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Stock Market & Financial Investment News

News Breaks
January 21, 2014
09:17 EDTMAINMain Street initiated with a Buy at MLV & Co.
News For MAIN From The Last 14 Days
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November 13, 2014
16:17 EDTMAINMain Street promotes CFO Dwayne Hyzak to COO, Brent Smith promoted to CFO
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07:02 EDTMAINMain Street makes $8.0M investment in AFG Capital
Main Street recently led a new portfolio investment totaling $10.0M of invested capital in AFG Capital Group, with Main Street funding $8.0M of the investment. The proceeds of the investment were used to complete a minority recapitalization, refinance existing debt and provide capital to fund AFG's near-term growth opportunities. Main Street's investment in AFG included $6.8M of first-lien, senior secured term debt with equity warrant participation and a $1.2M equity investment. In addition, Main Street and its co-investor are providing AFG a commitment for additional term loans to support its future growth opportunities. Headquartered in Grandview, Texas, and founded in 2004, AFG offers rent-to-own financing solutions to various manufacturers, including barn, carport, storage shed and other manufacturers nationwide.

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