Main Street Announces Follow-On Investment
Summary
Headquartered in Paragould, Arkansas, with business origins dating back to 1880, GRT is a leading manufacturer of engineered rubber products, including conveyor belts and sheet rubber products for many applications across a diversified array of end-markets. Over its 100+ year history, the Company has developed strong brands and a reputation for high quality, reliable products and differentiated customer service. This acquisition adds significant value to GRTs existing portfolio of products and services and continues the Companys growth strategy. Main Streets 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.