NEWS & AWARDS

Press Releases and Media Alerts

Mediterrania Capital Partners announces the first closing of Mediterrania Capital III LP at €103 million

28 November 2017. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on  growth investments for SMEs in North African and Sub-Saharan countries, announces the first closing of its third capital growth fund, Mediterrania Capital III LP, at €103 million....

Mediterrania Capital Partners announces the first closing of Mediterrania Capital III LP at €103 million

28 November 2017. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on  growth investments for SMEs in North African and Sub-Saharan countries, announces the first closing of its third capital growth fund, Mediterrania Capital III LP, at €103 million.

Mediterrania Capital III (MC III) provides growth capital to generalist small- and medium-cap companies based in North African and Sub-Sahara African countries including Morocco, Algeria, Tunisia, Egypt, Senegal, Côte d’Ivoire and Cameroon. The fund will be investing €10-30 million in eight to 12 investments, mainly in minorities (but not excluding majorities). MC III investments focus on core sectors such as healthcare, finance, FMCG, education, transport and logistics.

As well as a number of new investors, Mediterrania Capital Partners’ historical LPs continue to back the private equity firm on its third fund efforts. MC III’s investors include development finance institutions and commercial investors.

Albert Alsina, Founder and CEO of Mediterrania Capital Partners, said: “We are pleased to have completed the first closing of MC III as per plan in Q4 2017, and the continuous support of our historical LPs has been crucial in this. With our third fund, we continue to target core industries benefiting from positive market and demographic trends while also expanding our geographical scope and investment tickets. Today we have a strong pipeline of very good projects, with some ready to be executed.”

Mediterrania Capital III LP is fully operational and plans to complete several investments in the coming months. MC III’s second closing is scheduled for mid-2018 with a target of €250 million.

With offices in Abidjan, Algiers, Barcelona, Cairo, Casablanca, and Malta, Mediterrania Capital Partners takes an intensely proactive, hands-on approach to implementing its growth strategy by leading the governance of the companies and driving the key internal value creation process.

Consistent with its strategy, Mediterrania Capital Partners continues to search for SMEs with an equity value of €25 million to €400 million and expansion strategies into North African and Sub-Saharan African markets.

MC III legal advisors are Cuatrecasas and Allen & Overy.

About Mediterrania Capital Partners
Mediterrania Capital Partners (www.mcapitalp.com) is a dedicated Private Equity firm focusing on growth investments in SMEs and mid-cap companies in Africa. The company started its operations in 2008 under “Fons Mediterrania Capital” and since 2013 is an independent General Partner Structure.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA) and the Financial Services Commission (FSC) in Mauritius.

FOR FURTHER INFORMATION CONTACT:
Montserrat Petit, Communications Manager
mpetit@mcapitalp.com
+356 9914 7237

Download PDF

Close

EBRD commits €15 million to Mediterrania Capital III Funds to boost small businesses in Egypt, Morocco and Tunisia

14-11- 2017, Cairo. The EBRD is supporting small and medium-sized businesses in Egypt, Morocco and Tunisia with a €15 million equity investment in the first close of Mediterrania Capital III LP (MC III), which could increase up to €35 million...

EBRD commits €15 million to Mediterrania Capital III Funds to boost small businesses in Egypt, Morocco and Tunisia

14-11- 2017, Cairo.

The EBRD is supporting small and medium-sized businesses in Egypt, Morocco and Tunisia with a €15 million equity investment in the first close of Mediterrania Capital III LP (MC III), which could increase up to €35 million in subsequent closings.

This is the third fund of Mediterrania Capital Partners, a regional private equity firm focused on growth investments supporting small and medium-sized enterprises (SMEs) in North Africa and sub-Saharan countries. The EBRD funds will allow Mediterrania Capital to make equity and quasi-equity investments in SMEs in Egypt, Morocco and Tunisia to boost their competitiveness.

It follows a previous €20 million EBRD investment in the second fund of Mediterrania Capital Partners, MC II, to support SMEs in North Africa.

Albert Alsina, Founder and CEO of Mediterrania Capital Partners, said: “The EBRD’s continued support is crucial to achieving our plans for expansion into Egypt. The EBRD’s values of building market economies through businesses that are competitive, green, inclusive, resilient and well-governed are fully aligned with our goals as a private equity firm that seeks to deliver high returns to our investors and partners while helping SMEs grow and set the right foundations for the future.”

EBRD President Sir Suma Chakrabarti added: “Through our investments, we aim to help businesses flourish, promoting innovation, growth and transparency, and ultimately improve the quality of people’s lives. We are very pleased to partner with Mediterrania Capital Partners once again. With their high ethical standards and strong transactional and operational experience in private equity, they continue to be a critical partner for us.”

