Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. It prefers to invest in air freight and logistics, auto components, building products, chemicals, commercial services, computers, construction and engineering, consumer finance, consumer services, electronic equipment, energy equipment and services, financial services, health care equipment, health care providers, hotels, restaurants, and leisure, internet software and services, IT Services, machinery, oil, gas and consumable fuels, paper and forest products, professional and industrial services, road and rail, software, specialty retail, telecommunication, consumer discretionary, energy, materials, technology, and transportation. The firm typically invests in lower middle market companies generally with annual revenues between $5 million and $300 million. It prefers to invest in ranging between $2 million and $75 million in equity investment and enterprise value in ranging between $3 million and $20 million. The firm typically prefers to invest in the range of $5 million and $50 million per transaction in debt investment value and in the range of $1 million and $20 million in annual EBITDA. The firm's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. It takes 5 percent minority and up to 50 percent majority equity investments. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas with an additional office in Chojnów, Poland.

Jigar Shah

Scott Jacobs

Matan Friedman

Main Street Capital Corporation

Main Street Capital Corporation, based in Houston, Texas, provides private equity and debt capital solutions to lower middle market and middle market companies. The firm has helped over 200 private companies grow or transition.

Founded in 2014, Generate builds, finances, owns and operates sustainable infrastructure to deliver affordable and reliable resource solutions for companies, governments, and communities. 

Generate is the one-stop shop offering technology and project developers pioneering the Infrastructure Revolution the tailored funding and support they need to get projects built. Generate partners with over 40 technology and project developers and owns and operates more than 2,000 assets globally, across the clean energy, transportation and waste and water sectors.  With an Infrastructure-as-a-Service model, Generate serves over 2,000 customers, companies, communities, school districts and universities. Together, we are rebuilding the world. 

Generate is a Public Benefit Corporation. 

We build, own, operate and finance assets in:
- Sustainable Energy (microgrids, solar, energy storage, lighting, HVAC systems, fuel cells, geothermal, biomass & biogas, building automation & sensors, heat pumps, smart meters)
- Sustainable Mobility (electric vehicles, hydrogen vehicles, autonomous vehicles, charging depots & infrastructure, fleets)
- Sustainable Water, Waste & Agriculture (anaerobic digesters, wastewater treatment, desalination, food waste management, recycling/reuse, precision agriculture, farm automation, irrigation, sensors & meters).

To join the Infrastructure Revolution, visit generatecapital.com.

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Generate

Generate’s Jessie Robbins is featured in the Rising Stars and Dealmakers edition of the Novogradac & Company LLP Journal of Tax Credits Magazine. Jessie’s structured finance expertise has been instrumental in securing the #sustainableinfrastructure investments needed to propel the Infrastructure Transition. Congratulations, Jessie! 

Read more: https://lnkd.in/gh6SgHhS

Amid rising temperatures and increasingly frequent extreme weather events, it’s more important than ever to deploy solutions for keeping the power on and communities safe during emergencies. The Texas grocery chain H-E-B has been able to do just that through Enchanted Rock microgrids that provide stores with reliable and efficient backup power. Generate is proud to invest with partners like Enchanted Rock to build microgrids to make our energy infrastructure more resilient and sustainable. 

Read more: https://lnkd.in/e57m3-CE

Fast-responding, reliable power is more important than ever in this year’s record-breaking summer heat. We’re proud to share that Generate platform company esVolta, LP has secured financing for energy storage projects totaling 980 MWh to help strengthen the power grid in Texas. 

Read more: https://lnkd.in/gu3V--eq 

#SustainableInfrastructure

Generate is the proud winner of not one, but two 2024 SEAL Awards! Our firm was recently honored with both the SEAL Environmental Initiative Award and the SEAL Sustainable Innovation Award to recognize our leadership, innovation, and commitment to sustainable business practices. We are very proud of this achievement and thankful for the hard-working members of our team who made it possible. 

https://lnkd.in/eEztKgbq

We are excited to welcome Chris Baker as General Manager of Clean Bus Solutions, Generate’s fleet electrification-as-a-service joint venture with electric school bus leader Blue Bird Corporation. Chris’s track record of driving business growth within the clean energy industry will be a tremendous asset as Clean Bus Solutions works to meet the increasing demand for electric school buses. We look forward to working with him to offer affordable and comprehensive fleet-as-a service solutions and accelerate the electrification of school buses across the U.S. 

Read more: https://lnkd.in/g5AcXC9w

We’re excited to share that Generate is ranked #4 on the Real Leaders 2024 Top Impact Companies list. This prestigious recognition is awarded to companies that have demonstrated outstanding impact work in key areas of #sustainability and #socialresponsibility. 

