Main Street Capital Corporation Reports Strong Fourth Quarter 2025 Private Loan Portfolio Activity
Main Street Capital Corporation (NYSE: MAIN) has announced a significant update regarding its private loan portfolio for the fourth quarter of 2025. The company originated new or increased commitments totaling $387.1 million and financed investments with a cost basis of $231.4 million during this period. This strategic activity highlights MAIN's commitment to supporting lower middle-market companies through tailored financial solutions.
Key Highlights of the Fourth Quarter
During the fourth quarter of 2025, MAIN made several noteworthy investments and commitments in its private loan portfolio, including:
- $53.3 million in a first lien senior secured term loan, $15.2 million in a first lien senior secured revolver, $60.9 million in first lien senior secured delayed draw term loans, and $3.8 million in equity for a manufacturer and distributor of high-quality beverage solutions.
- $57.0 million in a first lien senior secured term loan, $11.4 million in a first lien senior secured revolver, and $60.8 million in a first lien senior secured delayed draw term loan for a provider of satellite operations and command software for defense platforms.
- $39.8 million in a first lien senior secured term loan, $11.4 million in a first lien senior secured revolver, and $1.1 million in equity for a manufacturer of electrical solution equipment.
- An increased commitment of $9.5 million in an incremental first lien senior secured term loan and $28.6 million in an incremental first lien senior secured delayed draw term loan for a provider of specialized welding services.
- $9.6 million in a first lien senior secured term loan, $1.5 million in a first lien senior secured revolver, and $0.3 million in equity for a provider of applied behavior analysis therapy for children diagnosed with autism spectrum disorder.
- $9.5 million in a first lien senior secured term loan for a provider of digital marketing and web development solutions.
Overview of Main Street's Private Loan Portfolio
As of December 31, 2025, MAIN's private loan portfolio included total investments at cost of approximately $2.0 billion across 86 unique companies. The portfolio composition indicates a robust focus on senior secured debt, with 93.5% invested in first lien senior secured loans, while the remaining 6.5% consists of equity investments or other securities.
About Main Street Capital Corporation
Founded to provide customized financing solutions, MAIN specializes in long-term debt and equity capital to lower middle-market companies. The firm primarily engages with debt capital for private companies owned or acquired by private equity funds. Main Street's investments support various needs including management buyouts, recapitalizations, growth financings, refinancings, and acquisitions.
Additionally, MAIN works closely with entrepreneurs, business owners, and management teams to deliver tailored financial support. The firm’s portfolio companies typically generate annual revenues ranging from $10 million to $150 million, while its private loan portfolio companies typically report revenues between $25 million and $500 million.
Contact Information
For further information, please contact:
- Dwayne L. Hyzak, CEO, dwayne.hyzak@mainstcapital.com
- Ryan R. Nelson, CFO, ryan.nelson@mainstcapital.com
- Main Street Capital Corporation, 713-350-6000
- Dennard Lascar Investor Relations
- Ken Dennard, ken@dennardlascar.com
- Zach Vaughan, zach@dennardlascar.com
- Phone: 713-529-6600