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Adenia Partners is listing Kenyan retailer Quickmart: We find out more

The IPO values Quickmart at about $230 million.

Kenyan retailer Quickmart, a portfolio company of private equity firm Adenia Partners, has received regulatory approval for its initial public offering and subsequent listing on the Nairobi Securities Exchange.

Africa Private Equity News editor-in-chief Jaco Maritz spoke to Martha Osier, a partner at Adenia and a board member of Quickmart, to find out more.

Topics discussed include:

  • The initial investment case for Quickmart

  • How Adenia helped grow the company

  • The biggest challenges in scaling the business

  • Why Adenia chose to list Quickmart rather than sell to a trade buyer or another fund

  • Growth opportunities for Quickmart

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