Technology and media
CVI made several transactions in technology sector, including e-commerce. The companies that we invest in often experience fast top-line growth but have a low profitability which we perfectly understand. Thanks to flexible terms we can provide financing that will maximize growth potential. However, CVI does not invest into start-ups or early stage companies as this is typically done by venture debt investors.
CVI finances mobile / cable operators, 3/4P players, optic fiber owners / operators. CVI provided mid- to long-term senior, junior and mezzanine debt financing to several large and mid-sized telco companies in order to fund capex, M&A, recapitalization, refinancing or working capital needs.
Over the years CVI conducted due diligence of many telco providers in Central Europe emphasizing mainly on revenue predictability, ARPU stability, competitive landscape, growth prospects, future capex requirements and operating efficiencies. Due to embedded stability of the operating cash flows a higher degree of leverage and / or flexibility could be achieved.