v3.26.1
COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Outstanding Commitments
As of June 30, 2026, Main Street had the following outstanding commitments (in thousands):
Investments with equity capital commitments that have not yet funded:
June 30, 2026
Brightwood Capital Fund Investments
Brightwood Capital Fund V, LP$100 
Brightwood Capital Fund III, LP65 
165 
EnCap Equity - Fund XII, LP3,612 
Harris Preston Fund Investments
HPEP 5, L.P.9,500 
HPEP 4, L.P.4,456 
HPEP 3, L.P.1,308 
423 AER II, LP59 
2717 HPP-MS, LP44 
15,367 
MS Private Loan Fund II, LP4,500 
UnionRock Energy Fund Investments
UnionRock Energy Fund III, LP5,300 
UnionRock Energy Fund II, LP2,820 
8,120 
Total Equity Commitments (1)(2)$31,764 
Investments with commitments to fund revolving loans that have not been fully drawn or term loans with additional commitments not yet funded:
Horwitz Holdings, LLC$57,029 
CRC Evans USA Bidco, Inc.38,167 
MSC Income Fund, Inc.30,000 
Mission Critical Group24,230 
Creative Foam Corporation15,375 
Auria Space, LLC11,401 
MS Private Loan Fund II, LP10,000 
Core Transformers9,404 
Electro Technical Industries, LLC8,894 
Airo Purchaser, Inc.7,884 
Richardson Sales Solutions7,806 
South Coast Terminals Holdings, LLC7,160 
TEC Services, LLC6,467 
AVEX Aviation Holdings, LLC6,309 
Winter Services LLC5,556 
AGS American Glass Services Acquisition, LLC5,360 
SI East, LLC5,250 
GradeEight Corp.4,866 
PavCon LLC4,650 
Direct Marketing Solutions, Inc.4,250 
Hawk Ridge Systems, LLC4,105 
UBM AcquireCo LLC4,000 
CGMS Parent LLC4,000 
Infinity X1 Holdings, LLC4,000 
Chamberlin Holding LLC4,000 
Pro-Max Restoration & Paint, LLC3,607 
Microbe Formulas, LLC3,601 
MS Private Loan Fund I, LP3,520 
IG Investor, LLC3,200 
Garyline, LLC3,029 
Cody Pools, Inc.2,950 
Hornblower Sub, LLC2,945 
Rug Doctor, LLC.2,804 
ZRG Partners, LLC2,779 
Career Team Holdings, LLC2,700 
GS HVAM Intermediate, LLC2,667 
Nearshore AcquireCo, LLC2,500 
IG Parent Corporation2,347 
CQ Fluency, LLC2,250 
KMS, LLC2,171 
Revenue Recovery Holdings, LLC2,000 
Coregistics Buyer LLC1,908 
Iron-Main Investments, LLC1,600 
Pinnacle TopCo, LLC1,600 
Colonial Electric Company LLC1,600 
MCT Purchaserco Holding Inc.1,308 
Victory Energy Operations, LLC1,292 
Shift Transit ParentCo, LP1,250 
Watterson Brands, LLC1,207 
Clad-Rex Steel, LLC1,200 
Legacy Swim Group1,195 
B-O-F Corporation1,161 
Bond Brand Loyalty ULC1,142 
SPAU Holdings, LLC1,086 
American Health Staffing Group, Inc.1,000 
Gulf Manufacturing, LLC1,000 
RFG AcquireCo, LLC1,000 
Channel Partners Intermediateco, LLC932 
Escalent, Inc.901 
ATS Operating, LLC900 
Insight Borrower Corporation823 
Computer Data Source, LLC713 
Adams Publishing Group, LLC628 
Invincible Boat Company, LLC.622 
Behavior Development Group Holdings600 
Jensen Jewelers of Idaho, LLC500 
Roof Opco, LLC311 
GULF PACIFIC ACQUISITION, LLC252 
ArborWorks, LLC182 
Wash & Wax Systems LLC161 
Obra Capital, Inc.148 
Implus Footcare, LLC136 
Titan Meter Midco Corp.36 
Total Loan Commitments$363,627 
Total Commitments$395,391 
As of December 31, 2025, Main Street had the following outstanding commitments (in thousands):
Investments with equity capital commitments that have not yet funded:December 31, 2025
Brightwood Capital Fund Investments
Brightwood Capital Fund V, LP$100 
Brightwood Capital Fund III, LP65 
165 
EnCap Equity - Fund XII, LP3,672 
Harris Preston Fund Investments
HPEP 4, L.P.5,742 
HPEP 3, L.P.1,308 
423 AER II, LP147 
2717 HPP-MS, LP44 
7,241 
MS Private Loan Fund II, LP4,500 
