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Main Street Capital Announces New Portfolio Investment

HOUSTON, June 26, 2012 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") announced today that it recently closed a new portfolio investment totaling $10.0 million of invested capital in B.J. Alan Company ("Phantom Fireworks"). Main Street's investment in Phantom Fireworks consists of $10.0 million in second lien secured debt. Headquartered in Youngstown, Ohio, Phantom Fireworks is the nation's largest showroom fireworks retailer and second largest importer, wholesaler and distributor of consumer fireworks. Phantom Fireworks maintains an extensive portfolio of trademarked private label consumer fireworks products and has 53 permanent showrooms in 13 states and 1,400+ seasonal retail fireworks locations in 17 states. Phantom Fireworks also services wholesale accounts in 46 states, managing chain store programs for retailers, wholesalers and distributors. Main Street's investment refinances existing second lien debt and provides growth financing to Phantom Fireworks.

ABOUT MAIN STREET CAPITAL CORPORATION

Main Street ( www.mainstcapital.com) is a principal investment firm that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors.  Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio.  Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.

Contacts: Main Street Capital Corporation Dwayne L. Hyzak, CFO and Senior Managing Director dhyzak@mainstcapital.com 713-350-6000 

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