Main Street Capital Corporation invests $49.3 million in the minority recapitalization of Moffitt Holdings, LLC. This investment aims to support Moffitt's growth in the bulk fuel and lubricant distribution industry.
Mar 25, 2025•9 months ago
Amount Raised
$49.3 Million
Investors
Main Street Capital Corporation
Description
Main Street Capital Corporation has completed a $49.3 million portfolio investment to facilitate the minority recapitalization of Moffitt Holdings, LLC. The investment includes a combination of first-lien, senior secured term debt and a direct equity investment. Moffitt is a leading provider of fuel and lubricant distribution solutions with a strong presence in the Texas market. The recapitalization will enhance Moffitt's operational capabilities and support its growth objectives.
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