Private Equity
Ethos Private Equity and Old Mutual Private Equity have invested in the African Northern Cape-based lime and calcium processing plant Idwala Industrial, for a reported 44 % stake. The deal represented an exit for the Tisco Group and RMB Ventures.
1 min read · 05 January 2013
The pan-African investor has sold sugar, flour and animal feed producer SOMDIAA to its majority shareholders for $26m as Africa Fund I continues to divest.
1 min read · 05 January 2013
Africa-focused private equity firm Development Partners International has backed South Africa-based telecom company Q-Venture. The firm has raised €272m toward its debut fund, which it aims to close on €400m in 2009.
1 min read · 05 January 2013
WaterHealth International, which provides clean and affordable water to remote and underserved communities, will use the investment to expand operations.
1 min read · 05 January 2013
Lehman Brothers Merchant Banking will partially spin out as an independent firm, while the failed bank will retain ownership of a portion of the funds. Limited partners in Lehman’s most recent buyout fund have been given the option to reduce unfunded commitments by 25%.
2 min read · 05 January 2013
A joint partnership between Venture Partners Botswana and the Botswana Medical Aid Society has purchased a 90% stake in Medical Rescue International Botswana.
1 min read · 05 January 2013
The pan-African specialist will take board seats on Finagestion, a water and power supplier for Côte d’Ivoire and Senegal.
2 min read · 05 January 2013
Asia-focused Olympus has teamed with US venture firm Bessemer on a $55m investment in Orient Green Global.
1 min read · 05 January 2013
The acquisition of waste management group EnviroServ is reportedly the largest public-to-private transaction in South Africa this year.
1 min read · 05 January 2013
The West- and Central African-focused firm has invested an undisclosed amount in Dorman Long Engineering, a Nigerian oil and gas services provider. In May, Travant held a $107m first close on its debut fund, which is targeting $300m in commitments.
1 min read · 05 January 2013
