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Ain Borja Clinic belonging to Mediterrania Capital Partners’ partner company Akdital H. assisted the birth of 9 babies by a Malian woman

07-05-2021. Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, is proud to announce that Akdital Holding, one of its partner companies, owns Ain Borja, the Casablanca...

Ain Borja Clinic belonging to Mediterrania Capital Partners’ partner company Akdital H. assisted the birth of 9 babies by a Malian woman

07-05-2021. Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, is proud to announce that Akdital Holding, one of its partner companies, owns Ain Borja, the Casablanca clinic that assisted the birth of nine babies by a Malian woman.

In 2019, Mediterrania Capital III invested in Akdital Holding to help strengthen the group’s foundations and consolidate its leadership while making top-quality healthcare services more accessible to larger portions of the population.

Founded in 2011, Akdital began operations with the Jerrada Clinic in Casablanca and since 2018 it has been carrying out a major investment plan with the construction of four new multidisciplinary and specialist health establishments: the Ain Borja clinic (2018), the Casablanca International Oncology Centre (2019), the Longchamps clinic (2019) and the Casablanca Ain Sbaâ private hospital (2019). With a total capacity of 550 beds, Akdital uses advanced techniques and best-in-class equipment to provide a variety of healthcare services such as cardiology, cardiac surgery, neurosurgery, oncology, radiotherapy, intensive care, neonatal care, etc.

On 4th May 2021, Halime Cisse from Mali gave birth to nine babies, five girls and four boys, at the Ain Borja clinic. The renowned clinic offers an advanced technical platform including neonatal surgery and resuscitation units at the cutting edge of technology. Thanks to the efforts of the entire medical team, the mother and the babies are in good health and will be taken care of with the best treatments in the region.

Albert Alsina, Mediterrania Capital Partners’ Founder and CEO, said: “Our job as private equity investors can’t receive a higher reward than seeing how the medical staff at Akdital’s clinics, assisted by the most advanced technologies, are saving lives every day. Through Mediterrania’s investments we help companies move to their next stage of development, and we do so following the highest ethical standards ensuring the well-being and prosperity of the African communities.”

About Mediterrania Capital Partners
Mediterrania Capital Partners is a dedicated Private Equity firm investing in consolidated SMEs and mid-cap companies in Africa. With offices in Abidjan, Algiers, Barcelona, Cairo, Casablanca and Valletta, Mediterrania Capital Partners takes a proactive, hands-on approach to implementing the growth strategy of its portfolio companies by driving the Value Creation and ESG processes. Today, the group companies and portfolio companies of Mediterrania Capital Partners deliver over €1.5 billion in annual revenues and employ more than 20,000 people in Africa.

In 2019 Mediterrania Capital Partners was granted an Alternative Investment Fund Manager (AIFM) Licence under the Directive 2011/61/EU by the Malta Financial Services Authority (MFSA). This licence requires fund managers to comply with a stringent regulatory and supervisory framework that includes strong governance processes.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the MFSA, the Financial Services Commission (FSC) in Mauritius and the Comisión Nacional del Mercado de Valores (CNMV) in Spain.

www.mcapitalp.com

About Akdital Holding
Founded in 2011 by Dr Rochdi Talib, Akdital Holding began operations with the Jerrada Clinic in Casablanca which holds 100 beds. In 2018, the group put in place an expansion strategy that led to the opening of four additional clinics in the Casablanca area between July 2018 and October 2019. Akdital also owns a structure that receives patients from Sub-Saharan Africa, Southern Europe and the MENA region.

https://akditalholding.ma/

 

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Mediterrania Capital Partners exits Cash Plus, the largest independent money transfer company in Morocco

27-01-2021. During Mediterrania Capital’s four and a half-year tenure, the annual revenues of Cash Plus quadrupled while EBITDA jumped six-fold. Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and...

Mediterrania Capital Partners exits Cash Plus, the largest independent money transfer company in Morocco

27-01-2021. During Mediterrania Capital’s four and a half-year tenure, the annual revenues of Cash Plus quadrupled while EBITDA jumped six-fold.

Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, announces the sale of its remaining stake in Cash Plus — the largest independent money transfer company in Morocco — to a group of Moroccan family offices.

Founded in 2004, Cash Plus is Morocco’s leading independent money transfer and low-income financial services provider, offering access to a comprehensive portfolio of inclusive financial products including currency exchange services, online payments of purchases and taxes and other banking services for low-income customers.

In July 2014, Mediterrania Capital Partners entered Cash Plus’s equity by acquiring a 49% stake. The investment was aimed at supporting the company’s aggressive expansion plans and launching new products and services, significantly widening its portfolio and customer reach.

Under Mediterrania Capital’s partial ownership, Cash Plus’s annual revenues quadrupled and EBITDA jumped six-fold, while the company expanded its presence by increasing the number of points of sale from 360 to nearly 2,000.

Mediterrania also helped Cash Plus obtain a Payment Licence from the Moroccan Central Bank, allowing the company to offer its customers low-income banking services, and helped the company develop its own ERP system and launch several web-based and mobile applications (“Cash Plus Mobile Wallet”) enabling customers to open a free mobile account and benefit from its online services such as carrying out transactions, receiving transfers, paying bills, locating Cash Plus agencies and refilling their phone credit.

Hatim Ben Ahmed, Partner at Mediterrania Capital Partners, said: “In four and a half years we have helped transform Cash Plus into a leading financial services company by strengthening its governance, upgrading its systems and establishing a strong discipline in the decision-making process at all levels of its organisation. Cash Plus’s extremely talented management team embraced the change and took the company to its next level of growth while setting the right foundations for sustainable development.”

Nabil Amar, Cash Plus’s Deputy CEO, said: “The entry of Mediterrania Capital Partners in 2014 was an enormous push to Cash Plus. With Mediterrania’s financial and operational support, Cash Plus entered a new era that included a major restructuring plan and rebranding strategy, the acquisition and integration of Eurosol in 2015, the start of key partnerships with banks, telecom operators and utility providers, the granting of a Payment Licence by the Moroccan Central Bank and the digitalisation of our products and services, all benefiting the lives of thousands of customers across Morocco and abroad. Thanks to Mediterrania, Cash Plus is nowadays a stronger company with a long-term vision and a very promising future.”

In May 2019, Mediterrania Capital Partners sold part of its stake in Cash Plus to Groupe Richbond. See the announcement here: https://www.mcapitalp.com/mediterrania-capital-partners-sells-significant-stake-in-cash-plus/

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Albert Alsina wins “Economist of the Year” and enters the list of “The 100 people that are transforming Africa” by Financial Afrik

11-01-2021. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is pleased to announce that Albert Alsina, Founder and CEO, has won the Financial Afrik 2020 Award for...

Albert Alsina wins “Economist of the Year” and enters the list of “The 100 people that are transforming Africa” by Financial Afrik

11-01-2021. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is pleased to announce that Albert Alsina, Founder and CEO, has won the Financial Afrik 2020 Award for “Economist of the Year” and is included in the list of “The 100 people that are transforming Africa” published by the prestigious magazine on the December edition.

Albert Alsina, Founder and CEO of Mediterrania Capital Partners, said: “Winning Financial Afrik’s Economist of the Year Award and being considered one of the 100 professionals that are transforming Africa is a great honour. Since the launch of Mediterrania Capital Partners’ operations in 2008, when we began investing in African SMEs, I’ve had the chance to witness the strong determination of the African entrepreneurs and their firm desire to improve people’s living conditions across the continent. I look forward to continuing the journey my team and I started more than 12 years ago bringing positive change through economic development.”

Albert Alsina is the Founder and CEO of Mediterrania Capital Partners, a private equity firm with focus in Africa that manages three investment funds with €452 million in Assets Under Management (AUM). Albert Alsina is also the author of “Value Creation in Private Equity”, a book that describes Mediterrania Capital Partners’ 8-step value creation model that helps portfolio companies achieve their next level of growth and development.

