Main Street Announces New Portfolio Investment
Main Street Capital (NYSE: MAIN) has announced a new portfolio investment of $74.4 million to facilitate a majority recapitalization of Victory Energy Operations. This investment includes a combination of first-lien, senior secured term debt and a direct equity investment. Main Street partnered with Victory's founder and management team to execute the recapitalization and buyout an institutional investor.
Victory Energy Operations, founded in 1999 and based in Collinsville, Oklahoma, is a leading manufacturer of industrial and commercial combustion, heat-transfer, and steam production solutions. The company offers a wide range of products, including engineered firetube and watertube boilers, burners, heat recovery steam generators, and high-temperature hot water heaters. Victory also provides comprehensive aftermarket services, such as installation, maintenance, spare parts, and boiler fleet rental solutions.
Victory's equipment serves diverse industries worldwide, including chemical, pulp & paper, food & beverage, bio-renewables, agriculture, education, healthcare, aviation, and utility sectors.
Main Street Capital (NYSE: MAIN) ha annunciato un nuovo investimento di portafoglio di 74,4 milioni di dollari per facilitare una maggioranza della ricapitalizzazione di Victory Energy Operations. Questo investimento comprende una combinazione di debito di prima linea, senior secured e un investimento diretto in equity. Main Street ha collaborato con il fondatore di Victory e il team di gestione per eseguire la ricapitalizzazione e acquistare un investitore istituzionale.
Victory Energy Operations, fondata nel 1999 e con sede a Collinsville, Oklahoma, è un produttore leader di soluzioni per la combustione industriale e commerciale, il trasferimento di calore e la produzione di vapore. L'azienda offre una vasta gamma di prodotti, tra cui caldaie a tubi di fiamma e a tubi d'acqua progettate, bruciatori, generatori di vapore a recupero di calore e scaldacqua ad alta temperatura. Victory fornisce anche servizi post-vendita completi, come installazione, manutenzione, ricambi e soluzioni di noleggio per flotte di caldaie.
Le attrezzature di Victory servono diversi settori in tutto il mondo, inclusi chimico, cellulosa e carta, alimentare e bevande, bio-energie rinnovabili, agricoltura, istruzione, sanità, aviazione e settori dei servizi pubblici.
Main Street Capital (NYSE: MAIN) ha anunciado una nueva inversión en su cartera de 74,4 millones de dólares para facilitar una recapitalización mayoritaria de Victory Energy Operations. Esta inversión incluye una combinación de deuda asegurada de primer rango y una inversión directa en capital. Main Street se asoció con el fundador de Victory y el equipo de gestión para ejecutar la recapitalización y comprar a un inversor institucional.
Victory Energy Operations, fundada en 1999 y con sede en Collinsville, Oklahoma, es un fabricante líder de soluciones de combustión, transferencia de calor y producción de vapor para aplicaciones industriales y comerciales. La empresa ofrece una amplia gama de productos, incluidas calderas de tubos de fuego y tubos de agua diseñadas, quemadores, generadores de vapor de recuperación de calor y calentadores de agua a alta temperatura. Victory también proporciona servicios completos de mantenimiento, como instalación, mantenimiento, repuestos y soluciones de alquiler de flotas de calderas.
El equipo de Victory sirve a diversas industrias en todo el mundo, incluidos los sectores químico, pulpa y papel, alimentos y bebidas, bio-renovables, agricultura, educación, atención médica, aviación y servicios públicos.
메인 스트리트 캐피탈(NYSE: MAIN)은 빅토리 에너지 오퍼레이션의 다수 recapitalization을 촉진하기 위한 7,440만 달러의 새로운 포트폴리오 투자를 발표했습니다. 이 투자에는 1순위 담보형 장기 채무와 직접 주식 투자가 포함됩니다. 메인 스트리트는 빅토리의 창립자 및 경영팀과 협력하여 recapitalization을 실행하고 기관 투자자를 매입했습니다.
