Target Information

Recently, Main Street Capital Corporation announced a strategic investment of $47.0 million aimed at the minority recapitalization of a prominent swim school franchisee. The investment was executed in partnership with the company's existing owners and management team, integrating both a first lien, senior secured term debt and a direct minority equity investment.

The franchisee, established over a decade ago, has emerged as a leader in providing swim instruction for young learners, boasting over 40 locations across ten states. With a committed management team, the company focuses on delivering a safe and high-quality swim experience, empowering children to become confident swimmers for life.

Industry Overview in the United States

The swim school industry in the United States has witnessed substantial growth in recent years, fueled by a growing awareness of water safety and the increasing number of parents seeking quality swim instructi