MVC and Riga Capital conclude equity investment in FIMA UAB

MVC Capital, a publicly traded Private Equity company announced that, along with its partner Riga Capital, has completed a € 19.7 million (USD 28.1 million) capital increase into Lithuanian based systems integrator, FIMA.

Newly formed Dutch corporation, Securities Holding BV, acted as the holding company for the transaction.

FIMA (www.fima.lt)
FIMA has been Lithuania’s leading developer of electronic engineering and project management solutions for over a decade. The main objective of the company in the area of quality and environment protection is constant development of a management system which increases quality control and implements environmental safeguards.

MVC Capital Inc. (www.mvccapital.com)
MVC provides long term equity and debt investment capital to fund growth as well as acquisitions of small and middle-market companies in a variety of U.S. industries. MVC’s investment vehicles can include common or preferred stock, warrants and convertible securities. MVC Capital is managed by Tokarz Group Advisors, LLC.

To date the fund’s total Net Asset Value (NAV) is € 294.7 million (USD 421,040,539).

Riga Capital (www.rigacapital.com)
Riga Capital acquires companies with strong growth potential and works with management to create shareholder value through the development of export strategies and regional expansion. Riga operates in the Balitc region, Eastern Europe and the CIS.

Riga’s Target Investment Portfolio includes companies that demonstrate strong growth potential, exhibit strategic and operational cross synergies with other companies and possess successful management teams.