Apis Partners’ portfolio realisations pass $1bn
The firm says it has fully or partially realised 14 of 21 investments across Fund I and Fund II.
** For the best experience, download the free Africa Private Equity News app Android | iOS **
Apis Partners, a private equity firm specialising in financial infrastructure and technology, today announced that cumulative portfolio realisations across funds managed by the firm surpassed $1 billion during Q1 of this year.
Across Fund I and Fund II, Apis has fully or partially realised 14 out of 21 investments, predominantly through sales to strategic buyers. The firm said it distributed Fund I proceeds within 10 years. It has also returned more than $400 million to Fund II investors.
The recent exits of Baobab and iKhokha, acquired by Beltone Capital and NedBank respectively, saw cumulative realisations surpass $1 billion.
Matteo Stefanel, co-founder and managing partner at Apis, commented: “We are proud to have surpassed $1 billion in realisations, especially in today’s market. This validates our disciplined investment approach and sector expertise. Our team’s ability to identify, support, and successfully exit transformative businesses, often by engaging with buyers before we invest, continues to be key to Apis’ approach to investing.”
Udayan Goyal, co-founder and managing partner at Apis, added: “Our success is built on deep sector knowledge, a partnership-driven model, and a relentless focus on value creation and exit execution. Apis’ network and sector specialism enables us to support firms’ value creation from day one. We remain committed to delivering superior outcomes for our LPs, while ensuring our investments drive meaningful, sustainable impact.”
Want to know who is raising, investing, and exiting in Africa? Get Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe now