MAIN News & Events

Main Street Capital is pleased to announce that it recently completed a new portfolio investment totaling $61.5M to facilitate the minority recapitalization of an industry leading specialized structural steel fabricator. Main Street partnered with the company's existing owners and management team to facilitate the transaction, with Main Street's investment including a combination of first lien, senior secured term debt and a direct minority equity investment. In addition, Main Street provided the company with a revolving line of credit to support the company's future growth initiatives and working capital needs.

Net asset value of $33.33 per share as of December 31, 2025, representing an increase of 55c per share, or 1.7%, compared to $32.78 per share as of September 30, 2025. In commenting on the Company's operating results for the fourth quarter and full year of 2025, Dwayne Hyzak, Main Street's CEO, stated, "We are extremely pleased with our continued strong performance in the fourth quarter, which closed another great year for Main Street. This strong performance included several new quarterly and annual records across our key performance metrics. After our positive performance in the first three quarters of 2025, our strong performance in the fourth quarter resulted in a return on equity of 17.7% for the fourth quarter and 17.1% for the full year, strong levels of net investment income per share and distributable net investment income per share and a record net asset value per share, primarily driven by a significant net fair value increase of our investments, and including the benefits of material net realized gains in both our lower middle market and private loan investment portfolios. We also produced extremely strong fourth quarter investment activity in our unique lower middle market investment strategy, resulting in an annual record for gross investments of over $700 million in 2025. We believe that these continued strong results demonstrate the sustainable strength of our overall platform, the benefits of our differentiated and diversified investment strategies, the unique contributions of our asset management business and the continued underlying strength and quality of our portfolio companies."

In addition to the regular monthly dividends for the second quarter of 2026, the Board of Directors declared a supplemental cash dividend of 30c per share payable in March 2026. This supplemental cash dividend will be paid out of Main Street's undistributed taxable income as of December 31, 2025.