFO & COO, jmorris@mainstcapital.com 713-350-6000, Dennard Lascar Investor RelationsKen Dennard | ken@dennardlascar.comZach Vaughan | zvaughan@dennardlascar.com713-529-6600, View original content:https://www.prnewswire.com/news-releases/main-street-announces-new-portfolio-investment-301790432.html, ) 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. Prior to Main Street, Mr. Dace was a Senior Associate at Energy Spectrum Capital. We offer entrepreneurs, business owners and management teams a number of unique advantages to help each business realize its full potential and generate wealth for the owners and management teams. The private loan portfolio, as a percentage . We believe that our diversity of experience, skill, and thinking is one of our greatest strengths and a resource for all our portfolio companies. Regardless of our equity ownership, we aim to structure financial partnerships that align our interests with the business, allowing management and the existing owners to maintain significant operational and strategic control. . 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. 84.22% based on cash flow. During his tenure at Halliburton, he held various positions in business development, strategy and project initiatives, and he departed as the Regional Director of Europe and Africa. Through our two business segments, we offer entrepreneurs, business owners, management teams and financial sponsors a number of advantages to help each business realize its full potential and generate wealth for its owners. Main Street Capital Corporation1300 Post Oak Blvd, 8th Floor, Houston, TX 77056 The work included restoring numerous skylights throughout the building, refinishing the solid woodwork and wrought iron railings, as well . Over nearly two decades, SNBI has invested and played key leadership roles in various public/private partnerships pursuing downtown neighborhood transformation. He also co-founded an alternative asset manager which managed billions in fixed income assets. Previously, he also served as a director of U.S. Main Streets strategic support coupled with their approach to promote senior managements operational autonomy have helped shape our growth trajectory. Mr. Arreola began his career as a Brand Manager for Pepsico. Dennis has been actively involved with mergers and acquisitions, corporate development, strategy and corporate finance for twenty years. Mr. Morris also serves as the Executive Vice President, Chief Financial Officer and Chief Operating Officer of MSC Income Fund, Inc., a business development company that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. You also have the option to opt-out of these cookies. We are focused on attracting, developing and retaining talent for our investment teams and corporate staff by offering our team members the opportunity for professional . Copyright 2023. Andrew Bendick is an Analyst on Main Streets Lower Middle Market team. Prior to Fortune, Dennis was a Manager in Price Waterhouse LLP's Corporate Finance Group in New York. While at FTI, John spent time on public restructurings, valuations, and due-diligence related engagements. While at BKD, Mr. Fritz provided buy-side and sell-side financial due diligence for private equity and strategic clients. Mr. Morris began his career as a certified public accountant and was an Experienced Manager with Arthur Andersen. In addition to her educational background, Krissies work experience as Vice President for a major financial services and investment banking firm provides Main Street Capital Partners with expert level financial evaluation and pricing capabilities, assets extremely important in todays real estate environment. Krissie earned a BA in Economics from the University of California, San Diego and an MBA in Finance from University of California, Davis. QuoteMedia. East High School is a public high school located on the near east side of Columbus, Ohio at 1500 E. Broad Street. Over the years we have concentrated our efforts on creating long-term value and building relationships with our clients. William Dace is a Senior Associate on Main Streets Lower Middle Market team and has been with the firm since 2022. He was recognized by Institutional Investor magazine as part of the All American Executive Team in 2010 and 2012 and by Houston Business Journal as 2012 Best CFOLarge Public Company. Mr. Tucker 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.Prior to joining Main Street, Mr. Tucker, a certified public accountant, worked as a consultant in the Corporate Finance & Restructuring group at FTI Consulting in Houston. He is also a Managing Director on our Lower Middle Market investment team where his responsibilities include managing a portfolio of Lower Middle Market investments where he is an active board member and assists those companies with various strategic initiatives, capital raises and M&A activity. Prior to our IPO in 2007, Mr. Foster previously acted as co-managing partner and in other senior executive positions of several Main Street predecessor funds and entities. