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Main Street Capital Makes $25.9 Million Follow-on Investment in Heritage Vet Partners to Support Acquisition
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Main Street Capital Makes $25.9 Million Follow-on Investment in Heritage Vet Partners to Support Acquisition
May 14, 2024 5:30 AM

08:02 AM EDT, 05/14/2024 (MT Newswires) -- Main Street Capital ( MAIN ) said Tuesday that it completed a follow-on investment of $25.9 million in Nebraska Vet AcquireCo, LLC, doing business as Heritage Vet Partners, PC, to support its acquisition of Muleshoe Animal Clinic, PLLC, Muleshoe Vet Labs, LLC and Muleshoe Vet Supply, LP.

The investment consists of an additional first lien, senior secured term loan and is Main Street's ninth follow-on investment in the company.

Main Street originally invested in Heritage in December 2020 to facilitate the company's acquisition growth strategy, the company said.

Price: 49.34, Change: +0.39, Percent Change: +0.80

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