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