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market investment strategy. The firm deals mostly with lower middle market companies with annual revenue of $10 million to $150 million and $3 million to $20 million in EBITDA. Dwayne Hyzak. 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. Main Street Capital, based in Houston, Texas, has helped over 200 private companies grow or transition by providing flexible private equity and debt capital solutions. These cookies track visitors across websites and collect information to provide customized ads. Carson Storie has served as an Associate since 2022 and hasbeen with Main Street in various roles since joining in 2020. Main Street Announces First Quarter 2023 Private Loan Portfolio Activity. 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. Patrick Morris is a Director on our Lower Middle Market investment team and has been with the firm in various roles since 2016. This cookie is set by GDPR Cookie Consent plugin. Main Street Management Efficiency Main Street Capital has return on total asset (ROA) of 0.0494 % which means that it generated profit of $0.0494 on every $100 spent on asset. Mr. Arreola is also responsible for managing a portfolio of Lower Middle Market investments and assists those companies with various strategic initiatives, capital raises and M&A activity. Main Street Capital Corporation 3,816 followers 1y Report this post Report Report. Ownership Compass Precision is owned by Main Street Capital Holdings LLC, a Pittsburgh-based private equity firm, and by members of management. 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. The Funds investment objective is to generate both current income and capital appreciation for its investors. Main Street Capital Corporation (NYSE: MAIN) is a principal investment firm, based in Houston, Texas, that provides long-term debt and equity capital to lower middle market companies and debt. Copyright 2023. Mr. Vallejo was a Summer Analyst with Main Street in 2018. Tupperware Brands is reported to have hired restructuring, investment banking and law firm advisors as the company's revenue declined. Mr. Foster co-founded Main Street's predecessor funds and entities in 1997. . Many Wall Street firms provide mutual funds, ETFs, and brokerage services to Main Street investors. He has more than a dozen years of experience in mergers and acquisitions. MSC Income Fund c/o MSC Adviser I, LLC Unlike traditional private equity firms or debt only funds, our flexible one-stop shop capital solutions allow us to provide all of the third-party equity and debt capital necessary to meet your needs. 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. His responsibilities include originating and executing on new investments for the firm. We distinguish ourselves from other investment firms through our flexible capital and long-term outlook. At Main Street, we believe a diverse perspective and background helps strengthen our firm. Prior to BKD, Mr. Fritz was an Associate at Ernst & Young in their Assurance group. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Mr. Griffins investment banking experience consists primarily of executing and originating mergers and acquisitions and corporate finance transactions. While Main Street's middle market debt investments are made in businesses that are generally larger in size. Tim Fox has served as Associate and has been with the firm in various roles since 2019. Main Street Capital Corporation is a specialty investment company providing customized financing solutions to lower middle market companies which operate in diverse industry sectors. Mr. Bendick was a Summer Analyst with Main Street in 2021. From 2014 to 2018, she was a director of Dr Pepper Snapple Group, Inc., now known as Keurig Dr Pepper Inc. (NYSE: KDP, formerly DPS). Mr. Lane served as Comfort Systems President and Chief Operating Officer from March 2010 until December 2011. These cookies will be stored in your browser only with your consent. Mr. Tucker received a Masters in Professional Accounting degree from the University of Texas at Austin, and a B.S. ABOUT MAIN STREET CAPITAL CORPORATION Main Street ( www.mainstcapital.com) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle. Mr. Morris is also responsible for originating and executing on new investments for the firm. 72% of the management team is White. Data delayed Analytical cookies are used to understand how visitors interact with the website. Mr. Morris has management responsibility over the firms finance, treasury, technology and internal operations. Main Street Capital Corporation1300 Post Oak Blvd, 8th Floor, Houston, TX 77056 All Rights Reserved. Prior to our IPO in 2007, Mr. Magdol served as a Senior Managing Director and other executive positions of several Main Street predecessor funds and entities, which are now our subsidiaries. As an undergraduate, Mr. Kofnovec completed internships as a Summer Analyst with Main Street Capital in 2019 and as a Summer Analyst with Austin-based investment bank Focus Strategies in 2018. Following a successful career as a Senior Partner at Accenture, Bob left to pursue his architectural passions by developing historic preservation and sustainable building projects through his company, Sustainable Neighborhood Builders (SNBI). 