Private Equity

North Africa

Atalaya acquires Bennigan’s brand as parent folds

The middle market private equity investor had previously purchased securities in Bennigan’s Franchising subsidiary, which enabled it to prevent the unit from filing for Chapter 7 bankruptcy alongside parent company S&A in July.

2 min read · 05 January 2013

Actis invests $65m in Chinese budget hotel chain

Warburg Pincus is co-investing with the emerging markets specialist in China's 7 Days Inn Group.

1 min read · 05 January 2013

Aureos invests in Papua New Guinea chemicals company

The London-based private equity firm has bought a 15.3 percent stake in Chemica, the fifth investment from its Pacific Island-focused fund.

1 min read · 05 January 2013

Swicorp backs Algerian fuel distributor

The MENA-focused investment firm has taken a 'strategic stake' in Petroser, which enjoys exclusive rights to distribute BP products in Algeria.

1 min read · 05 January 2013

iEurope earns 13.5x return from auction site exit

The Central and Eastern Europe-focused private equity fund has sold Hungarian e-marketplace and auction site Vatera.hu, generating a 59 percent gross IRR.

1 min read · 05 January 2013

ECP buys stake in Togo commercial bank

The Africa-focused firm has purchased $28m in common shares and convertible notes of West African lender Financial BC.

1 min read · 05 January 2013

Connectiva Systems secures $17m

An NEA-IndoUS-led syndicate is backing Connectiva, a US-based company that 'leverages the strengths of India' to provide solutions to the telecom industry.

2 min read · 05 January 2013

AIG invests in Nigerian microfinance platform

Amid uncertainty over how the government bailout of its parent company will affect its future, AIG Investments closed a deal yesterday with an undisclosed investment in Blue Intercontinental Micro Finance Bank.

1 min read · 05 January 2013

EFG-Hermes invests $65m in hospitality company

The investment is part of the Egypt-based firm’s expansion across the Middle East and North Africa, following the hiring of three former Goldman execs in July.

1 min read · 05 January 2013

First Reserve seeds nuclear venture

In a bid to consolidate the industry at the start of a ‘nuclear fuel cycle’, the US energy industry specialist has recruited two veterans of nuclear power to form Accord Nuclear Resources, a platform from which to build an integrated nuclear fuel supplier.

2 min read · 05 January 2013

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