Mediterrania Capital Partners invests in economies that benefit from pro-business policies, favourable demographics, a growing middle class with increased purchasing power and rapid urbanisation trends.

Maintaining the strategy set by the two previous funds, MC III will continue to target core industries such as education, healthcare, finance, retail, telecommunications as well as transport and logistics.

Through the MC I and MC II funds, to date Mediterrania Capital Partners has invested in 17 companies in North Africa, which currently account for €1 billion in annual revenues and 7,000 employees combined. Over the last 10 years, the firm focused on capital growth markets in North Africa such as Algeria, Morocco and Tunisia and is now expanding into Egypt and selected francophone sub-Saharan countries.

In support of its country expansion plans, Mediterrania Capital is opening a new office in Cairo under the management of Khaled Saba, Senior Country Advisor for Egypt.

Across all its investments, Mediterrania Capital Partners takes a highly proactive, hands-on approach to implementing the growth strategy of the portfolio companies while leading the governance processes. This approach enables portfolio companies to deliver higher-than-average EBITDA and revenue growth rates and enhance their environmental, social and corporate governance best practices.

MC III’s operations are scheduled to commence at the end of November with €100 million at first close. Final closing is scheduled for July 2018 with a target of €250 million.

The EBRD launched its operations in the southern and eastern Mediterranean region (SEMED) region in 2012, and to date the Bank has committed nearly €6 billion across 148 projects in various economic sectors.

 

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. The company started its operations in 2008 under “Fons Mediterrania Capital” and since 2013 is an independent general partner structure.

With offices in Abidjan, Algiers, Barcelona, Cairo, Casablanca and Malta, Mediterrania Capital Partners takes an intensely proactive, hands-on approach to implementing its growth strategy by leading the governance of the companies and driving the key internal value creation process.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA).

For further information contact:
Montserrat Petit, PR & Communications Manager
+356 9914 7237
mpetit@mcapitalp.com
www.mcapitalp.com

 

About the EBRD

The EBRD is a multilateral bank that promotes the development of the private sector and entrepreneurial initiative in 37 economies across three continents. The Bank is owned by 66 countries as well as the EU and the EIB. EBRD investments are aimed at making the economies in its regions competitive, inclusive, well-governed, green and integrated. Follow us on the web, Facebook, LinkedIn, Instagram, Twitter and YouTube.

Download PDF

Close

Mediterrania Capital Partners wins prestigious Private Equity Africa Award

2-06-2017. Malta, Barcelona. Mediterrania Capital Partners, a regional private equity firm focused on growth investments for SMEs in North Africa and Sub-Saharan countries, is pleased to announce that it has won the “Special Recognition for PE House of the Year,...

Mediterrania Capital Partners wins prestigious Private Equity Africa Award

2-06-2017. Malta, Barcelona. Mediterrania Capital Partners, a regional private equity firm focused on growth investments for SMEs in North Africa and Sub-Saharan countries, is pleased to announce that it has won the “Special Recognition for PE House of the Year, Regional Investor – North Africa” at the Private Equity Africa Awards 2017 (PEA Awards).

The final winners were chosen by an independent panel of leading industry professionals with representation from CDC, HarbourVest, IFC, LPEQ, Hamilton Lane, Rede Partners, Aon Hewitt, Swedfund, Sarona Asset Management and Cebile Capital.

The Awards attracted over 120 self-entries and were complemented by recommendations from the PEA editorial team and supported by industry data. The nominations were in partnership with the London Business School Private Equity Institute.

This is the second consecutive year that Mediterrania Capital Partners receives a PE Africa Award. At the 2016 edition, Mediterrania Capital won “Portfolio Company of the Year” for Cash Plus, a money transfer company based in Morocco.

Albert Alsina, CEO and Managing Partner at Mediterrania Capital Partners, said: “Being recognised with a PE Africa Award for the second consecutive year gives us the confidence to continue working on the same direction, helping companies reach their next level of growth with the right implementation of our value creation model, while focusing on responsible investments that create wealth for the region and its communities.”

Gail Mwamba, the Awards Chair and Editor of Private Equity Africa, said: “The 2017 Awards have demonstrated that astute dealmakers and advisors can deliver strong private equity deals to global standards across the continent, despite challenging macro-economic conditions. We were hugely impressed by the calibre of all the entries this year, a remarkable achievement against challenging conditions.”

“The results that the award winners have achieved in the last year truly demonstrate the immense opportunity in African private equity and the resilience of the industry. Congratulations to Mediterrania Capital Partners and all the winners for this year and we look forward to gathering again next year.”

