1 Dec, 2021

DMA Sales recapitalized via senior debt, minority equity investment

DMA Sales LLC has been recapitalized via a debt-and-equity investment.

Main Street Capital Corp. funded $27.1 million of senior secured first-lien term debt and a direct minority equity investment, according to a statement from the companies. DMA is a new portfolio investment for Main Street.

DMA Sales, based in North Carolina, designs and distributes ride control and other products for automobiles, utility vehicles and select industrial equipment.