More information about the Financial Afrik 2020 Award winners :

https://www.financialafrik.com/2020/12/18/financial-afrik-awards-les-laureats-de-ledition-2020/

 

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For the fourth consecutive year, Mediterrania Capital Partners wins the Private Equity Africa Award for North Africa

25-11-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is pleased to announce that it has won the Private Equity Africa (PEA) 2020 Award “Regional Investor –...

For the fourth consecutive year, Mediterrania Capital Partners wins the Private Equity Africa Award for North Africa

25-11-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is pleased to announce that it has won the Private Equity Africa (PEA) 2020 Award “Regional Investor – North Africa”.

This is the fourth consecutive year that Mediterrania Capital Partners is recognised for its efforts and achievements in the region, after receiving the PEA North Africa award in 2017, 2018 and 2019.

In their 9th edition, the PEA Awards are the ultimate accolade of success in the African Private Equity industry. This year, the final winners were chosen by an independent panel of 20 judges, including representatives from CDC, DEG, EBRD, IFC, Wimmer Family Office, Mbuyu Capital Partners, 27four Investment Managers and Family Office Data Alliance.

Saâd Bendidi, Chairman and Partner at Mediterrania Capital Partners, said: “Receiving the PEA Award for North Africa for the fourth consecutive time confirms our undisputed leadership in the region. Constantly driving performance is only possible with a high-quality team such as Mediterrania Capital Partners. We have excellent professionals who work hard and have the right purpose. This award recognises the strong commitment and extraordinary knowledge of each member of our team.”

Gail Mwamba, the Awards Chair and Editor at PEA, said: “The PEA 2020 Awards have again showcased excellent industry players that go the extra mile to continue to build the industry despite difficult circumstances. This year’s awards have seen a considerable broadening of industry participation, also evidenced by the number of first-time winners and close contenders in each category. Congratulations to Mediterrania Capital Partners for this great achievement.”

All the PEA 2020 Awards winners will be presented with their trophies at the 10th Annual PEA Awards Gala Dinner to be hosted in London in 2021.

 About Mediterrania Capital Partners
Mediterrania Capital Partners is a dedicated Private Equity firm investing in consolidated SMEs and mid-cap companies in Africa. With offices in Abidjan, Algiers, Barcelona, Cairo, Casablanca and Valletta, Mediterrania Capital Partners takes a proactive, hands-on approach to implementing the growth strategy of its portfolio companies by driving the Value Creation and ESG processes. Today, the group companies and portfolio companies of Mediterrania Capital Partners deliver over €1.5 billion in annual revenues and employ more than 20,000 people in Africa.

In 2019 Mediterrania Capital Partners was granted an AIFM (Alternative Investment Fund Manager) Licence under the Directive 2011/61/EU by the MFSA (Malta Financial Services Authority). This licence requires fund managers to comply with a stringent regulatory and supervisory framework that includes strong governance processes.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA), the Financial Services Commission (FSC) in Mauritius and the Comisión Nacional del Mercado de Valores (CNMV) in Spain.

About Private Equity Africa
Private Equity Africa is a UK-based magazine that focuses exclusively on Africa’s private equity industry, providing news, analysis and research. Outputs include an online portal, a newsletter, a quarterly print journal and events.

 

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Mediterrania Capital Partners’ eight-step value creation model unveiled in a new book by Albert Alsina, Founder and CEO

28-10-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is pleased to announce that Albert Alsina, the company’s founder and long-time CEO, has launched a new book...

Mediterrania Capital Partners’ eight-step value creation model unveiled in a new book by Albert Alsina, Founder and CEO

28-10-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is pleased to announce that Albert Alsina, the company’s founder and long-time CEO, has launched a new book to share his knowledge and experience of generating value in business.

Albert Alsina, the author of Value Creation in Private Equity, said: “Being able to select the right companies in which to invest is crucial, but even more important is the ability to create value and have an impact from the very first day. With this book, I intend to share the key pillars of a very specific methodology that is helping our portfolio companies achieve their next level of growth by tackling a variety of aspects such as purpose, governance, human resources, the three enterprise processes, etc.”

The book aims to summarise in eight steps illustrated with real-life cases the value creation model that Mediterrania Capital Partners applies while monitoring the firm’s portfolio companies, supporting them in the definition and implementation of their business plan with a focus not only on the financial aspects of the business but also on intangible drivers like people, innovation, technology and brand.

