Main Street Capital Corporation has invested $14 million in The Financial Risk Group, LLC to support its minority recapitalization and enhance its risk management solutions.

Information on the Target

The Financial Risk Group, LLC (FRG), headquartered in Cary, North Carolina, is a leading firm in the risk management sector. Established in 2006, FRG specializes in providing technology-enabled risk management advisory, implementation, and software solutions. The company's primary objective is to help clients effectively navigate financial governance and ensure regulatory compliance.

FRG offers a comprehensive suite of services, including risk analytics and data management consulting, strategy formulation, process selection, software implementation, business analytics, technical support, and managed cloud-based solutions. Its proprietary risk modeling software is integral to aiding a diverse clientele of blue-chip domestic and international financial institutions, alongside insurance companies and commercial clients.

Industry Overview in the Target’s Specific Country

The risk management industry in the United States has witnessed substantial growth, driven by increasing regulatory requirements and a heightened focus on fi