4 May
News > Private Equity > Exits
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs in North Africa and Sub-Saharan countries, has sold a significant stake in Cash Plus, the largest independent money transfer company in Morocco, to Groupe Richbond, a Moroccan industrial and property conglomerate.
28 Apr
News > Private Equity > Exits
Adenia Partners, a private equity fund manager focused on control investments in Sub-Saharan Africa, has exited its investment in Socolait, a dairy producer and distributor in Madagascar.
23 Apr
News > Private Equity > Exits
Phatisa, an African development and private equity fund manager, has reached an agreement with Ma’aden on the sale of its controlling shareholding in Meridian Group (Meridian).
17 Apr
News > Private Equity > Exits
Vantage Capital, Africa’s largest mezzanine debt fund manager, has fully exited its investment in Thebe Timrite, a black-controlled supplier of mining support products and services in South Africa.
21 Mar
News > Private Equity > Exits
Cauris Croissance, the second fund managed by Cauris Management, the West African private equity fund management company, has sold its stake in BPEC to the new reference shareholder, the SUNU group.
6 Mar
News > Private Equity > Exits
Wendel has agreed to sell its 40% holding in PlaYce (formerly SGI Africa) to CFAO for net proceeds of €32.2m, following an initial investment of €25.3m at the end of July 2016.
28 Jan
News > Private Equity > Exits
The Fund I&P Afrique Entrepreneurs 1 (IPAE 1), managed by Investisseurs & Partenaires has exited from two portfolio companies: the group CONERGIES, based in Côte d’Ivoire and Mali, and the Senegalese company Delta Irrigation.
9 Jan
News > Private Equity > Exits
PCM Capital Partners, managers of the West Africa Emerging Growth Fund (WAEMGF) have announced the Fund’s exit from its investment in Petro Ivoire, a leading player in the downstream oil and gas sector in Cote d’Ivoire.
19 Dec
News > Private Equity > Exits
Actis, a growth markets investor, has announced their agreement to the sale of Compuscan, a provider of credit information and ScoreSharp, a decision analytics company, to Experian for ZAR3.72bn.
4 Dec
News > Private Equity > Exits
Vantage Capital, Africa’s largest mezzanine fund manager, has provided €19m of mezzanine funding to Pétro Ivoire, a leading distributor of oil & gas products in Côte d’Ivoire.
20 Sep
News > Private Equity > Exits
AfricInvest Fund II (AF II) has exited from its investment in Kiboko Holdings (KH), a Mauritius-based company with diverse interests across the East African region in a variety of sectors including FMCG, pharmaceutical manufacturing and distribution, and insurance brokerage.
15 Sep
News > Private Equity > Exits
The Blackstone Group has exited its stake in Bujagali Energy (BEL), the developer of the 250-megawatt Bujagali hydropower project in Uganda, to a Norwegian hydropower developer SN Power.
6 Sep
News > Private Equity > Exits
Vantage Capital, Africa’s largest mezzanine debt fund manager, has fully exited its investment in New GX Capital, generating returns for Vantage’s Fund III investors of more than 35%.
23 May
News > Private Equity > Exits
The Abraaj Group and The Public Investment Corporation have exited Libstar, a supplier of high-quality products in the consumer packaged goods industry, in $237m IPO on the Johannesburg Stock Exchange.
