Main Street Invests $42.5 Million in Doral Corporation Recapitalization

MAIN
September 18, 2025
Main Street Capital Corporation announced on May 22, 2025, a new portfolio investment to facilitate the minority recapitalization of Doral Corporation. Doral is a leading midwestern U.S. based contractor specializing in rigging, millwrighting, machinery moving, steel fabrication, and material handling installation. Main Street partnered with the company's existing owner to complete the transaction, funding $42.5 million. This investment included a combination of first lien, senior secured term debt and a direct equity investment. Doral, founded in 1972 and headquartered in Milwaukee, Wisconsin, provides specialty contracting services across the U.S. to various end markets. This strategic investment expands Main Street's presence in the industrial services sector. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.