UnionRock Energy Fund Investments
UnionRock Energy Fund III, LP4,782 
UnionRock Energy Fund II, LP2,751 
7,533 
Total Equity Commitments (1)(2)$23,111 
Investments with commitments to fund revolving loans that have not been fully drawn or term loans with additional commitments not yet funded:
Royal Cup Inc.$76,143 
Auria Space, LLC72,205 
CRC Evans USA Bidco, Inc.31,328 
Mission Critical Group24,343 
TEC Services, LLC16,167 
Creative Foam Corporation15,375 
ZRG Partners, LLC12,559 
MS Private Loan Fund II, LP10,000 
Core Transformers9,404 
Flame King Holdings, LLC8,000 
Airo Purchaser, Inc.7,884 
South Coast Terminals Holdings, LLC7,160 
Richardson Sales Solutions6,453 
AVEX Aviation Holdings, LLC6,309 
AGS American Glass Services Acquisition, LLC5,360 
BP Loenbro Holdings Inc.5,332 
MCT Purchaserco Holding Inc.5,295 
SI East, LLC5,250 
Garyline, LLC5,082 
GradeEight Corp.5,004 
Gulf Manufacturing, LLC5,000 
Electro Technical Industries, LLC4,588 
Cody Pools, Inc.4,214 
UBM AcquireCo LLC4,000 
Chamberlin Holding LLC4,000 
CGMS Parent LLC4,000 
Microbe Formulas, LLC3,601 
SPAU Holdings, LLC3,194 
MS Private Loan Fund I, LP3,000 
KMS, LLC2,714 
Career Team Holdings, LLC2,700 
Bettercloud, Inc.2,594 
Victory Energy Operations, LLC2,585 
IG Parent Corporation2,500 
Nearshore AcquireCo, LLC2,500 
Centre Technologies Holdings, LLC2,400 
IG Investor, LLC2,400 
CQ Fluency, LLC2,250 
Titan Meter Midco Corp.2,159 
Bluestem Brands, Inc.2,154 
FRG AcquireCo, LLC2,000 
Revenue Recovery Holdings, LLC2,000 
Coregistics Buyer LLC1,908 
Rug Doctor, LLC.1,904 
CenterPeak Holdings, LLC1,800 
Pinnacle TopCo, LLC1,600 
Colonial Electric Company LLC1,600 
Trantech Radiator Topco, LLC1,600 
Winter Services LLC1,556 
Behavior Development Group Holdings1,500 
Escalent, Inc.1,326 
Gamber-Johnson Holdings, LLC1,200 
Clad-Rex Steel, LLC1,200 
B-O-F Corporation1,161 
Insight Borrower Corporation1,132 
Channel Partners Intermediateco, LLC1,036 
American Health Staffing Group, Inc.1,000 
RFG AcquireCo, LLC1,000 
Bond Brand Loyalty ULC856 
ATS Operating, LLC540 
AAC Holdings, Inc.527 
ArborWorks, LLC510 
Jensen Jewelers of Idaho, LLC500 
RA Outdoors LLC453 
Roof Opco, LLC311 
Mini Melts of America, LLC299 
Implus Footcare, LLC176 
Wash & Wax Systems LLC161 
GULF PACIFIC ACQUISITION, LLC151 
Obra Capital, Inc.148 
Hornblower Sub, LLC112 
Invincible Boat Company, LLC.104 
Total Loan Commitments$428,577 
Total Commitments$451,688 
___________________________
(1)As of both June 30, 2026 and December 31, 2025, this table excludes commitments related to four additional Other Portfolio investments for which the investment period has expired and the remaining commitments may only be drawn to pay fund expenses. The Company does not expect any material future capital to be called on its commitment to these investments and as a result has excluded those commitments from this table.
(2)As of both June 30, 2026 and December 31, 2025, this table excludes commitments related to five additional Other Portfolio investments for which the investment period has expired and the remaining commitments may only be drawn to pay fund expenses or for follow-on investments in existing portfolio companies. The Company does not expect any material future capital to be called on its commitment to these investments to pay fund expenses, and based on representations from the fund manager, the Company does not expect any further capital will be called on its commitment for follow-on investments. As a result, the Company has excluded those commitments from this table.