11 Mar
News > Private Equity > Exits
Helios Investment Partners, Pembani Group, First City Monument Bank and other minority shareholders have agreed the sale of Helios Towers Nigeria (HTN), a tower company in Nigeria, to IHS Towers (IHS), the largest telecommunications infrastructure provider in Africa, Europe and the Middle East.
2 Mar
News > Private Equity > Exits
Actis, a growth markets investor, has confirmed an agreement to sell Emerging Markets Payments (EMP), Africa and the Middle East payments business, to Network International, a provider of payment solutions in the Middle East.
26 Feb
News > Private Equity > Exits
Qalaa Holdings’ Finance Unlimited subsidiary has announced plans to divest its 70% ownership stake in Tanmeyah Microenterprise Services, a private-sector provider of microfinance solutions in the Egyptian market, to EFG Hermes.
8 Feb
News > Private Equity > Exits
Helios Investment Partners has partially exited its stake in Equity Group Holdings, Kenya’s banking group, to the Norwegian Investment Fund for Developing Countries (Norfund) and NorFinance, a joint venture investment company between Norfund and Norwegian private investors.
27 Jan
News > Private Equity > Exits
Ethos, a South African private equity investor, has sold its entire stake in a niche technology company, CQS Investment Holdings (CQS) to JSE-listed Adapt IT, an information technology services and specialised solutions provider, for R216.81m.
14 Jan
News > Private Equity > Exits
Mediterrania Capital Partners, a private equity firm focusing in growth investments for SMEs in North Africa and Sub-Saharan countries, has fully exited its investment in CEPRO (Cellulose Processing), a manufacturer and distributor of baby diapers and feminine sanitary pads in Algeria.
12 Jan
News > Private Equity > Exits
Vantage Capital, Africa’s predominant mezzanine fund manager with approximately R8bn ($478m) of assets under management, has fully exited its investment in TrenStar, one of Southern Africa’s leading returnable packaging companies.
4 Jan
News > Private Equity > Exits
Abraaj and Proparco have exited 83% of their combined stake in Tunisian pharmaceutical company Unité de fabrication de medicaments to a consortium of investors including Washington-based SQM, Blakeney Asset Management, the Tunisian-Kuwaiti Consortium of Development (CTKD), and two local investors.
26 Nov
News > Private Equity > Exits
Warburg Pincus and General Atlantic have agreed to acquire a 49% stake in Network International, a payment solutions provider in the Middle East and Africa, from The Abraaj Group.
25 Nov
News > Private Equity > Exits
The Abraaj Group has fully exited its shareholding in African insurer, Saham Finances, to Sanlam Group and the Saham Group, a diversified Moroccan-based conglomerate operating in the insurance, offshoring and real estate sectors in the Middle East and Africa, and the parent company of Saham Finances.
17 Nov
News > Private Equity > Exits
Actis, RMB Westport and Paragon Holdings, have sold their stakes in Ikeja City Mall to South African real estate investment trust, Hyprop Investments, and Attacq, a JSE-listed real estate capital growth fund.
6 Nov
News > Private Equity > Exits
Qalaa Holdings has sold its stakes in cement subsidiaries ASEC Minya Cement and ASEC Ready Mix, representing 46.5% and 55%, respectively, to Misr Cement Qena for approximately EGP1bn ($124.6m).
2 Nov
News > Private Equity > Exits
Adenia Partners has exited its investment in Hôtel du Louvre, a flagship business hotel located in Antananarivo, Madagascar, to a group of local investors.
24 Sep
News > Private Equity > Exits
Ethos Private Equity has confirmed the intention to partially exit its stake in Waco, a South African industrial services company, through a listing on the Johannesburg Stock Exchange (JSE) later this year.
