FlyCap Private Debt Fund III AIF provides financing to AS BRIVAIS VILNIS
- 4 hours ago
- 1 min read
In June, a transaction was completed whereby AS BRIVAIS VILNIS, strengthening its competitiveness in the Baltic and European markets, acquired a subsidiary in Estonia, AS "Saare Kala Tootmine".
As part of the transaction, the Private debt fund managed by FlyCap provided financing for development and additional working capital.
FlyCap Partner Ģirts Milgrāvis comments:
“BRIVAIS VILNIS is a company with a strong brand, long-standing experience, and significant export potential. We see ample opportunities for future growth, building upon the company's traditions of quality, its professional team, and its market position. FlyCap aims to be a long-term partner, providing both capital and strategic support for the company's next stage of development.
FlyCap manages a €50 million private debt fund aimed at financing business growth and consolidation in the Baltics, and we invite other companies seeking financing for development or transaction execution to reach out to FlyCap.”
FlyCap Private Debt Fund III AIF is supported by ALTUM and co-financed by the European Union through the European Regional Development Fund (ERDF) under Latvia’s National Development Plan. The fund has also attracted investments from several Baltic pension funds.
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