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MVC Capital in financing deal

Posted By Julie Moran Alterio On April 10, 2007 @ 5:04 pm In Raising cash,Uncategorized | No Comments

MVC Capital Inc., a Purchase-based company that invests in small businesses, said it has made a $14 million investment in Genevac U.S. Holdings Inc. to finance the purchase of Genevac Ltd. by Riverlake Partners LLC of Portland, Ore., a private equity firm. Genevac Ltd. makes high-performance solvent evaporation systems for drug discovery, molecular biology and life science research. Riverlake will merge Genevac into SP Industries Inc., a company it owns. MVC Capital is a lender to SP Industries, a maker of laboratory equipment.

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