main street capital team
David Magdol is our President and Chief Investment Officer. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. From origination, to management, and through the realization of the investment. Main Street has $185 million of unsecured debt maturing in December 2022. With approximately 22,000 employees, MaineHealth provides preventive care, diagnosis and treatment to 1.1 million residents in Maine and New Hampshire. Mr. Jackson serves as the President and Chief Executive Officer of CSI Compressco LP (Nasdaq: CCLP) (CSI Compressco), a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. Necessary cookies are absolutely essential for the website to function properly. Mr. Magdol joined Main Street in 2002, becoming one of the founding members of the firm. All Rights Reserved. (Really!) Our two partners will be involved with each investment at every step in the process. Company Profile MAIN. Main Street Capital Corporation1300 Post Oak Blvd, 8th Floor, Houston, TX 77056 F: 713-350-6042, Dwayne L. Hyzak Chief Executive Officer T: 713-350-6013 dhyzak@mainstcapital.com, Jesse Morris Chief Financial Officer & Chief Operating Officer T: 713-350-9221 jmorris@mainstcapital.com. The private loan portfolio, as a percentage . While Main Street's middle market debt investments are made in businesses that are generally larger in size. Mr. Griffin serves as the Chief Strategy Officer for MaineHealth, a $3 billion not-for-profit integrated healthcare system based in Portland, Maine. Ashley Seatter has served as our Business Development and Marketing Senior Associate since 2022 and has been with Main Street in previous roles since 2018. Main Street Community Capital (MSCC) is owned by its founders, Robert Johnson, David Elias-Rachie, and Robert Furst. The interview process was much more relaxed and conversational than other interviews. Rc Arseneau, CFP, CRPS, ChFC, CEP I am a highly creative investment and advisory leader with a love for building unique relational experiences through technology and out of the box thinking. Prior to joining Main Street, Mr. Morris served in various roles of increasing responsibility with Quanta Services, Inc. (NYSE: PWR) including most recently as Executive Vice President Finance and President Infrastructure Solutions. Mr. Kofnovec graduated from the McCombs School of Business at the University of Texas at Austin, receiving a Bachelor of Business Administration in Finance and a Minor in Management Information Systems. Committed to creating value and building long-term relationships. Mr. Lund supports our investment team with the evaluation of new investment opportunities and assists with investment underwriting, due diligence, and documentation of new investments and the post-investment management of a portfolio of Lower Middle Market companies. Mr. Morris began his career as a certified public accountant and was an Experienced Manager with Arthur Andersen. https://www.mainstcapital.com. His responsibilities include originating and executing on new investments for the firm. MSC Income Fund (the Fund) is a principal investment fund that provides debt and equity financing solutions primarily to private U.S. companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry . Main Street's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. University of Pittsburgh Katz School of Business - M.B.A. Through our two business segments, we offer entrepreneurs, business owners, management teams and financial sponsors a number of advantages to help each business realize its full potential and generate wealth for its owners. Involved in hospitality developments from the Caribbean to New York City, including a $290 million redevelopment project of the iconic Novatel Times Square hotel, Rachie has negotiated and executed purchase and sale agreements, secured financing, and executed development plans. Mainstreet Capital Partners' advantage in maximizing value is through its leadership team, many of whom have worked side by side for 20+ years. Mr. Lane joined Comfort Systems in October 2003 and served as Vice President and then Senior Vice President for Region One until he was named Executive Vice President and Chief Operating Officer in January 2009. Main Street Capital ( MAIN -0.13%) Q4 2022 Earnings Call. A serial entrepreneur who grew up in small-town Minnesota, David is the co-founder of Adestinn, an innovative Vacation Savings Account program enabling hotels to turn unsold room inventory into booking commission dollars. While at BKD, Mr. Fritz provided buy-side and sell-side financial due diligence for private equity and strategic clients. 