Surge in exits for African private equity firms
Surge in exits for African private equity firms
Africa’s muted exit environment has long been a challenge for private equity investors.
Africa’s muted exit environment has long been a challenge for private equity investors.
However, judging by the high number of exits announced recently, PE firms are indeed finding buyers for their investments, even though many of these sales were to other fund managers. Noteworthy exits from the past month include:
South Africa: Pape Fund 3 acquires Nedbank Private Equity’s stake in Entersekt
Development Partners International (DPI) exits International Facilities Services
South Africa: Admaius Capital Partners in mining supplier deal; Ethos spin-off exits
British International Investment exits East African banking group to AfricInvest
Adenia Partners exits Cresta Paints to Uhuru Investment Partners
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This is a really interesting article, thanks. I hope you don't mind, I adapted it for my blog (with attribution and a link back to here) as the strategies and exits shared make useful learning, including for the stock exchanges and stockbrokers. https://africancapitalmarketsnews.com/funds-friday-how-do-african-private-equity-funds-exit/.