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Main Street Capital announced today that it has made an investment of $10 million in second lien secured debt of the B.J. Alan Company d/b/a Phantom Fireworks. The investment refinances existing second lien debt and provides growth financing to Phantom Fireworks.

Phantom Fireworks is the nation’s largest showroom fireworks retailer and second largest importer, wholesaler and distributor of consumer fireworks. The company maintains a portfolio of trademarked private label consumer fireworks products and has 53 permanent showrooms in 13 states and 1,400+ seasonal retail fireworks locations in 17 states. Phantom Fireworks also services wholesale accounts in 46 states, managing chain store programs for retailers, wholesalers and distributors. The company is headquartered in Youngstown, OH (www.fireworks.com).

Main Street Capital provides long-term debt and equity capital to middle market and lower middle market companies in diverse industry sectors that generally have annual revenues ranging from $10 million to $150 million. Main Street provides “one stop” financing alternatives within its lower middle market portfolio. The firm is based in Houston, TX (www.mainstcapital.com).