Page 113 - TACC 2023 Program

The Partnership Portfolio Companies Want

with the Capital They Need

Main Street provides debt and equity capital to lower middle market companies. Through
a unique, one-stop shop partnership model, Main Street offers capital solutions to
entrepreneurs, business owners, and management teams to meet their goals - whether to
diversify wealth, achieve liquidity, complete a management buyout or execute mergers and
acquisitions.

$3 -
75 PORTFOLIO $20M EBITDA $6.0B CAPITAL
UNDER

CRITERIA
COMPANIES
MANAGEMENT
$5-
195 CUMULATIVE $75M INVESTMENT OVER DIVERSE
50
INDUSTRIES
INVESTMENTS
SIZE

INVESTMENT CRITERIA INVESTMENT STRUCTURES TRANSACTION TYPES

• Revenue of $10-$150M • “One-Stop” debt & equity • Recapitalizations
• EBITDA of $3-$20M capital (majority & minority) • Family estate planning
• Stable, positive cash flow • Common equity • Management buyouts
• Proven market position • Preferred equity • Refinancings
• Strong management team • Senior secured term debt • Strategic acquisitions
• $5-$75M investment size • Unitranche term debt • Expansion and growth
• Ability to syndicate larger • Subordinated term debt initiatives for later-stage
transactions • Long-term structures companies
• Industry generalists with minimal or no fixed • Change of control
amortization

Not Traditional Private Equity

ONE-STOP SHOP CAPITAL LONG-TERM CAPITAL
Simplified Capital Structure Flexible and long-term

We have the flexibility to customize investment structures to meet As a publicly traded investment firm, we have permanent capital and
the needs of our portfolio companies. Main Street’s primary objective are not bound by the requirements of most institutional funds. This
is to create a capital structure that best aligns the interest of all allows us the flexibility to be a long-term partner, without being pres-
stakeholders in both good economies and more challenging markets. sured with arbitrary investment horizons or a scheduled exit strategy
imposed on institutional funds.

A PARTNERSHIP-FIRST APPROACH TRUST AND TRANSPARENCY
Operational Autonomy Efficient Execution
Regardless of equity ownership percentages, we aim to structure We strive to keep capital structures simple. From a letter of intent to
financial partnerships that align our interests with the business, close, there will be no surprises. Our ability to invest in both debt and
allowing management to maintain significant operational and stra- equity securities and fully finance a transaction means that business
tegic control. More than just a financial partner, we can also provide owners and management teams work with only one financial part-
strategic insight and make valuable introductions to industry experts ner. This reduces cultural and execution risk, expediting the closing
and service providers. process to allow business owners and management teams to focus
on what is important – the business.

mainstcapital.com| NYSE: MAIN | 1300 Post Oak Boulevard, 8th Floor, Houston, Texas 77056