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Alternative Assets  + Private Debt  | 
Main Street Capital, an investment firm that provides long-term debt and equity capital to lower middle market companies, Invests $18.1M in World Micro Components

Main Street Capital Invests $18.1M in World Micro Components

Main Street Capital, an investment firm that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies, has made a $18.1 million investment in Roswell, Georgia-based World Micro Components, an electronic parts distributor in the aerospace and defense, healthcare, technology and industrial automation sectors.

Founded in 1994, World Micro offers a broad range of supply chain management solutions to its customers, including global sourcing, bill of material analysis, vendor consolidation, kitting services and cost reduction analysis.

Houston-based Main Street’s portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies.

The firm’s lower middle market companies generally have annual revenues between $10 million and $150 million.

In October, the firm made a similar portfolio investment in MetalForming for $31.3mn

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Inside The Story

Main Street CapitalWorld Micro Components

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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