LeapFrog partially exits Goodlife
LeapFrog Investments has sold nearly 30% of its shareholding in Goodlife Pharmacies, East Africa’s leading healthcare and retail pharmacy chain, to Eurapharma, the healthcare division of the CFAO Group.
LeapFrog Investments has sold nearly 30% of its shareholding in Goodlife Pharmacies, East Africa’s leading healthcare and retail pharmacy chain, to Eurapharma, the healthcare division of the CFAO Group.
Helios Investment Partners and Sojitz Corporation, one of the leading conglomerate investment and trading houses listed on the Tokyo Stock Exchange, have announced the completion of the sale by Helios of a 25% interest in the holding company of Axxela, the largest private sector gas distributor in Nigeria, to Sojitz.
Berkshire Partners, a Boston-based global investment firm, and Permira, a growth-focused global private equity firm, have agreed to exit Teraco Data Environments, Africa’s largest carrier-neutral data center and interconnection services provider.
Zebu Investment Partners (ZIP) has followed on from its 2020 investment in AMC Trade Finance (AMCTF), through its African Food Security (AFS), resulting in an equity buyout of the founders, Africa Merchant Capital (AMC).
Mediterrania Capital Partners (MCP) has partially exited TGCC, a Moroccan construction company, through an IPO.
Kibo Capital Partners has sold its interest in the Kenyan logistics and distribution company, General Cargo Group (GCG), to majority shareholder Velogic, the logistics arm of Rogers Group.
Development Partners International (DPI) has sold its 31% stake in Food Concepts, a Quick Service Restaurant (QSR) operator in West Africa, to African Capital Alliance (ACA).
Helios Investment Partners, acting on behalf of funds it advises, has sold its 49% stake in GBfoods Africa (GBFA) to its partner and co-shareholder, The GBfoods SA (GBfoods).
Revego Africa Energy has acquired stakes in a number of wind assets from Metier and Lereko, who jointly manage the Lereko Metier Sustainable Capital Fund.
CDG Invest PME (CIP), a Morocco-based private equity firm previously known as CDG Capital Private Equity, has agreed to sell a majority stake in Techniques Science-Santé (T2S), IM Alliance, Cyclopharma and Binarios, the largest and most diversified group of MedTech companies in Morocco, to funds managed by Helios Investment Partners.
Injaro Agricultural Capital Holdings (IACH), an impact investment fund managed by Injaro Investments, has sold its 30% stake in seed producer M&B Seeds and Agricultural Services Ghana (M&B) to the founder and other shareholders.
EXEO Capital has announced the exit of its Food and Agribusiness fund, Agri-Vie Fund I, from Cape Olive Holdings, one of the largest table olive suppliers in South Africa.
SPE Capital Partners has exited its investment in H&S Invest Holding, which operates Morocco-based logistics company Dislog Group, via a sale back to the Belkhayat family.
FNZ, a global wealth management platform, has acquired South African third-party administration firm Silica from Ninety One, following receipt of the necessary regulatory approvals.