Irth Solutions has been acquired by Main St. Capital Corporation
Copper Run advised IRTH Solutions – a leading provider of software and services to the underground infrastructure damage prevention industry located in Columbus, Ohio.
Main Street Capital is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies. Main Street’s lower middle market investments are made to support management buyouts, recapitalizations, growth financings and acquisitions of companies that operate in diverse industry sectors and generally have annual revenues ranging from $10 million to $100 million. 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 closed a $6.9 million investment to support the acquisition of IRTH Solutions, Inc. by IRTH’s existing management team and a group of private investors.