Sub-Saharan Africa

Ethos and Goldman place bets on South African gaming company(3)

Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.

Brait picks up South African baker for R1.5bn(2)

South African merchant bank Brait has acquired domestic baker Premier Foods from the Foundation for African Business and Consumer Services for R1.5 bilion.

MidOcean sells water parks to Candover for $330m(2)

Private equity firm MidOcean Partners has sold its Palace Entertainment portfolio to European amusement park operator Parques Reunidos, a Candor portfolio company, for $330 million.

MidOcean sells water parks to Candover for $330m

Private equity firm MidOcean Partners has sold its Palace Entertainment portfolio to European amusement park operator Parques Reunidos, a Candor portfolio company, for $330 million.

Ethos and Goldman place bets on South African gaming company(2)

Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.

Pan-African infrastructure fund receives $250 million investment(3)

The recently unveiled Pan-African Infrastructure Development Fund has received a significant investment from the South African Government Employees’ Pension Fund.

Bain consortium sells sandwich chain

Summit Venture spin-out Mainsail has purchased Togo’s Eateries from Dunkin’ Brands, which is owned by Bain Capital, The Carlyle Group and Thomas H. Lee Partners.

Moore opens London office

Moore, a back office services provider, has hired Simon Chadwick from Bear Stearns to spearhead its drive in London and Japan.

VenCom makes 9x return on LED company

Chicago-based investment firm VenCom has sold lighting company IO to Cooper Industries, a US manufacturer, for $16.5 million, netting the firm a nine times on its original investment.

Venture Partners Botswana to raise €150m fund

African buyout firm Venture Partners Botswana has fully invested its first fund and it is looking to raise €150m for its second. The fund recently bought a stake in US insurer AON’s Botswana arm.