“Regardless of the product or service, the sector and the countries in which they are operating, the systematic implementation of this value creation model helps companies become stronger, more efficient and more profitable while enhancing their long-term growth and competitiveness,” concluded Albert Alsina.

Value Creation in Private Equity, available in bookstores in print and digital formats, is intended for Private Equity and Venture Capital professionals, investors, entrepreneurs and company owners seeking to create value and improve performance in any business.

See promotional video: https://www.mcapitalp.com/value-creation/albert-alsina-book/

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About Albert Alsina
Albert Alsina has three decades of international experience in multinational settings where he held several General Management executive positions at global and European levels in the US, UK, Brazil, Germany, Zimbabwe, Spain and Malta. He has also held Board positions in many African, Asian and South American companies.

In 2013, Albert founded Mediterrania Capital Partners Ltd, which today manages three funds: MC I, MC II and MC III. Nowadays Albert is a member of several Investment Committees and a Board member of several portfolio companies of the three funds.

Albert is a member of the Emerging Markets Private Equity Association (EMPEA) Governance Committee and African Council, an active member of the Africa Capital Venture Association (AVCA) Sustainability Committee and an Associate Professor at the EADA Business School in Barcelona. He currently sits on the Board of Anne Fundació, a centre dedicated to providing medical and psychological care for children. Albert is an AMP graduate from Harvard Business School (USA). He also completed the Global Leadership Program from Wharton (USA) and PADE from the IESE Business School (Spain) and holds master’s degrees from Fulda Fachoschule (Germany) and Université de Poitiers (France) as well as a bachelor’s degree in business from the University of Barcelona (Spain).

About Mediterrania Capital Partners
Mediterrania Capital Partners is a dedicated Private Equity firm investing in consolidated SMEs and mid-cap companies in Africa. With offices in Abidjan, Algiers, Barcelona, Cairo, Casablanca and Valletta, Mediterrania Capital Partners takes a proactive, hands-on approach to implementing the growth strategy of its portfolio companies by driving the Value Creation and ESG processes. Today, the group companies and portfolio companies of Mediterrania Capital Partners deliver over €1.5 billion in annual revenues and employ more than 20,000 people in Africa.

In 2019 Mediterrania Capital Partners was granted an AIFM (Alternative Investment Fund Manager) Licence under the Directive 2011/61/EU by the MFSA (Malta Financial Services Authority). This licence requires fund managers to comply with a stringent regulatory and supervisory framework that includes strong governance processes.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA), the Financial Services Commission (FSC) in Mauritius and the Comisión Nacional del Mercado de Valores (CNMV) in Spain.

 

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Mediterrania Capital Partners’ portfolio company Akdital Holding expands its oncology care offering to cover the periphery of Casablanca

09-10-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is pleased to announce that its portfolio company Akdital Holding has opened a new oncology department providing diagnostic...

Mediterrania Capital Partners’ portfolio company Akdital Holding expands its oncology care offering to cover the periphery of Casablanca

09-10-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is pleased to announce that its portfolio company Akdital Holding has opened a new oncology department providing diagnostic and treatment services at the Casablanca Ain Sbaâ private hospital in the Hay Mohammadi Ain Sbaâ prefecture.

A dedicated oncology wing, with a 12-person day hospital and a radiotherapy department containing two bunkers equipped with the latest generation of accelerators, recently opened its doors there. This new centre fulfils a vital need for the region, as until now all oncology centres were concentrated in Casa Anfa. In Morocco, the number of cancer patients has been increasing significantly to reach approximately 50,000 new cases diagnosed each year, with many patients requiring an early start of treatment.

Dr Rochdi Talib, Founder and CEO of Akdital Holding, said: “This centre will serve the entire population of the periphery of Casablanca, including the cities of Mohammadia, Zenata and Benslimane, which until now have had no public or private cancer treatment centres whatsover.”