 

About Mediterrania Capital Partners
Mediterrania Capital Partners (www.mcapitalp.com) is a dedicated Private Equity firm focusing on growth investments in SMEs and mid-cap companies in Africa. The company started its operations in 2008 under “Fons Mediterrania Capital” and since 2013 is an independent General Partner Structure.

With offices in Abidjan, Algiers, Barcelona, Casablanca, Tunis, and Malta, Mediterrania Capital Partners takes an intensely proactive, hands-on approach to implementing its growth strategy by leading the governance of the companies and driving the key internal value creation process.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA).

For further contact:
Montserrat Petit, PR & Communications Manager
mpetit@mcapitalp.com
+356 9914 7237

About Private Equity Africa
Private Equity Africa (www.privateequityafrica.com) is a UK-based news source 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.

See all the winners for the 2017 Awards here: https://peafricaevents.com/2017-winners/

Download PDF

Close

Mediterrania Capital Partners and AfricInvest exit Grupo San Jose & Lopez (SJL)

10-04-2017. Mediterrania Capital Partners, a regional private equity firm focused on growth investments for SMEs in North Africa and Sub-Saharan countries, and AfricInvest, a leading pan-African SME-focused private equity firm with more than $1bn under management, are together pleased to announce...

Mediterrania Capital Partners and AfricInvest exit Grupo San Jose & Lopez (SJL)

10-04-2017. Mediterrania Capital Partners, a regional private equity firm focused on growth investments for SMEs in North Africa and Sub-Saharan countries, and AfricInvest, a leading pan-African SME-focused private equity firm with more than $1bn under management, are together pleased to announce the sale of Grupo San Jose & Lopez (SJL), a logistics and international road freight transport company with operations in the Maghreb and Europe.

Under the ownership of Mediterrania Capital Partners and AfricInvest, SJL—which is headquartered in Tangier (Morocco) and Oiartzun (Spain)—became one of the major road freight transporters between Europe and North Africa, and will soon provide transport to Western Africa. SJL also offers logistics, storage, and national transport services.

In June 2013, Mediterrania Capital Partners and AfricInvest together acquired a minority stake in SJL. Eventually the two acquired the remainder of the company, a process completed in August 2015. Both firms are now selling their participation to Investec Asset Management, a specialist investment manager, which is purchasing 100% of the company.

Under Mediterrania Capital Partners and AfricInvest’s and active ownership, SJL´s annual revenues increased by 38% through December 2016, while EBITDA tripled over the same period. The company also strengthened its presence in the Maghreb region through the development of its domestic and international road freight transport and logistics services in Morocco and expansion into new markets with the launch of SJL Tunisia.

Hatim Ben Ahmed, Partner at Mediterrania Capital Partners, said: “In 2013 we saw the tremendous opportunity that SJL represented for the transport sector in the North Africa region. We are very pleased to have worked with SJL’s management and AfricInvest and to have contributed to the development of a regional champion in the transport and logistics sector over the last three years. The sale of SJL to Investec supports the group’s future strategy in terms of product and service development and geographic expansion.”

Brahim El Jai, Senior Partner and Managing Director at AfricInvest Morocco, commented: “Through our partnership with Mediterrania Capital Partners, we have been pleased to help SJL grow into a financially sound and sustainable business with best-in-class management and a clear vision and trajectory for continued success. We are also delivering strong equity returns for our investors, so we could not be more satisfied with the result.”

With more than 60 years of experience, SJL is now a global partner to large corporations, managing 11 logistics platforms in Europe, Morocco and Tunisia and delivering over 20,000 annual journeys between Europe and Morocco.

In this transaction, Mediterrania Capital Partners and AfricInvest have been advised by Deloitte as financial advisor, Allen & Overy as legal advisor, and Lazard as accounting due diligence provider.

FOR FURTHER INFORMATION CONTACT:

Mediterrania Capital Partners
Montserrat Petit, Communications Manager
mpetit@mcapitalp.com
+356 9914 7237

AfricInvest
Ann Wyman, Senior Manager
ann.wyman@africinvest.com
+216 71 189 800

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. The company started its operations in 2008 under “Fons Mediterrania Capital” and since 2013 is an independent General Partner Structure.

With offices in Abidjan, Algiers, Barcelona, Casablanca, Tunis, and Malta, Mediterrania Capital Partners takes an intensely proactive, hands-on approach to implementing its growth strategy by leading the governance of the companies and driving the key internal value creation process.