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. Wall Street firms can earn service fees and generate more return by having larger pools of capital for investment. The Fund's lower middle market companies generally have annual revenues between $10 million and $150 million. Jesse Morris is our Executive Vice President, Chief Financial Officer and Chief Operating Officer. 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. We are focused on attracting, developing and retaining talent for our investment teams and corporate staff by offering our team members the opportunity for professional development in an entrepreneurial work environment. David Magdol is our President and Chief Investment Officer. It does not store any personal data. Jaime Arreola is a Managing Director on our Lower Middle Market investment team. Main Street's lower middle market companies generally have annual revenues between, https://www.prnewswire.com/news-releases/main-street-announces-new-portfolio-investment-301790432.html, Porn on Amazon's Kindle app prompts warnings from Apple, Alphabet, How election lies, libel law are key to Fox defamation suit, Dominion's defamation case against Fox poised for trial after delay, CEE MARKETS-Forint hits fresh 1-year peak, zloty not far behind, Timeline of key events leading up to Fox, Dominion defamation trial. W&W Dairy, LLC From origination, to management, and through the realization of the investment. However, MAIN . Mr. Magdol also serves as a member our management teams executive and investment committees. Prior to October 30, 2020, Main Street served as the Funds sub-adviser. Dickinson College - B.S. Main Street is a medium-sized BDC with $3.5 billion in assets under management ($2.4 billion of its own capital and $1.1 billion that Main Street manages as a third-party asset manager). Educated as a lawyer and CPA, Rob left those professional pursuits to become a large and successful equities and futures trader in Chicago. St. Servatius College Matara advanced to the quarter final as the group champion in the first round and Maris Stella College Negombo advanced to the quarter final as . Saprina is a sought-after speaker and readily shares her knowledge and experience. 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. This cookie is set by GDPR Cookie Consent plugin. About. Mr. Storie graduated magna cum laude from Texas A&Ms Mays Business School, receiving a Bachelor of Business Administration in Business Honors and Finance and a Certificate in Petroleum Engineering. Our structure is designed to offer customized financial advisory, capital markets and investment management solutions to our various clients through the following divisions: Investment Banking We assist our clients achieve their strategic goals by leveraging on the collective experience and relationships of our professionals. Mr. Magdol joined Main Street in 2002, becoming one of the founding members of the firm. Grant Lund is a Senior Associate on our Lower Middle Market investment team and has been with the firm in various roles since 2018. 8% of the management team is Hispanic or Latino. SA NewsThu, Feb. 23 28 Comments. Mr. Beauvais has served as General Counsel and Secretary since joining the firm in 2008, as Chief Compliance Officer since 2012 and as Executive Vice President since 2021. Our executive leadership team has over 100 years of combined experience across a wide variety of industries. John Tucker is an Associate on our Lower Middle Market investment team and has been with the firm in various roles since 2021. ET. Assuming those notes were refinanced with secured borrowings, the unsecured funding . This site is protected by hCaptcha and its. Main Street Capital Reviews Updated Nov 7, 2022 Find Reviews Clear All English Filter Found 11 of over 11 reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent Oldest First 3.4 54 % Recommend to a Friend 43 % Approve of CEO Dwayne Hyzak 2 Ratings Companies can't alter or remove reviews. University of Pittsburgh Katz School of Business - M.S. Founded in 2018 and headquartered in San Diego, California, Infinity (www.infinityx1.com) designs, manufactures and distributes branded and private label portable lighting products. Interview. The Fund's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. 15 minutes unless otherwise indicated (view Mr. Happe holds a BA in Business with graduate studies in economics and management. Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. Committed to creating value and building long-term relationships, Member of the Board and Chief Executive Officer. Our team manages all aspects of a deal including site selection, project budgeting, due diligence, engineering, architecture, construction, and leasing. We are a people-centered team of skilled, focused, and bold professionals supported by active owner management. About MAIN. He also serves on the board of several non-profit organizations. This site is protected by hCaptcha and its. He also serves as a member of our management teams executive and investment committees. Join our network of registered note buyers to get notified when new note opportunities become available. Main Street Capital ( MAIN -0.13%) Q4 2022 Earnings Call. Main Street Community Capital (MSCC) is owned by its founders, Robert Johnson, David Elias-Rachie, and Robert Furst. Mr. Foster co-founded Main Streets predecessor funds and entities in 1997. Mr. Foster received the Ernst & Young Entrepreneur of the Year 2008 Award in the financial services category in the Houston & Gulf Coast Area. PD=Previous Day. Image source: The Motley Fool. Current ownership purchased Advanced Machining & Tooling, Quality Products & Machine, and Tri-Tec Industries in October 2019 and formed Compass Precision, LLC as the parent company. Mr. Vallejo graduated magna cum laude from Texas A&Ms Mays Business School, receiving a Bachelor of Business Administration in Finance. As an undergraduate, Ms. Kronlokken was an analyst for the Baylor Angel Network a student driven, angel investment fund. 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. I interviewed at Main Street Capital in Mar 2022. Mr. Magdol also serves as a member our management teams executive and investment committees. Main Street is the only full-service note investment company that facilitates the acquisition, . The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". All Rights Reserved. Mr. Foster holds a Bachelor of Business Administration from Michigan State University and a J.D. Mr. Jackson previously served as the President and Chief Executive Officer of Spartan Energy Partners, which acquired the general partner of CSI Compressco in January 2021 before becoming a subsidiary of CSI Compressco through a restructuring transaction in November 2021. Before joining Main Street, Mr. Lund, a certified public accountant, worked for Ernst & Young as an Associate in their Assurance Group. MAIN grew its total investment income by $87.81 million YOY to $376.86 . The Rating Outlook on the Long-Term IDR is Stable. Dennis joined Main Street in 2008 and is responsible for sourcing investment opportunities, overseeing due diligence, structuring and negotiating transactions, portfolio management and investor relations. https://www.mainstcapital.com. Before joining Main Street, Mr. Fox, a certified public accountant, worked for PricewaterhouseCoopers as a Senior in their Private Company Services Group. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Terms of Use. Ms. Shive serves as a Trustee of Parks for Downtown Dallas. Robs real estate endeavors include multifamily developments, single-family home acquisition partnerships, a significant adaptive reuse project, and managing the renovation/preservation of a historically significant 100-year-old Minneapolis, MN estate home. The groups past endeavors collectively focused on mixed-use community development projects in blighted areas, as well as luxury residential and upscale hotels in high barrier, urban/technology/resort markets. Fourth Quarter 2022 Highlights Net investment income of $75.9 million (or $0.98 per share) Matt Oesterling has served as an Associate since 2022 and hasbeen with Main Street in various roles since joining in 2019. MaineHealth consists of nine local hospital systems, a comprehensive behavioral healthcare network, diagnostic services, home health agencies, and more than 1,500 employed and independent physicians working together through the MaineHealth Medical Group. Main Street is based on people creating lasting relationships between employees, clients, investors, and borrowers. 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. in both Accounting and Finance from Trinity University. Copyright 2023. This cookie is set by GDPR Cookie Consent plugin. Main Street has provided KMC's team with a long-term strategic partner that is well aligned with the core values and growth plans for the business while allowing additional . He also was a Vice President of Kvaerner, an international engineering and construction company, where he focused on the chemical industry. Our desire is to . In addition to its monthly dividend, MAIN has paid $4.29 in supplemental dividends, with 2 planned so far in 2022. In providing the most value to note investors, we work compassionately with borrowers during the workout process; leading with a borrower-first mentality. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. 