1999년에 설립된 빅토리 에너지 오퍼레이션은 오클라호마주 콜린스빌에 본사를 두고 있는 산업 및 상업용 연소, 열전달 및 증기 생산 솔루션의 선도적인 제조업체입니다. 이 회사는 설계된 화염관 및 용수관 보일러, 버너, 열 회수 증기 발생기 및 고온 온수 히터를 포함한 다양한 제품을 제공합니다. 빅토리는 설치, 유지보수, 예비 부품 및 보일러 플릿 임대 솔루션과 같은 종합적인 사후 서비스도 제공합니다.
빅토리의 장비는 화학, 펄프 및 종이, 식음료, 바이오 재생 가능 에너지, 농업, 교육, 의료, 항공 및 공공 서비스 분야를 포함한 전 세계 다양한 산업에 서비스를 제공합니다.
Main Street Capital (NYSE: MAIN) a annoncé un nouvel investissement de portefeuille de 74,4 millions de dollars pour faciliter une recapitalisation majoritaire de Victory Energy Operations. Cet investissement comprend une combinaison de dettes garanties de premier rang et un investissement direct en actions. Main Street s'est associé au fondateur de Victory et à son équipe de direction pour exécuter la recapitalisation et racheter un investisseur institutionnel.
Victory Energy Operations, fondée en 1999 et basée à Collinsville, Oklahoma, est un fabricant leader de solutions de combustion, de transfert de chaleur et de production de vapeur pour les applications industrielles et commerciales. L'entreprise propose une large gamme de produits, y compris des chaudières à tubes de feu et à tubes d'eau conçues, des brûleurs, des générateurs de vapeur de récupération de chaleur et des chauffe-eau à haute température. Victory propose également des services après-vente complets, tels que l'installation, la maintenance, les pièces de rechange et des solutions de location de chaudières.
Les équipements de Victory servent divers secteurs à travers le monde, y compris l'industrie chimique, le secteur de la pâte et du papier, l'alimentation et les boissons, les bio-ressources renouvelables, l'agriculture, l'éducation, les soins de santé, l'aviation et les services publics.
Main Street Capital (NYSE: MAIN) hat eine neue Portfolio-Investition von 74,4 Millionen Dollar angekündigt, um eine Mehrheitsrekapitalisierung von Victory Energy Operations zu ermöglichen. Diese Investition umfasst eine Kombination aus vorrangigen, senioren gesicherten Darlehen und einer direkten Eigenkapitalinvestition. Main Street hat mit dem Gründer von Victory und dem Management-Team zusammengearbeitet, um die Rekapitalisierung durchzuführen und einen institutionellen Anleger zu übernehmen.
Victory Energy Operations, 1999 gegründet und mit Sitz in Collinsville, Oklahoma, ist ein führender Hersteller von industriellen und kommerziellen Lösungen für Verbrennung, Wärmeübertragung und Dampferzeugung. Das Unternehmen bietet eine breite Palette von Produkten an, darunter konzipierte Feuerrohr- und Wasserrohrkessel, Brenner, Dampferzeuger zur WärmeRückgewinnung und Hochtemperatur-Warmwasserbereiter. Victory bietet auch umfassende Aftermarket-Services wie Installation, Wartung, Ersatzteile und Verleihlösungen für Kessel-Flotten.
Die Ausrüstung von Victory bedienen verschiedene Branchen weltweit, darunter Chemie, Zellstoff und Papier, Lebensmittel und Getränke, biogene erneuerbare Energien, Landwirtschaft, Bildung, Gesundheitswesen, Luftfahrt und Versorgungssektoren.
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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 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 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 & Treasurer, rnelson@mainstcapital.com
713-350-6000
Dennard Lascar Investor Relations
Ken Dennard | ken@dennardlascar.com
Zach Vaughan | zvaughan@dennardlascar.com
713-529-6600
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SOURCE Main Street Capital Corporation
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