v3.26.3
COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Outstanding Commitments
As of September 30, 2026, Main Street had the following outstanding commitments (in thousands):
Investments with equity capital commitments that have not yet funded:
September 30, 2026
Brightwood Capital Fund III, LP$65 
EnCap Equity - Fund XII, LP2,756 
Harris Preston Fund Investments
HPEP 5, L.P.9,000 
HPEP 4, L.P.4,456 
HPEP 3, L.P.1,308 
423 AER II, LP59 
2717 HPP-MS, LP44 
14,867 
MS Private Loan Fund II, LP2,250 
UnionRock Energy Fund Investments
UnionRock Energy Fund III, LP3,550 
UnionRock Energy Fund II, LP2,498 
6,048 
Total Equity Commitments (1)(2)$25,986 
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$39,921 
CRC Evans USA Bidco, Inc.38,167 
MSC Income Fund, Inc.30,000 
Mission Critical Group20,483 
Nexus Power Enterprises, LLC19,200 
WECS Group, LLC18,000 
Creative Foam Corporation15,375 
Auria Space, LLC11,401 
MS Private Loan Fund II, LP10,000 
Richardson Sales Solutions7,806 
South Coast Terminals Holdings, LLC7,160 
TEC Services, LLC6,467 
AVEX Aviation Holdings, LLC6,309 
ZRG Partners, LLC5,558 
Resodyn, LLC5,266 
SI East, LLC5,250 
Airo Purchaser, Inc.5,125 
GradeEight Corp.5,016 
Hornblower Sub, LLC4,865 
Rug Doctor, LLC.4,725 
Winter Services LLC4,667 
PavCon LLC4,650 
Direct Marketing Solutions, Inc.4,250 
Hawk Ridge Systems, LLC4,105 
UBM AcquireCo LLC4,000 
Chamberlin Holding LLC4,000 
CGMS Parent LLC4,000 
Infinity X1 Holdings, LLC4,000 
Pro-Max Restoration & Paint, LLC3,607 
Microbe Formulas, LLC3,601 
Victory Energy Operations, LLC3,446 
IG Investor, LLC3,200 
AGS American Glass Services Acquisition, LLC3,005 
KMS, LLC2,714 
Career Team Holdings, LLC2,700 
MS Private Loan Fund I, LP2,690 
Nearshore AcquireCo, LLC2,500 
IG Parent Corporation2,454 
Shift Transit ParentCo, LP2,250 
CQ Fluency, LLC2,250 
Revenue Recovery Holdings, LLC2,000 
FRG AcquireCo, LLC2,000 
Coregistics Buyer LLC1,908 
Garyline, LLC1,879 
Computer Data Source, LLC1,750 
Iron-Main Investments, LLC1,600 
Pinnacle TopCo, LLC1,600 
Colonial Electric Company LLC1,600 
Bond Brand Loyalty ULC1,284 
Watterson Brands, LLC1,207 
Clad-Rex Steel, LLC1,200 
Legacy Swim Group1,195 
B-O-F Corporation1,161 
Insight Borrower Corporation1,111 
Escalent, Inc.1,034 
American Health Staffing Group, Inc.1,000 
ATS Operating, LLC900 
Titan Meter Midco Corp.756 
Invincible Boat Company, LLC.622 
SPAU Holdings, LLC511 
Jensen Jewelers of Idaho, LLC500 
MCT Purchaserco Holding Inc.311 
GULF PACIFIC ACQUISITION, LLC252 
Obra Capital, Inc.148 
Implus Footcare, LLC116 
AAC Holdings, Inc.106 
Wash & Wax Systems LLC80 
Adams Publishing Group, LLC2 
Total Loan Commitments$362,016 
Total Commitments$388,002 
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 September 30, 2026 and December 31, 2025, this table excludes commitments related to three and four additional Other Portfolio investments, respectively, 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 capital to be called on its commitment to these investments in the future and as a result has excluded those commitments from this table.
(2)As of September 30, 2026 and December 31, 2025, this table excludes commitments related to four and five additional Other Portfolio investments, respectively, 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 capital to be called in the future 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.