84.22% based on cash flow. 72% of the management team is White. Dickinson School of Law of the Pennsylvania State University - J.D. W&W Dairy, LLC As an undergraduate, Mr. Vallejo served on Texas A&Ms Maroon Fund a $300,000 student driven, angel investment fund. Mr. Morris also serves as the Executive Vice President, Chief Financial Officer and Chief Operating Officer of MSC Income Fund, Inc., a business development company that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. He has also been a director of Seitel, Inc., a privately owned provider of onshore seismic data to the oil and gas industry in North America, since August 2007. Main Street Capital ( MAIN 1.03%) Q2 2022 Earnings Call. The Company sells its products to consumers globally through major retailers and eCommerce platforms. By providing both debt and equity capital, we help entrepreneurs, business owners and management teams accomplish their goalswhether their goals are to achieve liquidity, to diversify their personal wealth, facilitate management buyouts and/or pursue growth and acquisition financing. in Accounting with honors from The University of Texas at Austin. Frank is an avid real estate investor and prolific entrepreneur. From the investment perspective, despite the conflicts discussed above, Main Street and Wall Street are highly mutually dependent. Mr. Arreola began his career as a Brand Manager for Pepsico. Main Street is based in Houston, TX and provides one-stop (both debt and equity) capital solutions for lower middle market companies seeking to grow or transition ownership and debt capital to middle market companies. Fourth Quarter 2022 Highlights Net investment income of $75.9 million (or $0.98 per share) 15 minutes unless otherwise indicated (view Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Unlike traditional private equity firms or debt only funds, our flexible one-stop shop capital solutions allow us to provide all of the third-party equity and debt capital necessary to meet your needs. Mr. Vallejo graduated magna cum laude from Texas A&Ms Mays Business School, receiving a Bachelor of Business Administration in Finance. Jaime Arreola is a Managing Director on our Lower Middle Market investment team. In addition, Mr. Foster served as a founding director of the Texas TriCities Chapter of the National Association of Corporate Directors from 2004 to 2011. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". MAIN grew its total investment income by $87.81 million YOY to $376.86 . Mr. Arreola holds a BS in Industrial and Systems Engineering from the Instituto Tecnologico de Estudios Superiores de Monterrey (ITESM) in Monterrey, Mexico and an MBA from the Harvard Business School. Today shares of . MAIN has a NAV of $25.39, and with its share price of $42.21, this seems like a large premium considering the rest. 70.68% based on next year's estimates. He is a member of the California Bar and Nevada Bar and has practiced in the fields of business, real estate, construction and syndication law. Application. East High School is a public high school located on the near east side of Columbus, Ohio at 1500 E. Broad Street. Read More Dory A. Wiley President & CEO This culture is the secret ingredient to Main Street Capital's 20+ years of success. Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. I have experience working across many sectors including . All Rights Reserved. The cookie is used to store the user consent for the cookies in the category "Other. Our two partners will be involved with each investment at every step in the process. Main Street Community Capital (MSCC) is owned by its founders, Robert Johnson, David Elias-Rachie, and Robert Furst. Mr. Morris has management responsibility over the firms finance, treasury, technology and internal operations. Mr. Foster currently serves on the Eli Broad College of Business Advisory Board and as a Board Member Emeritus of the Honors College at the University of Houston. Prior to Fortune, Dennis was a Manager in Price Waterhouse LLP's Corporate Finance Group in New York. HOUSTON, February 23, 2023 - Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce its financial results for the fourth quarter and full year ended December 31, 2022. Saprina is a sought-after speaker and readily shares her knowledge and experience. Copyright 2023. From a numbers standpoint, I am impressed with MAIN's 2022 results. Main Street Capital Corporation1300 Post Oak Blvd, 8th Floor, Houston, TX 77056 From 2007 to October 2012, Mr. Griffin was a Managing Director of Fennebresque & Co., LLC, a boutique investment banking firm located in Charlotte, North Carolina. Back . 