Founded in 2011, Akdital began operations with the Jerrada Clinic in Casablanca and since 2018 has been carrying out a major investment plan with the construction of four new multidisciplinary and specialist health establishments: the Ain Borja clinic (2018), the Casablanca International Oncology Centre (2019), the Longchamps clinic (2019) and the Casablanca Ain Sbaâ private hospital (2019).

With a total capacity of 550 beds, Akdital’s clinics and hospitals provide a variety of healthcare services including cardiology, cardiac surgery, neurosurgery, oncology, radiotherapy, intensive care, neonatal care, etc. The group is planning to continue its expansion with new developments in El Jadida, Agadir and Tangiers.

About Mediterrania Capital Partners
Mediterrania Capital Partners is a dedicated Private Equity firm investing in consolidated SMEs and mid-cap companies in Africa. With offices in Abidjan, Algiers, Barcelona, Cairo, Casablanca and Valletta, Mediterrania Capital Partners takes a proactive, hands-on approach to implementing the growth strategy of its portfolio companies by driving the Value Creation and ESG processes. Today, the group companies and portfolio companies of Mediterrania Capital Partners deliver over €1.5 billion in annual revenues and employ more than 20,000 people in Africa.

In 2019 Mediterrania Capital Partners was granted an AIFM (Alternative Investment Fund Manager) Licence under the Directive 2011/61/EU by the MFSA (Malta Financial Services Authority). This licence requires fund managers to comply with a stringent regulatory and supervisory framework that includes strong governance processes.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA), the Financial Services Commission (FSC) in Mauritius and the Comisión Nacional del Mercado de Valores (CNMV) in Spain.

About Akdital Holding
Founded in 2011 by Dr Rochdi Talib, Akdital Holding began operations with the Jerrada Clinic in Casablanca which holds 100 beds. In 2018, the group put in place an expansion strategy that led to the opening of four additional clinics in the Casablanca area between July 2018 and October 2019. Akdital also owns a structure that receives patients from Sub-Saharan Africa, Southern Europe and the MENA region.

 

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MCP’s portfolio company Groupe Scolaire René Descartes establishes a financial partnership with Banque Zitouna to support students’ families

16-09-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces the signing by its portfolio company Groupe Scolaire René Descartes of an agreement with Banque Zitouna to...

MCP’s portfolio company Groupe Scolaire René Descartes establishes a financial partnership with Banque Zitouna to support students’ families

16-09-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces the signing by its portfolio company Groupe Scolaire René Descartes of an agreement with Banque Zitouna to financially support families impacted by the Covid-19 crisis.

Groupe Scolaire René Descartes (GSRD) is a Tunisian group of private educational institutions specialising in French programmes and one of only three schools in Tunisia in partnership with the AEFE (Agency for French Education Abroad). Founded 28 years ago, GSRD welcomes more than 2,500 students at its various sites in the Ennasr 2 and Berges du Lac 2 neighbourhoods of Tunis.

The partnership between GSRD and Banque Zitouna provides a financial product offering the parents of students enrolled in one of the various GSRD establishments in Tunis a solution for financing their children’s tuition fees for the current scholastic year.

Zied Ben Ghorbel, General Manager of GSRD, declared that “In the context of the crisis linked to Covid-19, as the financial situation of many households has been seriously affected by the Covid-19 crisis, we have worked with our historical partner Banque Zitouna to offer this new financing scheme, which will help support those who have chosen excellence by enabling them to rest assured that their children can continue their education within our Group.”

This financial support marketed by Banque Zitouna enables parents to pay their school fees in instalments over up to three years under special terms. This solution will help parents of students already enrolled as well as those of new students who have successfully passed the entrance exam.
Daniel Viñas, Partner at Mediterrania Capital, added, “Since our investment in GSRD in January 2018 we’ve been supporting the group in its development plans and ESG initiatives. The partnership with Banque Zitouna represents a crucial relief plan in these difficult times where
many households are severely impacted by the economic effects of Covid-19. We’re very proud to be contributing to GSRD’s future.”

