Metavesco Inc. (MVCO)

Overview

Founded in 1993 and based in Virginia Beach, Virginia, Metavesco, Inc. positioned itself as a firm dedicated to investing in small private and public companies, although it has currently ceased its investing activities. Metavesco, Inc. initially set out to offer financial support but excluded investments in start-ups, turnaround situations, oil or gas exploration projects, real estate development, and direct lending businesses from its portfolio. The company aimed to play a pivotal role in the growth and development of its investees by offering substantial financial support while steering clear of certain high-risk sectors.

Products and Services

• Senior Debt Financing

Metavesco, Inc. had a preference for providing senior debt financing to its investees, particularly targeting engagements that offered a term of more than five years with flexible amortization schedules. The typical financing range was between $1 million and $3 million, aimed at companies in need of substantial financial assistance but not necessarily at their inception stages. This financial product was designed to provide a solid foundation for growth without encumbering the beneficiary companies with immediate repayment pressure.

• Co-Investments

In the case of requiring larger investment amounts, Metavesco, Inc. was open to co-investing strategies. This approach allowed the firm to participate in potentially larger, more significant investment opportunities while sharing the associated risks and benefits with other investment entities. Co-investing offered Metavesco, Inc. the flexibility to engage in substantial financial endeavors without bearing the entirety of the financial commitment and risk.

• Debt with Attached Warrants on Common Stock

Metavesco, Inc. also preferred to structure some of its investments as debt with attached warrants on common stock. This method gave the firm an edge by combining the security of a debt instrument with the potential upside of equity participation through warrants. This type of investment allowed Metavesco, Inc. to potentially benefit from the success of the invested companies significantly, providing a dual advantage of fixed income from the debt and growth potential from the warrants.

• Senior Debts with Equity Participation

When providing subordinate loans, Metavesco, Inc. sought equity participation, illustrating a strategic approach to investing wherein the firm not only lent support in the form of senior debt financing but also acquired a stake in the company. This method allowed Metavesco, Inc. to actively participate in the upside potential of the companies it supported, aligning the firm’s interests with those of the company's growth and success.