Main Street Capital Investor Day Presentation Deck
Follow-on Investment Case Studies
Hawk Ridge
Company Description
Initial Transaction
■
Value-added reseller of engineering, design and
manufacturing software and
additive
manufacturing solutions (3D printing)
Provides online training, engineering services
and other value-added services as additional
revenue streams sold alongside software
programs and additive manufacturing solutions
■
Minority recapitalization that allowed the CEO to
obtain a majority equity position and provided full
liquidity to inactive equity owners
CEO sought a financial partner with a long-term
holding period and shared vision for future growth
Acquisition Strategy / Rationale
Multi-pronged acquisition strategy:
Expand geographic footprint
■
■
Drive revenue synergies by upselling into
acquired customer bases
Identify additional ways to monetize
customer base through new service and
product offerings
Representative Acquisitions
Completed ten acquisitions since MAIN's initial
investment, including six significant acquisitions and
four smaller "tuck in" acquisitions
Significantly expanded the company's geographic
coverage
Materially changed and expanded the Company's
service offerings and revenue sources
$42.7 million, or
262%, of Additional
Invested Capital
MAIN ST
Initial Capital Invested and Subsequent Investments (¹)
$ in millions
$16.3
$3.8
$12.5
Initial Invested Capital
CAPITAL CORPORATION
(1) Includes the total debt and equity invested through March 31, 2023, including MAIN and funds managed by the External Investment Manager
Main Street Capital Corporation
NYSE: MAIN
■Debt Equity
$59.0
$3.8
$55.2
Total Invested Capital
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