11% of Main Street Capital's management is Black or African American. At Main Street, we believe a diverse perspective and background helps strengthen our firm. Educated as a lawyer and CPA, Rob left those professional pursuits to become a large and successful equities and futures trader in Chicago. The Fund's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. This site is protected by hCaptcha and its, Not restricted by traditional institutional private equity fund requirements or investment timelines for exit, Management teams stay in control of day-to-day operations, Significant alignment of interests with our equity co-investment, Main Street provides financial and strategic oversight, All investment approvals maintained by Main Street. Privately-held businesses turn to us because we are Main Street, not Wall Street--we build relationships and tailor transactions to meet the unique needs of our portfolio companies and their owners. Mr. Vallejo was a Summer Analyst with Main Street in 2018. He previously served as a director of Basic Energy Services, Inc. (NYSE: BAS), a provider of well-site services in the United States to oil and natural gas drilling and producing companies, from December 2016 until December 2021, and was a member of the compensation committee and the chair of the audit committee of Basic Energy Services, Inc. The Fund's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Prior to our IPO in 2007, Mr. Foster previously acted as co-managing partner and in other senior executive positions of several Main Street predecessor funds and entities. I interviewed at Main Street Capital in Mar 2022. 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. In addition to her educational background, Krissies work experience as Vice President for a major financial services and investment banking firm provides Main Street Capital Partners with expert level financial evaluation and pricing capabilities, assets extremely important in todays real estate environment. Mr. Magdol also serves as the President and Chief Investment Officer of MSC Income Fund, Inc., a business development company that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. Carson Storie has served as an Associate since 2022 and hasbeen with Main Street in various roles since joining in 2020. These cookies will be stored in your browser only with your consent. This is way below average. He is also responsible for originating and executing on new investments for the firm. Executive Team :: Main Street Capital Corporation (MAIN) About Team Portfolio Companies Investors For Business Owners Executive Team Committed to creating value and building long-term relationships Executive Team Lower Middle Market Team Private Credit Team Finance, Legal, Compliance, & Accounting Board of Directors Dwayne Hyzak Image source: The Motley Fool. Fitch Ratings - New York - 03 Apr 2023: Fitch Ratings has affirmed Main Street Capital Corporation's Long-Term Issuer Default Rating (IDR), secured debt rating and unsecured debt at 'BBB-'. After the acquisition, Ms. Shive served as Senior Vice President of TEGNA Inc., formerly Gannett Co., Inc. (NYSE: TGNA, formerly GCI), a broadcast and digital media company, until 2017. Use the CB Insights Platform to explore Main Street Capital's full profile. We are focused on attracting, developing and retaining talent for our investment teams and corporate staff by offering our team members the opportunity for professional . She has extensive experience with loan modification, foreclosure, short sales, cash for keys, and mortgage deficiencies. Founded in 2018 and headquartered in San Diego, California, Infinity (www.infinityx1.com) designs, manufactures and distributes branded and private label portable lighting products. Jesse Morris is our Executive Vice President, Chief Financial Officer and Chief Operating Officer. Main Street Community Capital founders have led the development of more than $1 billion in new mixed-use and hotel projects in California, Texas, Florida, Iowa, Minnesota, New York, Arizona, and the Caribbean. USD Add to Watchlist 39.31 +0.40 (1.03%) At close: Apr 6, 2023, 4:00 PM 39.22 -0.09 (-0.23%) After-hours: Apr 6, 2023, 7:59 PM EDT Overview Financials Statistics Forecast Dividends Profile Chart MAIN Dividend Information Clayton Reese has experienced a distinguished 27-year career in all aspects of Nationwide Commercial Real Estate Finance including; acquisitions of performing and non-performing loan portfolios . Main Street Capital Corporation (NYSE: MAIN) is a principal investment firm, based in Houston, Texas, that provides long-term debt and equity capital to lower middle market companies and debt. He was a Vice President in the Mergers and Acquisition Advisory and Investment Banking Group at Lazard Freres & Co. LLC from 2000 to 2002 . Our team manages all aspects of a deal