Main Street (MAIN) Capital is pleased to announce that it recently fully exited its debt and equity investments in Pearl Meyer & Partners upon the completion of a majority recapitalization with a new financial sponsor. Founded in 1989, Pearl Meyer is the leading provider of executive compensation and leadership & development consulting services to a broad client base comprised of public company boards of directors, executive management teams, financial sponsors and private companies operating in a diverse set of industries. Main Street realized a gain of $53.7M on the exit of its equity investment in Pearl Meyer with this realized value representing an increase of $6.2M above Main Street’s fair market value for this investment as of September 30, 2024.
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