Lazard Middle Market served as financial advisor to Summit on its sale to an affiliate of One Rock.
About MVC Capital, Inc.
MVC is a business development company traded on the New York Stock Exchange that provides long-term debt and equity investment capital to fund growth, acquisitions and recapitalizations of companies in a variety of industries. For additional information about MVC, please visit the MVC's website at
The information contained in this press release contains forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements, and these factors are enumerated in the company's periodic filings with the Securities and Exchange Commission.
The anticipated $47 million gain assumes the full receipt of all escrow proceeds.
CONTACT: Investor Relations
Jeffrey Goldberger / Garth Russell
KCSA Strategic Communications
212-896-1249 / 212-896-1250
Nathaniel Garnick, Sard Verbinnen & Co.