Main Street Capital Corp., an investment firm providing debt and equity capital to lower middle-market companies and debt capital to middle-market companies, has made a new portfolio investment in MetalForming LLC to facilitate the recapitalization of the company.

MetalForming is a distributor of metal folding machines and a supplier of architectural sheet metal machines in North America. Main Street and its co-investor partnered with a private investment group, MetalForming’s management team and MetalForming’s founder and existing owner to facilitate the transaction and provide growth capital, with Main Street funding $31.3 million in a combination of first lien, senior secured term debt and a direct equity investment. Additionally, Main Street and its co-investor also provided MetalForming with a revolving line of credit to support the company’s growth initiatives and working capital needs.