Main Street Deploys $21.1M to Support Acquisitions at Three Portfolio Firms
Main Street invested $21.1 million in follow-on financing across Nello Industries, Revolution, and Gamber-Johnson to support strategic acquisitions. The $9.2M, $7.5M and $4.4M senior secured term loans represent additional commitments to existing portfolio companies since initial partnerships between 2016 and 2025.
1. Follow-On Investment Overview
Main Street completed follow-on investments totaling $21.1 million in three existing portfolio companies to support strategic acquisitions. The funding underscores its commitment to providing long-term debt solutions that facilitate growth and buyout transactions.
2. Nello Industries Investment
Main Street contributed an additional $9.2 million first lien, senior secured term loan alongside MSC Income Fund in its fourth follow-on funding since 2024. This investment backs Nello Industries' acquisition to expand its engineered steel pole and structure offerings for electric utility substations and commercial markets.
3. Revolution Funding Details
Main Street invested $7.5 million through a first lien, senior secured term loan, marking its second follow-on in Revolution since June 2025. The capital will support a strategic acquisition aimed at broadening Revolution's aerial survey and geospatial service capabilities, including maintenance, repair and overhaul facilities.
4. Gamber-Johnson Acquisition Support
Main Street provided $4.4 million in a first lien, senior secured term loan alongside MSC Income Fund, marking its seventh follow-on investment since 2016. The funding underpins Gamber-Johnson's acquisition of a weapons-retention solutions provider to enhance its one-stop shop for law enforcement vehicle mounting systems.