Business
M Power Capital marks 7th Anniversary
Supporting clients to navigate their businesses through challenges
Established in February 2014 with a vision to provide clients with innovative and customised solutions in corporate finance, M Power Capital (MPC) celebrates seven years of success and growth. Founded by a group of experienced executives with operational expertise and a unique blend of skills in various fields, their multi-disciplinary team is equipped with tools and analytics to best serve their clients’ financial goals. One of the company’s early successes was acting as the financial advisor to a mid-market apparel manufacturer in Sri Lanka, helping it to acquire the Sri Lankan operation valued at LKR 650 million.
“As we celebrate our successes over the past 7 years, we look forward to continuously providing our clients with innovative and practical financial support, helping them navigate through business challenges and minimise risks,” says Naveen Samarasekera, CEO of M Power Capital Securities.
MPC introduced corporate debt structuring to its portfolio of services, in May 2018 and has successfully mobilised LKR 30 billion through asset backed securitisations and other corporate debt instruments, over a period of just 30 months. Recently, MPC formulated a three-year strategic plan for the merger between two large finance companies in Sri Lanka in 2020. Last year, in response to the market demands, MPC established Minato M Power Capital Ltd, a Tokyo based operation which will, among other things, bring in much needed FDI to Sri Lanka. M Power Capital Securities Limited, the debt finance and investment advisory arm of MPC, recently completed its first-ever rated asset backed securitisation, raising LKR 3 billion for Commercial Leasing and Finance Company PLC.