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Veterinary service gets cash infusion
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Main Street Capital recaps Nebraska Veterinary Services and Heritage Animal Health
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Main Street Invests $17.0 Million in Northeast Nebraska Vet Services, PC & Heritage Animal Health, LLC
Main Street Capital Corporation (NYSE:Â MAIN) (“Main Street”) is pleased to announce that it recently completed a new portfolio investment to facilitate the minority recapitalization of Northeast Nebraska Vet Services, PC and Heritage Animal Health, LLC (together “NVS” or the “Company”), a leading provider of veterinary products and
services to livestock production farms and companion animal owners throughout the midwestern United States. Main Street partnered with the Company’s existing owners and senior management team to facilitate the transaction and provide growth capital, with Main Street funding $17.0 million in a combination of first-lien, senior secured term debt and a minority direct equity investment. Main Street is also providing NVS with a revolving line of credit to support its future growth initiatives and working capital needs and has agree
Main Street Announces New Portfolio Investment
Invests $17.0 Million in Northeast Nebraska Vet Services, PC & Heritage Animal Health, LLC
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HOUSTON, Jan. 6, 2021 /PRNewswire/ Main Street Capital Corporation (NYSE: MAIN) ( Main Street ) is pleased to announce that it recently completed a new portfolio investment to facilitate the minority recapitalization of Northeast Nebraska Vet Services, PC and Heritage Animal Health, LLC (together NVS or the Company ), a leading provider of veterinary products and services to livestock production farms and companion animal owners throughout the midwestern United States. Main Street partnered with the Company s existing owners and senior management team to facilitate the transaction and provide growth capital, with Main Street funding $17.0 million in a combination of first-lien, senior secured term debt and a minority direct equity investment. Main Street is also providing NVS with a r