R. Morgan

The Smithfield Cos., Inc. was founded in 1917 and produces and markets a variety of branded food products to retail grocery and food service industries on a wholesale basis. The company is based in Portsmouth, VA. The Smithfield Cos. was acquired by Smithfield Foods, Inc., part of WH Group Ltd. (HK) from September 27, 2013 on July 31, 2001 for $14.38 million.

Metavesco, Inc. a Small Business Investment Company and traded fund, invests in small & middle market companies located in the Mid-Atlantic region of the United States. The fund focuses on both private and public companies with revenues greater than $5 million, sustainable cash flow and experienced management teams with ownership interests. It targets companies operating in the fields of service, manufacturing, telecommunications, healthcare, information technology and media. It provides mezzanine financing (subordinated debt with warrants) and also senior debt financing. Types of transactions include: MBOs, LBOs, acquisitions, recapitalizations and expansion/growth financing with investments range from $0.5 to $3 million and the fund also participates in larger transactions.

The Bank of Currituck provides banking services. The company is based in Moyock, NC. The Bank of Currituck was acquired by TowneBank on December 06, 2010 for $8 million.