Swicorp and Wamda Lead Round for Mumzworld (MENA)

MENA-focused investment firms Swicorp and Wamda Capital have led an investment round for Mumzworld, an e-commerce company catering to mothers, babies and children in the Middle East and North Africa. Other investors in the round include health care and personal products company Tamer Group, as well as existing regional investors… Read More

Turkven Exits MLP in US$366 Million IPO (CEE and CIS)

Turkey-based MLP Care Services, the operator of the Medical Park and Liv Hospital networks, has raised TRY1.4 billion (approximately US$366 million) in an IPO on Borsa Istanbul valuing the company at TRY4 billion (approximately US$1 billion). MLP sold 73 million shares at TRY19 (approximately US$5) per share, reportedly facilitating an… Read More

Advent Exits Faculdade da Serra Gaúcha (Latin America)

Global private equity fund manager Advent International has reportedly sold its stake in Brazil-based education company Faculdade da Serra Gaúcha to Brazil-based Cruzeiro do Sul Educacional in a transaction valuing the company at BRL340 million (approximately US$104 million). Advent originally invested in the company in March 2015. Read More

EXEO Capital Invests in TerraSan (Sub-Saharan Africa)

Pan-African private equity fund manager EXEO Capital has invested in South Africa-based aquaculture company TerraSan through Agri-Vie Fund II. With EXEO’s support, TerraSan plans to expand its abalone and mussel production facilities, improve the quality of bulk fishmeal it produces and expand its fish processing business. Financial details of the… Read More

AIIM and Helios Invest US$30 Million in Starsight Power Utility (Sub-Saharan Africa)

Africa-focused alternative investment firms African Infrastructure Investment Managers (AIIM) and Helios Investment Partners have invested US$30 million in Nigeria-based energy services company Starsight Power Utility. Starsight offers solar-diesel-battery hybrid and cooling and lighting solutions to commercial and industrial clients. AIIM invested through African Infrastructure Investment Fund 3 (AIIF3). Read More



(default archive template)