Recently in Birmingham, MI, Angle Advisors shared the exciting news of the recapitalization of Shift Transit, LLC and Shift Transit Inc., known jointly as “Shift Transit”. Shift Transit is a prominent micromobility operator that offers extensive maintenance and logistics services for docked bikeshare and scooter share systems throughout North America. Main Street Capital Corporation (NYSE: MAIN) led the recapitalization in partnership with Shift Transit’s founders and current owners. Main Street’s total investment in the transaction amounted to $40.0 million, including a blend of first lien, senior secured term debt, and a direct minority equity investment.