On January 12, 2022, Robbins Brothers’ (“the Company”) Executive Leadership Team completed a management buyout of the Company. Main Street Capital Corporation (NYSE: MAIN) (“Main Street”), along with its co-investors, partnered with the Company’s senior management team to provide funding in a combination of first-lien, senior secured term debt and a direct equity investment to finance the transaction and provide capital to support the Company’s future growth.

The Consumer Investment Banking practice of Kroll Corporate Finance served as M&A advisor to Robbins Brothers in connection with the transaction.

About Robbins Brothers
Headquartered in Azusa, California, Robbins Brothers operates 15 retail jewelry stores in California, Texas, Washington, Arizona, and online, primarily in the bridal segment. With over a 100-year operating history, the company provides extensive product education, exceptional quality and value, and steadfast commitment to its customers. Its focus on bridal jewelry allows Robbins Brothers to deliver an unparalleled selection of styles including an extensive range of exclusive private label and designer collections. McDermott Will & Emery LLP served as legal counsel to Robbins Brothers.

About Comvest Partners
Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across the U.S. Since its founding in 2000, Comvest Partners has invested over $7.1 billion. Today, Comvest Partners has approximately $6.5 billion in assets under management. Through its extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance. 

About Main Street Capital Corporation 
Main Street is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market investment strategy. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. Locke Lord served as legal counsel to Main Street in connection with the transaction.