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ADP II takes minority stake in HomeChoice
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ADP II, a pan-African private equity fund advised by DPI, has acquired a strategic minority stake in HomeChoice International, an omni-channel home shopping retailer in southern Africa, from the majority shareholder in HomeChoice. Eduardo Gutierrez Garcia, Partner at DPI, said: “HomeChoice is a top quality business with a unique and flexible operating model coupled with an experienced and impressive management team.”