About Mediterrania Capital Partners
Mediterrania Capital Partners is a dedicated Private Equity firm investing in consolidated SMEs and mid-cap companies in Africa. With offices in Abidjan, Algiers, Barcelona, Cairo, Casablanca and Valletta, Mediterrania Capital Partners takes a proactive, hands-on approach to implementing the growth strategy of its portfolio companies by driving the Value Creation and ESG processes. Today, the group companies and portfolio companies of Mediterrania Capital Partners deliver over €1.5 billion in annual revenues and employ more than 20,000 people in Africa.

In 2019 Mediterrania Capital Partners was granted an AIFM (Alternative Investment Fund Manager) Licence under the Directive 2011/61/EU by the MFSA (Malta Financial Services Authority). This licence requires fund managers to comply with a stringent regulatory and supervisory framework that includes strong governance processes.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA), the Financial Services Commission (FSC) in Mauritius and the Comisión Nacional del Mercado de Valores (CNMV) in Spain.

About Groupe Scolaire René Decartes
Founded in 1993, Groupe Scolaire René Descartes is a Tunisian group headquartered in Tunis, offering French and Tunisian tuition programmes from pre-primary school to high school to Tunisian and international pupils. The Group operates two entities: GSRD and FHB.

 

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An investors’ consortium led by Mediterrania Capital Partners acquires MetaMed

22-05-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces the acquisition of MetaMed, the largest platform of Diagnostic Imaging centres in Egypt, Jordan and Saudi Arabia....

An investors’ consortium led by Mediterrania Capital Partners acquires MetaMed

22-05-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces the acquisition of MetaMed, the largest platform of Diagnostic Imaging centres in Egypt, Jordan and Saudi Arabia. The investment was led by Mediterrania Capital Partners through its fund MC III and included Mediterrania Capital’s fund investors FMO, Proparco, DEG and EBRD.

MetaMed was created in 2009 by Gulf Capital GC Equity Partners II as Technogroup Investments Holdings (TGIH) with the purpose of investing in Diagnostic Imaging (DI) and related radiology services such as MRI, CT Scanning and X-Ray. After several acquisitions and expansion of the different businesses, MetaMed currently owns, manages and operates 27 DI centres mostly located in Egypt, a few centres in Jordan and Saudi Arabia, and one centralised clinical laboratory in Egypt.

In 2018, Mediterrania Capital Partners invested in Cairo Scan, the leading private provider of medical imaging services and diagnostics in Egypt. The Private Equity firm intends to fully integrate MetaMed and Cairo Scan’s businesses creating the largest platform of Diagnostic Imaging and related services in the region with more than 45 branches in total.

Mediterrania Capital’s objective is to lead the consolidation of the medical services market in the region through a combination of organic and inorganic growth. The transaction, whose total value exceeds 100 million euros, includes a capital injection to accelerate the execution of the business plan.

Growing awareness on diagnostic imaging usage, increasing healthcare expenditures and advancements in technologies are driving the growth of the DI sector worldwide. In particular, MetaMed has benefited from strong favourable healthcare market dynamics in its home markets:

  1. – A large and underserved population of 150 million with increasing earning capacity and strong demographic trends
  2. – Commitment and prioritisation of healthcare spending by the governments in the region
  3. – Operations in two of the most populous countries and the most attractive medical tourism hub in the region: Egypt has the highest population base in the region while Jordan represents one of the most medically advanced markets

Daniel Viñas, Mediterrania Capital Partners’ Partner, said: “Over the past decade, MetaMed has accumulated the experience, technical knowledge, and awareness of market dynamics to maintain and grow its position in its respective markets. Thanks to strong operational synergies with Cairo Scan, the acquisition of MetaMed allows us to consolidate our position in Egypt while we expand to new markets like Jordan and Saudi Arabia, where the growth potential for DI services is huge.”

The resulting platform composed of Cairo Scan and MetaMed will be Chaired by Dr Hatem El Gabaly, Cairo Scan’s current Chairman. Dr Hatem El Gabaly said: “With the acquistion of MetaMed and financial support from the investors’ consortium we are looking to expand our branch network in the existing geographies, acquire new equipment and continue to use the most advanced technologies that will enable us to offer the highest quality DI services in the region, increase capacity and diversify into new revenue streams.”

