Company Overview - Flame King Holdings, LLC is a leading supplier of propane storage solutions and accessories, founded in 1998 and headquartered in Commerce, California [2] - The company serves a diverse customer base, including retailers, propane tank exchangers, RV OEMs, and eCommerce platforms, catering to recreational, commercial, and industrial customers [2] - Flame King offers a complete line of steel and aluminum propane cylinders, with sizes ranging from 1 lb. to 420 lbs., designed for various residential, recreational, and industrial applications [2] Investment Details - Main Street Capital Corporation has completed a follow-on portfolio investment of $66.0 million to facilitate the minority recapitalization of Flame King [1] - The investment consists of first-lien, senior secured term debt and includes a revolving line of credit to support Flame King's growth initiatives and working capital needs [1] - Main Street initially invested in Flame King in October 2021, indicating a continued commitment to the company's growth [1] Main Street Capital Corporation Overview - Main Street Capital Corporation is a principal investment firm that provides customized long-term debt and equity capital solutions primarily to lower middle market companies [3] - The firm typically invests in management buyouts, recapitalizations, growth financings, refinancings, and acquisitions across diverse industry sectors [3] - Main Street's lower middle market portfolio companies generally have annual revenues between $10 million and $150 million, while its private loan portfolio companies have annual revenues between $25 million and $500 million [3]