financetom
Business
financetom
/
Business
/
Main Street Capital Reports $55.5 Million Gain From Partial Exit in Nebraska Vet
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Main Street Capital Reports $55.5 Million Gain From Partial Exit in Nebraska Vet
May 26, 2025 6:00 AM

10:53 AM EDT, 05/12/2025 (MT Newswires) -- Main Street Capital ( MAIN ) reported a gain of $55.5 million from the partial exit of its equity investment in Nebraska Vet AcquireCo, doing business as Heritage Vet Partners.

The gain included a minority equity ownership position in Heritage's acquirer, received as part of the sale proceeds, Main Street Capital ( MAIN ) said Monday in a statement. The company also collected $7.4 million in total dividends over the life of its equity investment.

Main Street fully exited its debt investments in Heritage following a majority recapitalization led by a new financial sponsor.

On a cumulative basis, including both debt and equity investments, the company realized a 32% internal rate of return.

Price: 54.37, Change: +1.42, Percent Change: +2.68

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hong Kong's AIA misses VONB estimates, unveils $1.6 billion buyback
Hong Kong's AIA misses VONB estimates, unveils $1.6 billion buyback
Mar 14, 2025
By Adwitiya Srivastava and Aaditya GovindRao (Reuters) - Hong-Kong based insurer AIA on Friday posted an 18% rise in annual value of new business (VONB) but missed estimates, while announcing a $1.6 billion share buyback that analysts said fell short of market expectations. The company's shares fell as much as 4.2% by 0615 GMT, hitting their lowest level since March...
Soccer-Man Utd captain Fernandes needs to trust his teammates, Amorim says
Soccer-Man Utd captain Fernandes needs to trust his teammates, Amorim says
Mar 14, 2025
March 14 (Reuters) - Manchester United ( MANU ) manager Ruben Amorim described Bruno Fernandes as the perfect captain on Thursday after his hat-trick sealed a 4-1 Europa League win over Real Sociedad but said the midfielder must also show some trust in his teammates. After a 1-1 draw in the first leg in Spain, United fell behind at Old...
BMW net profit slumps as weak China sales, brake problems plague earnings
BMW net profit slumps as weak China sales, brake problems plague earnings
Mar 14, 2025
BERLIN (Reuters) - BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an LSEG forecast, after a combination of weak sales in China and Germany as well as delivery hold-ups because of problems with a brake dented performance. The premium carmaker expects its earnings margin for cars to be 5-7%...
World's top electronics maker Foxconn Q4 profit drops 13%
World's top electronics maker Foxconn Q4 profit drops 13%
Mar 14, 2025
TAIPEI, March 14 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, reported a 13% drop in fourth-quarter profit as weak performance in its consumer electronics division offset strength in its AI server segment business. Net profit for October-December for Apple's ( AAPL ) top iPhone assembler and Nvidia's ( NVDA ) AI server maker came in at T$46.33...
Copyright 2023-2026 - www.financetom.com All Rights Reserved