Main Street Capital Corporation recently led a new portfolio investment totaling $25.0 million of invested capital to facilitate the recapitalization of M.H. Corbin, Inc., with Main Street funding $20.0 million of the investment.  Main Street's investment in M.H. Corbin included a combination of first-lien, senior secured term debt and a direct equity investment.  Main Street and its co-investor partnered with the Company's founders and other members of management to facilitate the recapitalization.

Headquartered in Plain City, Ohio, and founded in 1986, M.H. Corbin is a prominent manufacturer and distributor of highway safety and traffic management products.  M.H. Corbin's manufactured products include highway advisory radios, portable traffic analyzers, distance measurement instruments, fiberglass noise barriers and flashing beacons.  The company's distributed products include intelligent traffic devices, traffic safety equipment, impact attenuation products and road weather information systems.

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. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors.