Thursday, December 8, 2016

Main Street Funds Recap Of Hawk Ridge Systems

Houston-based private investment fund Main Street Capital said on Wednesday that it has led a portfolio investment in the recapitalization of Mountain View, California-based Hawk Ridge Systems. Main Street said it invested $13M in the form of senior secured term debt and direct equity investment, along with a co-investor, to help buy out the CEO's co-founding partners. Hawk Ridge is a value added reseller of SolidWorks' CAD/CAM and CAE tools. Hawk Ridge was founded in 1996.