2021 EAST AFRICA PE DEAL OF THE YEAR
Acquisition by a major African private markets investment firm of a majority stake in the premier exporter of high quality roses in Kenya. This deal won the 2021
DealMakers East Africa Private Equity Deal of the Year Award.
2021 SOUTH AFRICA PE DEAL OF THE YEAR
ZAR770-million disposal of Ascendis Animal Health by Ascendis Health to Acorn Agri & Food. This deal won the 2021
DealMakers Private Equity Deal of the Year Award.
The disposal of DPO Holdings to Network International Holdings, accompanied by the exit of various minority shareholders at different levels within the DPO Group. DPO Group is the largest pan African payment service provider and Network International Group is the leading enabler of e-commerce in Africa and the Middle East.
The acquisition by Vuna Partners Fund of a controlling interest in 4PL Group, an integrated supply chain company with operations across Southern Africa.
Sanlam Private Equity’s acquisition of a majority stake in the Cavalier Group, specialising in procuring, feed-lotting, slaughtering, packing, processing and distributing quality beef and lamb products. The transaction won the Private Equity Deal of the Year Award in the large portfolio company category at the
SAVCA Awards.
FAST MOVING CONSUMER GOODS
An equity investment by Ethos Mezzanine Partners and Proparco (a French development finance institution) in Turaco, which holds a portfolio of FMCG assets in Ethiopia.
The acquisition by Kleoss Capital of an equity interest in Bandag South Africa, a re-tread tyre manufacturing business.
The disposal by Amethis Africa of its interest in Fidelity Bank in Ghana to another private equity fund.
An investment by a large pension fund investor in the 27four Black Business Growth Fund, aimed at catalysing job creation, transformation and economic growth in the sector of the South African economy that is not well-represented on the JSE.
The disposal by Capitalworks of the Much Asphalt business in South Africa to AECI. This transaction won the
DealMakers Private Equity Deal of the Year Award.
Establishment of the Sanlam SME Debt Fund by Sanlam Investment Management.
The acquisition by RMB Ventures and Investec Asset Managers of an equity interest in Kamoso Africa, the owner of a number of Botswana’s most iconic retailers, with a product range consisting of fast-moving consumer goods, pharmaceuticals, liquor, building materials and equipment, followed by an investment by the Botswana Development Corporation in Kamoso Africa.
Advice for a consortium of investors in relation to the establishment of the Stanlib Infrastructure Fund.
Acquisition by RMB Ventures Seven and Business Venture Investments of all of the shares in Cargo Compass (South Africa), a provider of air freight, sea freight and import/export services.
Investment by Apis Partners in Greenlight Planet, a social business that designs, distributes and finances solar home energy in Kenya, Nigeria, Tanzania and Uganda under the Sun King brand.
Equity investment by Verod Capital Management in Nigeria and Red Bull GmBH in DTRT Apparel, a registered free zones enterprise in Ghana.
Establishment by Global Capital of the Global Capital Fund 5 and related fund formation steps.
Athena Capital’s acquisition of Kwikspace, a developer of pre-fabricated modular buildings used to construct government schools and similar facilities.