6 Mar
News > Private Equity > Exits
Inspired Evolution has announced the successful exit of its Evolution II Fund’s controlling stake in Commercial Energy SA (CESA), a South African clean energy platform specialising in the ownership and operation of commercial and industrial (C&I) solar photovoltaic (PV) and battery energy storage systems (BESS) assets.
4 Mar
News > Private Equity > Exits
Phatisa has sold its majority stake in Copperbelt Agri Holdings the holding company of Goldenlay, Zambia’s largest table‑egg producer, to Vanden Avenne Group, a Belgian integrated feed and protein manufacturer.
11 Feb
News > Private Equity > Exits
Vantage Capital, Africa’s largest mezzanine debt fund manager, has fully exited its investment in Seaton Estates, a residential coastal development located on the North Coast of Kwa-Zulu Natal, South Africa.
2 Feb
News > Private Equity > Exits
The Private Infrastructure Development Group (PIDG), through its project development solution, InfraCo has exited its preference share investment in InfraCredit Nigeria for $26m, achieving a strong return despite challenging macroeconomic conditions.
27 Jan
News > Private Equity > Exits
Development Partners International, an investment firm focused on Africa, has announced that ADP II Holding 7 L.P (ADP II), one of the investment vehicles of African Development Partners II, DPI’s second flagship fund, sold its 20.17% stake in Atlantic Business International (ABI) to Banque Centrale Populaire Group (BCP).
11 Dec
News > Private Equity > Exits
Mediterrania Capital Partners, a private equity firm focused on growth investments in SMEs across North Africa and Sub-Saharan Africa, has partially sold its stake in Cash Plus, Morocco’s largest independent money transfer and low-income financial services provider, through an IPO on the Casablanca Stock Exchange.
24 Oct
News > Private Equity > Exits
Sanari Capital has exited its investment in Fernridge Solutions, with Broll Property Group acquiring the Johannesburg-based market intelligence and geospatial analytics firm.
8 Oct
News > Private Equity > Exits
Verod, a West African private equity firm, has announced its successful exit from pensions fund administrator, Tangerine APT Pensions, to Verod’s minority partner, APT Securities and Funds.
29 Jul
News > Private Equity > Exits
LeapFrog Investments has exited its stake from Goodlife Pharmacy, East Africa’s largest retail pharmacy platform, to CFAO Healthcare, a leading distributor of pharmaceutical and medical products in Africa.
17 Jul
News > Private Equity > Exits
African Infrastructure Investment Managers (AIIM), a subsidiary of Old Mutual Alternative Investments, through its IDEAS Fund, has successfully exited stakes in three prominent renewable energy assets, in a transaction valued at over R750m..
10 Jul
News > Private Equity > Exits
Phatisa, through Phatisa Food Fund 2, has agreed to sell its interest in Deltamune, a South Africa-based vaccine manufacturer, to Vaxxinova International B.V., a global animal health company and part of the EW Group.
4 Jul
News > Private Equity > Exits
Carlyle has agreed to sell Safety SA, a South African testing, inspection, certification and training (TICT) business, to Centre Testing International Group Co. (CTI).
26 Jun
News > Private Equity > Exits
Oasis Capital, an SME growth investor in West Africa, has exited its investment in Mansa Bank Côte d’Ivoire, a fast-growing bank in Côte d’Ivoire.
28 Apr
News > Private Equity > Exits
Mediterrania Capital Partners, a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan Africa, is pleased to announce the successful full exit of its investment in Akdital through the MC III fund.