31 Oct
News > Private Equity > Exits
Phatisa, through Phatisa Food Fund 2, Masimong through Masimong Chemicals and Sabvest through Sabvest Finance and Guarantee Corporation have agreed to sell their collective 100% interest in Rolfes Holdings, a South African based food ingredients and diversified chemicals provider to Solevo. a pan-African speciality chemicals distributor.
16 Oct
News > Private Equity > Exits
The EuroMena Funds has exited two portfolio companies: a pharmaceutical firm in North Africa and a retail holding in Morocco.
7 Aug
News > Private Equity > Exits
Adenia, a private equity firm focused on growth opportunities in Africa, has finalized the sale of its 100% equity stake in OMOA Group (OMOA) to SPE Capital, a private equity firm focused on the Middle East and Africa.
19 Jul
News > Private Equity > Exits
Kasada, an independent real estate private equity platform dedicated to delivering attractive sustainable value across the hospitality sector in Africa, has sold the Ibis Douala located in Bonanjo, a key business district of the city of Douala, in Cameroon to Christina Hotel, part of the Bocom Group.
12 Jun
News > Private Equity > Exits
Development Partners International (DPI) has sold 100% of International Facilities Services (IFS) to a consortium comprising of ES-KO, a global provider of integrated facility support services, Phatisa, a Mauritius-based private equity firm, and IFS’s management.
11 Jun
News > Private Equity > Exits
British International Investment (BII), the UK’s development finance institution and impact investor, has sold its 10.1% stake in I&M Group, the Eastern African banking group, to AfricInvest, a Pan-African Asset Management platform.
30 May
News > Private Equity > Exits
Adenia Partners, a private equity firm focused on growth opportunities in Africa has successfully exited its entire stake in Cresta Paints to Uhuru Investment Partners, a middle-market private equity firm focused on investing in West Africa.
8 May
News > Private Equity > Exits
Apis Growth Fund I, a private equity fund managed by Apis Partners, has fully exited its position in South African merchant acquirer Adumo to Lesaka Technologies.
25 Apr
News > Private Equity > Exits
Mediterrania Capital Partners (MCP), a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, has completed its exit from TGCC, a leading construction and civil engineering company based in Morocco.
25 Mar
News > Private Equity > Exits
Development Partners International (DPI), British International Investment (BII), the UK government’s Development Finance Institution, and the European Bank for Reconstruction and Development (EBRD), have sold 100% of the shares in KELIX bio, an emerging markets biopharmaceuticals platform, to Mubadala Investment Company (Mubadala), the Abu Dhabi investor with over $276bn in assets under management.
14 Mar
News > Private Equity > Exits
TPG has fully exited its stake in Mavin Global to Universal Music Group (UMG), the world leader in music-based entertainment, while Kupanda Capital will a remain minority investor and strategic adviser.
23 Feb
News > Private Equity > Exits
CardinalStone Capital Advisers Growth Fund (CCAGF), managed by a a West Africa focused private equity firm CardinalStone Capital Advisers (CCA), has successfully sold its stake in i-Fitness Nigeria to Verod Capital Management.
29 Jan
News > Private Equity > Exits
Carlyle has agreed to sell Amecor, a South African designer, manufacturer and distributor of security communication equipment, to ASSA ABLOY Group.
16 Jan
News > Private Equity > Exits
Gulf Capital has successfully completed the sale of 100% of AmCan, an exclusive distributor of many of the top global sports nutrition brands across the MENA region, to a leading regional FMCG distributor operating across the Middle East and Africa.
