Group 1 - Main Street Capital Corporation has made a follow-on investment of $25.9 million in Nebraska Vet AcquireCo, LLC, supporting its acquisition of Muleshoe Animal Clinic and related entities [1] - The investment is part of Heritage Vet Partners' ongoing acquisition growth strategy in the rural, mixed, and large animal veterinary services sector [1][2] - Since Main Street's initial investment in December 2020, Heritage has completed fourteen acquisitions, significantly enhancing its platform across the United States [2] Group 2 - Heritage Vet Partners, founded in 1985 and headquartered in West Point, Nebraska, is a leading national provider of veterinary services and products for livestock producers and companion animal owners [2] - Main Street primarily provides long-term debt and equity capital to lower middle market companies, with portfolio companies typically having annual revenues between $10 million and $150 million [3] - Main Street's investment strategy includes supporting management buyouts, recapitalizations, growth financings, refinancings, and acquisitions across diverse industry sectors [3]
Main Street Announces Follow-On Investment