Main Street Capital Corporation completed two new lower middle market portfolio investments totaling $35.1 million in invested capital.

Main Street recently closed a $21.1 million investment in Bond-Coat, Inc. Main Street's investment in Bond-Coat consists of $14.8 million in first lien, senior secured debt and a $6.3 million direct equity investment. Founded in 1964, Bond-Coat provides external casing and tubing coating for corrosion prevention and cement adhesion. Bond-Coat is headquartered Odessa, TX and primarily serves upstream oil and gas customers throughout the Permian Basin.

Main Street also recently closed a $14.0 million investment in Marine Shelters Holdings, LLC d/b/a/ LoneStar Marine Shelters, with Main Street's investment in LoneStar including an investment in first lien, senior secured debt and a direct equity investment. Headquartered in Galveston, TX, LoneStar is an experienced ISO 9001 certified custom marine building fabricator specializing in high blast rated and high fire rated buildings for the offshore oil and gas industry. Main Street partnered with LoneStar's management team to facilitate the recapitalization of LoneStar and support LoneStar's future growth.

Main Street is a principal investment firm that provides long-term debt and equity capital to lower middle-market companies and debt capital to middle market companies.