Profile

MVI, established in 1991 developed ‘out of the box’ real time shop floor data capture and performance management solutions, based on 15 years working with customers including Coca Cola, Pfizer, Gillette and Toyota on their continuous improvement efforts. The software provided a unique competitive edge resulting in rapid increases in productivity and quality compliance for its users. With investment from the Advantage Growth Fund the company’s growth spread to the USA and Canada where the product was identified by analysts as ‘best of breed’, resulting in a rapidly growing customer base of top transatlantic brand corporations and an ultimate exit by way of trade sale to US based CDC Corporation with 12 months of Midven’s initial investment.

The Exit generated and IRR in excess of 90% for the Advantage Growth Fund.