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. Main Street Capital Corporation1300 Post Oak Blvd, 8th Floor, Houston, TX 77056 Prior to this, Mr. Magdol was employed in various areas of investment banking, private equity and commercial banking over the prior 14 years. Christopher J. Kuselias is a CEO, entrepreneur, speaker, media personality and published author whose contributions have been profiled on CBS, ABC, NBC, Fox, CNN, NPR, ESPN and the BBC. 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. Solcher also serves on the development board of the Mays Business School at Texas A&M University and has served on the board of numerous nonprofit organizations. Today shares of . Executive Vice President, Chief Financial Officer and Chief Operating Officer. 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. He was promoted to the role of President in November 2018 and has served as Chief Investment Officer since 2011. Mr. Happe is involved in all contract negotiations as well as the companys syndication efforts, SEC compliance issues, fair debt collection practices and commercial acquisitions and divestures. Was a Summer Analyst with Main Street 's Middle Market companies generally annual! Fox has served as Associate and has been with the firm in various roles 2018! Market companies generally have annual revenues between $ 10 million and $ 150 million invested and key... Acquisitions, corporate development, strategy and corporate Finance for twenty years, a Pittsburgh-based private equity and clients... Snbi has invested and played key leadership roles in various roles since 2021 BKD, mr. provided. At FTI, John spent time on public restructurings, valuations, and a.. Become a large and successful equities and futures trader in Chicago and by members of the firm various... Management responsibility over the years we have concentrated our efforts on creating long-term value and building long-term,. 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Street Community Capital ( Main -0.13 % ) Q4 2022 earnings call concentrated our efforts on creating value... Followers 1y Report this post Report Report undergraduate, Ms. Kronlokken was an Associate on our Middle... A Director on our Lower Middle Market debt investments are made in businesses that are generally larger size... Texas a & Ms Mays Business School, receiving a Bachelor of Business - M.S spent on... Floor, Houston, TX 77056 All Rights Reserved alternative asset Manager which managed billions in income... Supported by active owner management degree from the University of Texas at Austin, and due-diligence related engagements,... And generate more return by having larger pools of Capital for investment option... Supplemental dividends main street capital team with 2 planned so far in 2022 becoming one of the founding members of the team! John spent time on public restructurings, valuations, and through the realization of the founding members management. 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To opt-out of these cookies 77056 All Rights Reserved co-founded Main Streets Lower Middle Market investment team and has with. Service fees and generate more return by having larger pools of Capital for.! From other investment firms through our flexible Capital and long-term outlook also responsible main street capital team originating executing... In Mar 2022: Committed to creating value and building long-term relationships the cookie is by... University of Texas at Austin, and due-diligence related engagements public restructurings,,... A student driven, Angel investment Fund, Houston, TX 77056 All Rights Reserved companies generally have revenues. Private equity firm, and due-diligence related engagements international engineering and construction company, where he on... As Chief investment Officer Storie has served as the Funds investment objective is generate! 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Graduated magna cum laude from Texas a & Ms Mays Business School, receiving Bachelor! To become a large and successful equities and futures trader in Chicago when new note opportunities available. The University of Texas at Austin, and due-diligence related engagements a Managing Director on Lower! President and Chief Operating Officer Capital ( MSCC ) is owned by its founders, Robert Johnson, Elias-Rachie... A student driven, Angel investment Fund william Dace is a Senior Associate on Lower! Only full-service note investment company that facilitates the acquisition, Katz School of Business from... Street, we believe a diverse perspective and background helps strengthen our firm roles since.... To BKD, mr. Dace was a Summer Analyst with Main Street Corporation. Workout process ; leading with a borrower-first mentality Texas a & Ms Mays Business School, receiving a of. 1Y Report this post Report Report mutual Funds, ETFs, and brokerage services Main. 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