Legal advisors for this operation were Zaki Hashem & Partners (Egypt), Zu’bi Advocates and Legal Consultants (Jordan), Covington (Saudi Arabia), Cary Olsen (Cayman), Dentons (UK) and Zammit Pace and FJVA (Malta). Tax advisors: Cuatrecasas. Financial advisors: Deloitte. Commercial advisors: Efeso. ESG advisors: ERM.

About Mediterrania Capital Partners
Mediterrania Capital Partners is a dedicated Private Equity firm investing in consolidated SMEs and mid-cap companies in Africa. With offices in Abidjan, Algiers, Barcelona, Cairo, Casablanca and Valletta, Mediterrania Capital Partners takes a proactive, hands-on approach to implementing the growth strategy of its portfolio companies by driving the Value Creation and ESG processes. Today, the group companies and portfolio companies of Mediterrania Capital Partners deliver over €1.5 billion in annual revenues and employ more than 20,000 people in Africa.

In 2019 Mediterrania Capital Partners was granted an AIFM (Alternative Investment Fund Manager) Licence under the Directive 2011/61/EU by the MFSA (Malta Financial Services Authority). This licence requires fund managers to comply with a stringent regulatory and supervisory framework that includes strong governance processes.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA), the Financial Services Commission (FSC) in Mauritius and the Comisión Nacional del Mercado de Valores (CNMV) in Spain.

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Mediterrania Capital Partners’ portfolio companies resilient to the Covid-19 pandemic

20-05-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth  investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is guiding its portfolio companies with strategic support and additional funds helping them to successfully overcome the health...

Mediterrania Capital Partners’ portfolio companies resilient to the Covid-19 pandemic

20-05-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth  investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is guiding its portfolio companies with strategic support and additional funds helping them to successfully overcome the health and economic risks caused by the Covid-19 pandemic.

Since it began operations, Mediterrania Capital Partners’ three funds for Africa have invested in several companies spanning a variety of sectors and countries.

Mediterrania Capital Partners’ portfolio:

Company Sector Country (HQ)
Akdital Holding Health Care Morocco
Aziza Food Retail Tunisia
Biopharm Health Care Algeria
Cairo Scan Health Care Egypt
Cash Plus Financial Services Morocco
C.E.C.I. Group Industrial Morocco
Cieptal Cars Business Services Algeria
Groupe Cofina Financial Services Ivory Coast
Groupe Scolaire René Descartes Education Tunisia
Indigo Company Clothing Retail Tunisia
MEDTECH Group ICT Morocco
Randa Food & Beverage Tunisia
TGCC Construction Morocco
Université Privée de Marrakech (UPM) Education Morocco

Albert Alsina, Founder and CEO at Mediterrania Capital Partners, said: “Today our focus has mostly shifted from transactions to portfolio management. In these uncertain times and with the spread of Covid-19, our active support on operational matters is critical. However, we may look at interesting opportunities in Health Care and Education that will contribute to boosting the economies of our focus countries and help alleviate the impact of the current conditions.”

Besides implementing strict and comprehensive actions to ensure the safety and well-being of all employees at the portfolio level, Mediterrania Capital Partners is working hand-in-hand with all its investees to ensure they have the right tools and operational support to overcome the crisis.

In this regard, Mediterrania Capital Partners has set up a working group dedicated to monitoring the working capital needs and cash flow of the portfolio companies. This team actively supports the investee companies on key operational aspects such as supplier account management, supply chain continuity and costs optimisation, as well as HR-related aspects.

“We strongly believe that our portfolio of companies is rightly positioned to overcome the current crisis and achieve the long-term development plans,” concluded Albert Alsina.


About Mediterrania Capital Partners
Mediterrania Capital Partners is a dedicated Private Equity firm investing in consolidated SMEs and mid-cap companies in Africa. With offices in Abidjan, Algiers, Barcelona, Cairo, Casablanca and Valletta, Mediterrania Capital Partners takes a proactive, hands-on approach to implementing the growth strategy of its portfolio companies by driving the Value Creation and ESG processes. Today, the group companies and portfolio companies of Mediterrania Capital Partners deliver over €1.5 billion in annual revenues and employ more than 20,000 people in Africa.

