Main Street Capital closed a new portfolio investment totaling $16.8 million of invested capital in Southern RV, LLC and Southern RV Real Estate, LLC (collectively, "Southern RV"). Main Street's investment in Southern RV consists of $14.6 million in first lien, senior secured term debt, of which $3.3 million is a first lien mortgage loan, and a $2.2 million direct equity investment.

Southern RV is one of the largest dealers of new and used recreational vehicles ("RV") and related services in the Gulf Coast region.   Founded in 2000, Southern RV operates under the Southern RV Supercenter name and offers more than 20 brands of RVs at its dealerships in Bossier City, LA, Tyler, TX, and Lafayette, LA. Southern RV Real Estate, LLC owns the real property assets of Southern RV's Bossier City, LA and Tyler, TX locations. Main Street partnered with Southern RV's founders and management team, who collectively contributed approximately $4.0 million in equity capital, to facilitate the recapitalization and growth financing of Southern RV.

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.