North Africa

Actis resolves succession difficulties at mattress maker(2)

The Moukarim family has sold its majority stake in the Nigerian foam mattress company Mouka to emerging markets buyout firm Actis in an effort to resolve succession problems.

Actis and Helios exit Flamingo

Tea company Finlays has bought horticultural business Flamingo, providing an exit for minority shareholders Actis and Helios Investment Partners.

Citadel bolts on C$898 oil and gas company

Egyptian buyout firm Citadel Capital Company has signed a deal to bolt on Canadian-listed oil company Rally Energy to the National Petroleum Corporation.

BC reaps bumper profit on Swiss hospitals

The European buyout firm has sold Swiss private healthcare group Hirslanden after five years, as another South African hospital group looks abroad for expansion.

ECP makes $50m exit on African rubber producer(2)

The Africa-focused firm earned a 3.4x return on its investment in rubber company Societe Internationale de Plantations d’Heveas – the latest in a series of successful exits on the continent.

Travant raising $300m West and Central African fund

Travant Capital Partners, a Nigerian buyout firm targeting indigenous investors, is targeting a $150 million close in October.

Actis resolves succession difficulties at mattress maker

The Moukarim family has sold its majority stake in the Nigerian foam mattress company Mouka to emerging markets buyout firm Actis in an effort to resolve succession problems.

Growth in the Gulf(3)

A detailed report by KPMG and the Gulf Venture Capital Association has revealed the extent of the boom in the MENA region, Toby Lewis examines the figures.

Oak abandons $825m Vertrue deal(3)

Oak Investment has dropped out of a consortium of firms planning to acquire internet direct marketing services firm Vertrue, after the bidding price was raised from $800 million to $825 million.

ECP makes $50m exit on African rubber producer

The Africa-focused firm earned a 3.4x return on its investment in rubber company Societe Internationale de Plantations d’Heveas – the latest in a series of successful exits on the continent.