Consumer, Manufacturing & Distribution
Tedder Industries LLC Recapitalized by Main Street Capital Corporation
Published September 6, 2018
FOR IMMEDIATE RELEASE // SEATTLE, WASHINGTON – CLA Meridian Capital, a Seattle-based middle market corporate finance and M&A advisory firm, is pleased to announce the recapitalization of their client, Tedder Industries LLC (the “Company”) by Main Street Capital Corporation (NYSE:MAIN), a publicly-traded investment firm based in Houston, TX, that provides long-term debt and equity capital to middle market companies. Thomas Tedder, Tedder Industries’ founder and the management team maintain significant ownership interest in the Company, one of the largest and fastest growing manufacturers of holsters and accessories. The transaction positions Tedder Industries for continued growth through accelerating product development initiatives and expanding into the military and law enforcement channels.
“CLA Meridian Capital’s insights, consumer expertise and transaction process experience guided us to a tremendous outcome and great partnership with Main Street. We are certain that we would never have achieved the outstanding results we did without the help we received from the CLA Meridian Capital team.”
Thomas Tedder, Founder
Tedder Industries LLC
“Tedder Industries and its founder are poster children for how to develop a new business and brand. The Company’s leading direct-to-consumer model and loyal brand following position it for strong growth going forward. The Company is a true success story. The team at CLA Meridian Capital is delighted that it had the opportunity to help the Tedder family and management team achieve their goals.”
Bruce Pym, Managing Director
CLA Meridian Capital
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About CLA Meridian Capital
CLA Meridian Capital is the investment banking division of CliftonLarsonAllen (CLA) Wealth Advisors, LLC, an SEC registered investment advisor and broker dealer, member FINRA/SIPC. With 30+ years of middle-market M&A and financial advisory experience, $22 billion in total transaction value, and deep industry knowledge across the Consumer, Industrials, and Technology sectors, CLA Meridian Capital helps our clients preserve the value they’ve built and the legacies they leave behind.
