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MVC Capital invests in Ohio Medical

December
4

MVC Capital, a Purchase company that makes private debt and equity investments, said it has invested another $30 million in Ohio Medical Corp., in order to sponsor that company’s purchase of medical device company Amvex Corp.

Amvex, which is located outside Toronto, provides medical suction and oxygen therapy products.

Once the deal closes, MVC will remain the majority shareholder of Ohio Medical, which will leverage both its own and the Amvex brands.

This entry was posted on Tuesday, December 4th, 2007 at 10:33 am by Allan Drury.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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