Main Street exits portfolio investment

|About: Main Street Capital (MAIN)|By:, SA News Editor

Main Street Capital (MAIN) has fully exited its debt and equity investments in Van Gilder Insurance Corporation amid the sale of the company to USI Insurance Services.

Main Street made its initial investment in Van Gilder in 2011, consisting of $8.2M in debt and $2.5M in equity, and has realized an IRR of 16.2% since.