At Generate, our commitment to building a sustainable future is at the core of everything we do. This honor is a testament to our team's dedication and hard work across all facets of our business. Congratulations to Team Generate!

In a recent letter to the Treasury, more than a dozen Senators are calling for modifications to the IRA’s 45V tax credit to help catalyze the clean hydrogen market. As a sustainable infrastructure investor, operator, and market builder, Generate is excited for the role clean hydrogen can play in decarbonizing the economy – and we believe aligned legislation is a crucial component to building emerging clean technology markets. We support the Senators’ letter and ongoing industry efforts to create clearer hydrogen production pathways. 

https://lnkd.in/gwsz2_Ff

#SustainableInfrastructure

Generate is thrilled to announce our £38 million investment in GrowUp Farms, the UK's best-selling vertical farm. Vertical farming uses less land to grow crops closer to population centers, making it a key piece in decarbonizing how we grow our food. This investment builds on our existing partnership with GrowUp as the company expands rapidly to meet growing demand and provide a sustainable, reliable supply of ready-to-eat salads to the UK’s largest retailers. We are excited to continue supporting the GrowUp team in producing locally grown, pesticide-free greens that are good for customers and our planet. 

Read more: https://lnkd.in/ehCBMu7h

Congratulations to Blue Bird Corporation for being selected to receive an $80 million grant from the U.S. Department of Energy to accelerate school bus electrification. The grant will help Blue Bird convert a Georgia-based manufacturing site into a state-of-the-art electric school bus factory.
 
This latest grant funding marks yet another exciting step in Blue Bird and Generate's effort to meet the increasing demand for electric school buses. Last year, we announced our joint venture Clean Bus Solutions. 
 
Clean Bus Solutions’ fleet electrification-as-a-service offering makes it simpler for school districts to upgrade to EVs by offering a turnkey electrification solution that includes Blue Bird’s electric school buses, financing of both EVs and charging infrastructure, project planning and management, and fleet and charging optimization. 
 
We are excited for the momentum as we work to protect students' health and advance large-scale electrification across the U.S. 
 
Read more about Clean Bus Solutions: https://lnkd.in/gcTSbZ6T

Read more about Blue Bird's grant: https://lnkd.in/gervj5my

A recent installment of The EDGECELSIOR Show features Generate’s William A. Bubenicek joining Pete Bernard to discuss the lifeblood of #AI: power. 
  
As we navigate the demands of artificial intelligence, Bill and Pete delve into #sustainable solutions like onsite power and microgrids and explore the synergy between edge AI and the cloud. The episode is charged with insights on how Generate’s one-stop shop business model is fueling the transition to digital infrastructure sustainably. 
  
Listen here: https://lnkd.in/gA7s-2WJ

Metric
Company Name	Main Street Capital Corporation
Symbol	MAIN
MSH ID	COM:MAINSTCAPITAL
Market	STOCKS
Sector	Financial Services
Industry	Asset Management
Country	US
Stage
Employee Count	100
Website	mainstcapital.com
LinkedIn	generatecapital
Founders

Metric
Market Cap	4.46B
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	401.93M
Revenue (LTM)
Revenue (NTM)
Gross Profit	401.93M
EBITDA	553.66M
Operating Income	553.66M
Net Income	428.45M
EPS	5.23
Diluted EPS	5.23
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.99
Operating Profit Margin	1.10
EBITDA Margin	1.38
Net Profit Margin	0.92
Return on Equity	0.19
Return on Assets	0.10
Return on Capital Employed	0.14

COM:MAINSTCAPITAL

Main Street Capital Corporation

Last Close

53.18

22/11 21:00

Market Cap

4.46B

Beta: -

Volume Today

338.12K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	9.47
P/B Ratio	1.58
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	9.02
EV Multiple	4.29

Metric
Days Sales Outstanding	66.36
Days Payables Outstanding	13.00K
Days Inventory Outstanding
Operating Cycle	129.19
Cash Conversion Cycle	129.19
Asset Turnover	0.11

Metric
Operating Cash Flow	369.89M
Free Cash Flow	369.89M
Cash Flow to Debt	0.16
Operating Cash Flow/Sales	0.69
Free Cash Flow Yield	0.04

Metric
Cash & Equivalents	60.08M
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization	0.46
Debt to Assets	0.43
Current Ratio	0.81
Quick Ratio	0.51

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.03
R&D to Revenue
SG&A to Revenue	0.05