including site selection, project budgeting, due diligence, engineering, architecture, construction, and leasing. QuoteMedia. Committed to creating value and building long-term relationships, Member of the Board and Chief Executive Officer. Executive Vice President, Chief Financial Officer and Chief Operating Officer. They have been true to their word since our initial discussion, have provided valuable insight and resources, and have been the ideal partner for me and CBT Nuggets.". Dennis joined Main Street in 2008 and is responsible for sourcing investment opportunities, overseeing due diligence, structuring and negotiating transactions, portfolio management and investor relations. Prior to October 30, 2020, Main Street served as the Funds sub-adviser. Mr. Dooley graduated from the Hankamer School of Business at Baylor University in May 2018, receiving a Bachelor of Business Administration in Finance and Economics. Main Street Capital Corporation 3,816 followers 1y Report this post Report Report. This cookie is set by GDPR Cookie Consent plugin. We believe that our diversity of experience, skill, and thinking is one of our greatest strengths and a resource for all our portfolio companies. Before joining Main Street, Mr. Lund, a certified public accountant, worked for Ernst & Young as an Associate in their Assurance Group. John Tucker is an Associate on our Lower Middle Market investment team and has been with the firm in various roles since 2021. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Mr. Juarez graduated magna cum laude from the University of Houston's C. T. Bauer College of Business, receiving a Bachelor of Business Administration in Finance and Accounting. Ms. Smith graduated magna cum laude from M.J. Neeley School of Business at Texas Christian University receiving a Bachelor of Business Administration in Finance. Main Street Capital Corporation1300 Post Oak Blvd, 8th Floor, Houston, TX 77056 Main Street Capital, based in Houston, Texas, has helped over 200 private companies grow or transition by providing flexible private equity and debt capital solutions. For more information about Main Street, visit www.mainstcapital.com - however, the contents of Main Street's website are not and should not be deemed to be incorporated by reference herein. He brings an extensive management background and business sense to trust deed investing. MAIN is trading at an extreme valuation to its NAV, as its premium is 66.68%. These cookies track visitors across websites and collect information to provide customized ads. His responsibilities include originating and executing on new investments for the firm. Ms. Shive served as Chief Executive Officer and President of Belo Corp. (NYSE: BLC), a media company that owned several television stations, from 2008 until its acquisition by Gannett Co., Inc. in 2013. Christopher J. Kuselias is a CEO, entrepreneur, speaker, media personality and published author whose contributions have been profiled on CBS, ABC, NBC, Fox, CNN, NPR, ESPN and the BBC. These cookies ensure basic functionalities and security features of the website, anonymously. Mr. Magdol also serves as the President and Chief Investment Officer of MSC Income Fund, Inc., a business development company that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. Mr. Tucker received a Masters in Professional Accounting degree from the University of Texas at Austin, and a B.S. ET MAIN earnings call for the period ending June 30,. Mr. Arreola joined Main Street in 2023. Prior to joining Comfort Systems, Mr. Lane spent fifteen years at Halliburton Company (NYSE: HAL), a global service and equipment company devoted to energy, industrial, and government customers. Mr. Magdol also serves as a member our management teams executive and investment committees. For more information about Main Street, visit www.mainstcapital.com - however, the contents of Main Streets website are not and should not be deemed to be incorporated by reference herein. Jaime Arreola is a Managing Director on our Lower Middle Market investment team. Mr. Morris is also responsible for originating and executing on new investments for the firm. SA NewsThu, Feb. 23 28 Comments. He joined BMC in September 1991 as Assistant Treasurer and became Treasurer the following year. As of March 31, 2023, Main Street's private loan portfolio included total investments at cost of approximately $1.5 billion across 86 unique borrowers. Becca Smith is an Analyst on Main Streets Lower Middle Market team. Grant Lund is a Senior Associate on our Lower Middle Market investment team and has been with the firm in various roles since 2018. 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main street capital team