In 2019 Mediterrania Capital Partners was granted an AIFM (Alternative Investment Fund Manager) Licence under the Directive 2011/61/EU by the MFSA (Malta Financial Services Authority). This licence requires fund managers to comply with a stringent regulatory and supervisory framework that includes strong governance processes.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA), the Financial Services Commission (FSC) in Mauritius and the Comisión Nacional del Mercado de Valores (CNMV) in Spain.

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Mediterrania Capital Partners reaches €286 million final closing for MC III, its third fund for Africa

21-04-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces it has reached a €286 million final closing for its third fund for Africa, Mediterrania Capital III...

Mediterrania Capital Partners reaches €286 million final closing for MC III, its third fund for Africa

21-04-2020. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces it has reached a €286 million final closing for its third fund for Africa, Mediterrania Capital III (MC III).

MC III is an eight-year fund that targets small and medium-sized enterprises in North African countries including Algeria, Egypt, Morocco and Tunisia, as well as West and Central African countries including Senegal, the Ivory Coast and Cameroon. Looking to take substantial minority or majority stakes, the fund is investing in companies that are well-established in their local markets and have the potential to scale up their activities at the regional level and across the African continent.

To date, 60% of the fund has already been invested in five portfolio companies:
• TGCC – Leader in the construction industry in Morocco with operations in Senegal and the Ivory Coast
• Cofina – Leading meso-finance institution in West and Central Africa operating in Ivory Coast, Senegal, Guinea Conakry, Gabon, Mali, Congo Brazzaville and Burkina Faso through a network of 90 agencies
• Cairo Scan – The leading private provider of radiological and clinical laboratory services in Egypt
• Aziza – One of the leading food retail operators in Tunisia with 280+ stores across the country covering 83,000 sq.m of sales area
• Akdital Holding – The largest private clinic in Morocco with five clinics in greater Casablanca and a capacity of 550 beds

Albert Alsina, CEO and Founder of Mediterrania Capital Partners, said: “We are extremely thankful for the continued support of our LPs. At a time when the spread of COVID-19 pandemic is causing an unprecedented threat to people and economies around the world, MC III brings additional financial help at a crucial moment for African SMEs. Through our local teams in Casablanca, Algiers, Cairo and Abidjan, we will continue to search for the best investment opportunities and work closely with our existing portfolio, guiding the implementation of the operational and social measures needed to overcome this difficult phase, and ultimately building resilient companies with the required foundations for long-term growth.”

In 2019 Mediterrania Capital Partners was granted an AIFM (Alternative Investment Fund Manager) Licence under the Directive 2011/61/EU by the MFSA (Malta Financial Services Authority). This licence requires fund managers to comply with a stringent regulatory and supervisory framework that includes strong governance processes.

Saâd Bendidi, Mediterrania Capital’s Chairman and Partner, added: “Thanks to the granting of the AIFM Licence, we have been able to welcome new investors to Mediterrania Capital III and close our third fund above expectations.”

Established in Malta in 2013, Mediterrania Capital Partners has always advocated clear and strong governance in all its Group Companies, funds and portfolio companies. Since it began operations, the Private Equity firm has conducted its business and investments under strict governing processes that provide both a long-term foundation and financial transparency and best practice governance across all related Mediterrania Capital companies.

About Mediterrania Capital Partners
Mediterrania Capital Partners is a dedicated Private Equity firm focusing on growth investments in SMEs and mid-cap companies in Africa. With offices in Abidjan, Algiers, Barcelona, Cairo, Casablanca and Valletta, Mediterrania Capital Partners takes a proactive, hands-on approach to implementing the growth strategy of its portfolio companies by driving the Value Creation and ESG processes.

Mediterrania Capital Partners invests in African SMEs with an annual turnover of €20 million to €300 million and expansion strategies into North and Sub-Saharan African markets.

The group companies and portfolio companies of Mediterrania Capital Partners deliver over €1.5 billion in annual revenues and employ more than 20,000 people in Africa.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA), the Financial Services Commission (FSC) in Mauritius and the Comisión Nacional del Mercado de Valores (CNMV) in Spain.

 

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