MVI completes the first closing on MVI Fund II

The Fund will continue to execute the successful strategy implemented by MVI since 2011, through buyout investments in high-quality, small companies in the Nordic region.

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Fund II will target control investments in companies that have solid fundamentals, show potential for strong organic growth, lend themselves to buy-and-build strategies and are positioned to take advantage of sustainable industry trends.

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MVI has recently completed the investment period of MVI Fund I AB (“Fund I”) with the closing of its sixth platform. The investment, which closed on the 29th of May 2020, was in a Nordic e-commerce company.

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Stefan Karlsson, Partner at MVI commented, “We are very pleased to announce a first close on Fund II of SEK 688 million, an amount which surpasses the size of our previous fund and demonstrates the conviction of both existing and new investors in a challenging fundraising market. We believe that the current environment creates significant opportunities to invest and grow companies in the Nordic small-cap segment. We are looking forward to deploying our second fund, given our strong pipeline of attractive opportunities”.

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Elm Capital is acting as the exclusive global placement agent for the Fund.

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