MVC Capital, Inc. is one of those businesses that boost the growth of the economy by allowing small to medium sized businesses to flourish in the market. The company is focused on providing better opportunities for these promising ventures to thrive and make a name in the industry. It provides financial services and other related products that would optimize the potential of these middle-market companies.
The venture is registered as an externally-managed business development company (BDC). It is headquartered in Purchase, New York and markets its common shares using the ticker symbol MVC. It provides value to its shareholders by continuously seeking better opportunities to invest in a wide range of industries. It supports the growth of businesses through its yielding equity and other investments, which promotes recapitalization, acquisition and fund growth. The majority of the investments made by MVC Capital is on businesses that are sitused in the United States.
It has a rigid process of selecting the best investment and provides opportunities for growth for businesses in the industry of specialty chemicals, medical devices, consumer products, financial services, information technology, industrial manufacturing, automotive dealerships and on the energy sector, among others. The target of the company are those starting businesses that are categorized under the lower end of the middle market. These ventures are mostly those companies that are easily overlooked by investors and lenders because of the nature of their business. Part of the requirements of MVC Capital before they fund and invest in a company, is that the business should have an EBITDA (earnings before interest, taxes, depreciation, and amortization) between $3 million and $25 million. These businesses should have a an annual revenue ranging from $10 million to $150 million.
MVC Capital, Inc. is managed by The Tokarz Group Advisers. It is listed as a component of the Wilshire 5000 Index.