On April 13th 2018, MVI Fund I portfolio company Lakers closed its tenth add-on investment, Electro Care. MVI is therefore happy to present you with this transaction update.
Investment date: April 13th 2018
Transaction target: Electro Care
Industry: Service provider with focus on pumps and electrical motors
Key investment highlights
For further information please contact:
Stefan Karlsson, Partner
Tel: +46 70 601 00 39, e-mail: firstname.lastname@example.org
Founded in 1992, MVI is a Swedish private equity group investing in profitable companies in growing markets with significant development potential. The investment team and the MVI network proactively support portfolio companies to maximize their potential to create value. MVI is currently investing from MVI Fund I AB.
MVI Fund I AB has invested in three platform companies: Lakers, Great Security and Art Clinic. Lakers is an attractive buy-and-build case within the pump and wastewater industry targeting Nordic aftermarket and service companies. So far, 10 companies have been acquired under Lakers in Denmark, Norway and Sweden. Great Security focuses on security installation and services such as security alarms, fire protection and access control, and has completed 6 acquisitions. Art Clinic is a leading provider of specialist care in Sweden with three state-of-the-art clinics.