Birmingham, MI, April 28, 2026 (GLOBE NEWSWIRE) -- Angle Advisors is pleased to announce that Shift Transit, LLC and Shift Transit Inc. (collectively, 'Shift Transit”), a leading micromobility operator providing comprehensive maintenance and logistics services for docked bikeshare and scooter share systems across North America, has been recapitalized by Main Street Capital Corporation (NYSE: MAIN) ('Main Street”). Main Street partnered with Shift Transit’s founders and existing owners to facilitate the transaction, with Main Street’s investment totaling $40.0 million comprised of a combination of first lien, senior secured term debt and a direct minority equity investment.
Angle Advisors announces Shift Transit has been recapitalized by Main Street Capital Corporation