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New Deal


Announced

Completed

Main Street Capital completed the acquisition of IG Holdings from Summer Street Capital Partners for $52.8m.

Financials

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Transaction Value£41m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private Equity

Single Bidder

Cross Border

Public

Acquisition

Completed

Friendly

tactical gear

military uniforms

Defense

United States

Synopsis

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Main Street Capital, a principal investment firm, completed the acquisition of IG Holdings, a manufacturer and distributor of uniform insignia and marketer of tactical gear, accessories and military pride products, from Summer Street Capital Partners, a private equity investment firm, for $52.8m. Main Street, along with its co-investor, partnered with the Company's management team to facilitate a management led buyout of the Company, with Main Street funding $52.8 million in a combination of first lien, senior secured term debt and a direct equity investment. In addition, Main Street and its co-investor provided the Company with a revolving line of credit to support the Company's future growth initiatives and working capital needs.

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