Main Street Announces New Portfolio Investment
Main Street Capital (NYSE: MAIN) has announced a new portfolio investment of $41.4 million in Connect Telecommunications Solutions Inc. This investment facilitates a minority recapitalization of Connect, a leading distributor of fiber management solutions to the Canadian telecommunications industry.
The investment includes a combination of first-lien, senior secured term debt and a direct equity investment. Main Street partnered with Connect's founders and a co-investor for this transaction.
Founded in 1999 and based in Kitchener, Ontario, Connect is a prominent supplier of outside the plant fiber management solutions. The company offers a wide range of products, including:
- Vaults
- Cabinets
- Pedestals
- Various fiber connectivity solutions
This investment demonstrates Main Street's commitment to supporting established businesses in the telecommunications sector.
Main Street Capital (NYSE: MAIN) ha annunciato un nuovo investimento nel portafoglio di $41,4 milioni in Connect Telecommunications Solutions Inc. Questo investimento consente una ricapitalizzazione minoritaria di Connect, un distributore leader di soluzioni per la gestione della fibra nel settore delle telecomunicazioni canadese.
L'investimento include una combinazione di debito termico senior garantito di primo grado e un investimento diretto in capitale. Main Street ha collaborato con i fondatori di Connect e un co-investitore per questa transazione.
Fondata nel 1999 e con sede a Kitchener, Ontario, Connect è un fornitore rinomato di soluzioni per la gestione della fibra esterna. L'azienda offre una vasta gamma di prodotti, tra cui:
- Vaults
- Cabinets
- Pedestals
- Varie soluzioni di connettività in fibra
Questo investimento dimostra l'impegno di Main Street nel supportare le imprese consolidate nel settore delle telecomunicazioni.
Main Street Capital (NYSE: MAIN) ha anunciado una nueva inversión en su cartera de $41.4 millones en Connect Telecommunications Solutions Inc. Esta inversión facilita una recapitalización minoritaria de Connect, un distribuidor líder de soluciones de gestión de fibra para la industria de telecomunicaciones canadiense.
La inversión incluye una combinación de deuda a plazo senior garantizada y una inversión directa de capital. Main Street se ha asociado con los fundadores de Connect y un co-inversor para esta transacción.
Fundada en 1999 y con sede en Kitchener, Ontario, Connect es un proveedor destacado de soluciones de gestión de fibra exterior. La empresa ofrece una amplia gama de productos, que incluyen:
- Vaults
- Cabinets
- Pedestals
- Diversas soluciones de conectividad de fibra
Esta inversión demuestra el compromiso de Main Street de apoyar a las empresas establecidas en el sector de telecomunicaciones.
메인 스트리트 캐피탈 (NYSE: MAIN)은 Connect Telecommunications Solutions Inc.에 대한 4,140만 달러의 새로운 포트폴리오 투자를 발표했습니다. 이 투자는 캐나다 통신 산업의 섬유 관리 솔루션을 제공하는 선도적인 유통업체인 Connect의 소수 recapitalization을 촉진합니다.
투자는 선순위 고정 담보 부채와 직접 자본 투자의 조합으로 이루어져 있습니다. 메인 스트리트는 이 거래를 위해 Connect의 창립자 및 공동 투자자와 협력하였습니다.
1999년에 설립되어 온타리오주 키치너에 본사를 두고 있는 Connect는 외부 섬유 관리 솔루션의 저명한 공급업체입니다. 회사는 다음과 같은 다양한 제품을 제공합니다:
- 금고
- 캐비닛
- 받침대
- 다양한 섬유 연결 솔루션
이 투자는 통신 부문에서 기존 비즈니스를 지원하려는 메인 스트리트의 의지를 보여줍니다.
Main Street Capital (NYSE: MAIN) a annoncé un nouvel investissement dans son portefeuille de 41,4 millions de dollars dans Connect Telecommunications Solutions Inc. Cet investissement facilite une recapitalisation minoritaire de Connect, un distributeur de solutions de gestion de la fibre leader dans l'industrie des télécommunications canadienne.
L'investissement comprend une combinaison de dette à terme sécurisée de premier rang et d'un investissement direct en capital. Main Street s'est associé aux fondateurs de Connect et à un co-investisseur pour cette transaction.
Fondée en 1999 et basée à Kitchener, Ontario, Connect est un fournisseur éminent de solutions de gestion de la fibre extérieure. L'entreprise propose une large gamme de produits, y compris :
- Postes de visite
- Armoires
- Pieds
- Diverses solutions de connectivité en fibre
Cet investissement démontre l'engagement de Main Street à soutenir les entreprises établies dans le secteur des télécommunications.
Main Street Capital (NYSE: MAIN) hat eine neue Portfolioinvestition in Höhe von 41,4 Millionen Dollar in Connect Telecommunications Solutions Inc. angekündigt. Diese Investition ermöglicht eine Minderheiten-Rekapitalisierung von Connect, einem führenden Distributor von Lösungen für das Faser-Management in der kanadischen Telekommunikationsbranche.
Die Investition besteht aus einer Kombination aus erstrangigen, senior gesicherten Termindarlehen und einer direkten Eigenkapitalinvestition. Main Street hat für diese Transaktion mit den Gründern von Connect und einem Mitinvestor zusammengearbeitet.
Connect, gegründet 1999 und mit Sitz in Kitchener, Ontario, ist ein bedeutender Anbieter von außenliegenden Faser-Management-Lösungen. Das Unternehmen bietet eine breite Palette von Produkten an, darunter:
- Schächte
- Schränke
- Pedestale
- Verschiedene Lösungen zur Faserverbindung
Diese Investition zeigt Main Streets Engagement, etablierte Unternehmen im Telekommunikationssektor zu unterstützen.
- None.
- None.
Invests
Founded in 1999 and headquartered in
ABOUT MAIN STREET CAPITAL CORPORATION
Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides customized long-term debt and equity capital solutions to lower middle market companies and debt capital to private companies owned by or in the process of being acquired by a private equity fund. 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 customized "one-stop" debt and equity financing alternatives within its lower middle market investment strategy. Main Street seeks to partner with private equity fund sponsors and primarily invests in secured debt investments in its private loan investment strategy. Main Street's lower middle market portfolio companies generally have annual revenues between
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. MSC Adviser is registered as an investment adviser under the Investment Advisers Act of 1940, as amended.
Contacts:
Main Street Capital Corporation
Dwayne L. Hyzak, CEO, dhyzak@mainstcapital.com
Ryan R. Nelson, CFO, rnelson@mainstcapital.com
713-350-6000
Dennard Lascar Investor Relations
Ken Dennard | ken@dennardlascar.com
Zach Vaughan | zvaughan@dennardlascar.com
713-529-6600
View original content:https://www.prnewswire.com/news-releases/main-street-announces-new-portfolio-investment-302276285.html
SOURCE Main Street Capital Corporation
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