UK - MSIF invests £3m into Vitaflo
Merseyside Special Investment Fund's (MSIF) Venture Fund has invested ТЃ3m as part of a funding package to refinance nutritional products company Vitaflo.
The deal, which includes a funding package from Clydesdale Bank and director's own investments, also provides an exit for non-management shareholders, including shares held by MSIF's first Venture and Mezzanine Funds, which invested £500,000 in 1998.
Vitaflow employs 41 staff and has £11m turnover.
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