Posts by savca

Vantage invests $12.5m in Maryland Mall | VANTAGE CAPITAL

Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it has provided $12.5 million of funding to Purple Capital, a prominent Nigerian real estate company and financial service provider. Purple Capital is the developer of the iconic 6,000m² Maryland Mall, a neighbourhood shopping centre in the Ikeja district of Lagos.PURPLE_VANTAGE PRESS RELEASE (final)

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Carlyle buys NOSA Group in $56.5mln deal | Africa Capital Digest

The Carlyle Group is acquiring NOSA Group from MICROmega Holdings, a JSE-listed investment holding company, on behalf of its $698 million sub-Saharan Africa private equity fund. The deal, which will be the ninth for the fund, is expected to close early next year, once it has received regulatory approvals and satisfied other conditions. MICROmega Holdings first acquired…

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Private equity consortium invests in Kevro, Africa’s largest supplier of corporate and promotional apparel | Ethos, RMB Corvest, RMB Ventures

A private equity consortium comprising RMB Corvest, RMB Ventures and Ethos Mid Market Fund have, alongside management, acquired 100% of Kevro, Africa’s largest value-add supplier of corporate and promotional apparel, and other brandable products. Kevro was acquired from Ethos Fund VI, which had owned a 72% stake in the group since 2011 and was looking…

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SAVCA NEWSLETTER FEATURE: Q&A with the SA SME Fund

SAVCA speaks to the SA SME Fund’s (SA SMEF) CEO Quinton Dicks and Principal Thiru Pather on their mandate and role in private equity, including their plans for the next year or two.   Tell us a bit about the SA SME Fund? SA SMEF: The SA SME Fund was launched by the CEO Initiative…

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SAVCA NEWSLETTER FEATURE: Q&A with Kalon Venture Partners

SAVCA speaks to Kalon Venture Partners CEO Clive Butkow to tell us more about the name change, deal activity highlights and their outlook for the next year and beyond. Tell us a bit about Kalon Venture Partners. CB: Kalon Venture Partners (formerly GroTech Limited) is a Section 12J Venture Capital Company which invests in and builds…

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