Private Equity Africa names Verdant Capital its best Local Financial Adviser in 2021

Private Equity Africa named Verdant Kapital as the best Local Financial Advisor for 2021. Private Equity Africa, also known as PEA, is a leading journal for private equity investors across Africa.

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The PEA awards, now in their 10th year of existence, is the ultimate honor for African Private Equity.

An independent panel of 20 judges chose the final winners. This panel included representatives from CDC and DEG as well as Mbuyu Capital Partners.

The Verdant Capital private equity, credit and fintech franchises are all strong and this award is a reflection of the number of transactions that Verdant Capital has completed during the period.

Verdant Capital completed landmark private equity transactions in 2021

  • Pan-African telecoms company receives USD 80 million equity capital
  • WIOCC is funded by African Capital Alliance
  • Baxi to MFS Africa, a portfolio firm of AfricInvest & Lun Partners, has been sold.
  • General Cargo is being sold to Kibo Partners
  • Retail Capital, portfolio firm of APIS, Crossfin, and FutureGrowth, raises USD 10 Million capital
  • The USD 8 Million capital raise for Ghanaian fintech Zeepay, which was invested by I&P. Verdant Capital’s private equity franchise has been a success story in East, West, South Africa.

Following a similar award from Africa Global Funds, Verdant Capital was awarded the Best Independent Investment Bank – Pan-Africa – 2121 for the second year in a row.

Verdant Capital currently sees strong growth in private capital mergers & acquisitions (M&A) activity both within its pipeline and in the overall market.

This is due in part to exits from fund batches from the earlier part the last decade, as well consolidation by and between private-equity-backed companies.

Verdant Capital believes 2022 will be a stronger year for its private capital M&A business.

Verdant Capital’s final weeks in 2021 have been a successful period. The firm announced three additional fintech transactions.

In the insurtech sector Verdant Capital advised each of, South African-headquartered emerging markets insurtech Briisk, and Botswanan-headquartered pan-African risk-carrying insurtech, on their respective capital raises.

Verdant Capital advised Tugende, an East Africa-based technology-enabled MSME finance business, on a USD 16 Million capital raise.

Tugende a portfolio business of Partech, M54. Verdant Capital has now completed eight successful transactions in Africa’s fintech industry in 2021.

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