Consistent with its strategy, Mediterrania Capital Partners continues to search for SMEs with an equity value of €25 million to €400 million and expansion strategies into North African and Sub-Saharan African markets.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA).

www.mcapitalp.com

About AfricInvest
AfricInvest was founded in 1994 and is today among the leading private equity firms in North and Sub-Saharan Africa with more than 1 billion USD of assets under management across 16 PE funds and sponsored by prestigious DFIs, private and institutional investors. The firm has made 136 investments over the course of its history, and relies on a team of 60 highly skilled investment professionals with over 130 years of cumulative PE experience. AfricInvest operates out of eight offices in Tunis, Casablanca, Algiers, Lagos, Abidjan, Nairobi, Paris and London.

AfricInvest Group is the co-founder of the African Venture Capital Association (http://www.avca-africa.org/) and the Emerging Markets Private Equity Association (www.empea.org) and member of the Euromed Capital Forum (www.euromed-capital.com).

www.africinvest.com

Download PDF

For more information, please contact us

Website: www.mcapitalp.com
YouTube channel: www.youtube.com/channel/UCmBxa-EDilIWakYJr1_J6SQ
LinkedIn: www.linkedin.com/company/mediterrania-capital-partners

 

Close

Mediterrania Capital Partners signs up to UNPRI

20-03-2017. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces that it has become a signatory of the United Nations Principles for Responsible Investment (UNPRI). UNPRI is an...

Mediterrania Capital Partners signs up to UNPRI

20-03-2017. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces that it has become a signatory of the United Nations Principles for Responsible Investment (UNPRI).

UNPRI is an international network of investors working together to put the six Principles for Responsible Investment into practice. The Principles, which are voluntary, include actions for incorporating environmental, social and corporate governance (ESG) issues into investment practices across asset classes.

“For Mediterrania Capital Partners value creation goes beyond the financial and operational aspects of the investee company. It also involves improving the ESG factors of a business, thereby focusing on both the internal policies and the external impact of an organisation. Through our investments we strive to deliver strong financial returns while creating positive outcomes for communities and for the environment”, said Albert Alsina, CEO and Managing Partner at Mediterrania Capital Partners.

Daniel Viñas, Partner at Mediterrania Capital Partners, heads ESG across the investor’s portfolio. Daniel is supported by Rajaa Berrkia, Operations Director at Mediterrania Capital, and Shaban Sidratu Jah, Operations Manager in charge of ESG matters.

UNPRI’s goal is to understand the implications of sustainability for investors and support signatories to incorporate these issues into their investment decision making and ownership practices. In implementing the Principles, signatories contribute to the development of a more sustainable global financial system.

About Mediterrania Capital Partners

Mediterrania Capital Partners (www.mcapitalp.com) is a dedicated Private Equity firm focusing on growth investments in SMEs and mid-cap companies in Africa. The company started its operations in 2008 under “Fons Mediterrania Capital” and since 2013 is an independent General Partner Structure.

Consistent with its strategy, Mediterrania Capital Partners continues to seek North African and Sub-Saharan-based SMEs with an equity value of €25 million to €400 million. The firm is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA).

Download PDF

For more information, please contact us

Website: www.mcapitalp.com
YouTube channel: www.youtube.com/channel/UCmBxa-EDilIWakYJr1_J6SQ
LinkedIn: www.linkedin.com/company/mediterrania-capital-partners

Close

Mediterrania Capital Partners raises €250 million for third fund

7-03-2017, Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces its plans to raise €250 million for its third fund, Mediterrania Capital III (MC III). Through MC III,...

Mediterrania Capital Partners raises €250 million for third fund

7-03-2017, Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces its plans to raise €250 million for its third fund, Mediterrania Capital III (MC III).

Through MC III, Mediterrania Capital will maintain its focus in North Africa while expanding into selected Sub-Saharan countries such as Ivory Coast, Senegal and Cameroon. The firm is planning to continue investing in strong core sectors that benefit from the favourable demographics of the region, a growing middle class with increased purchasing power and rapid urbanisation trends.

The first closing of MC III is scheduled for Q4 2017 with full deployment of the funds planned to be completed within three to four years of the closing.

Through offices in Abidjan, Algiers, Barcelona, Casablanca, Cairo1, Tunis and Valletta, Mediterrania Capital Partners is currently advising two funds, Mediterrania Capital I (MC I), which closed in Q2 2008, and Mediterrania Capital II (MC II), closed in Q4 2013 and with 80% of the funds deployed as of today.
MC I’s and MC II’s investor bases both consist of corporate and public pension funds, funds of funds, family offices and development finance institutions from the US, Canada, Europe, Middle East and Africa.

Mediterrania Capital Partners’ current portfolio2 include companies in a wide range of sectors such as financial, pharmaceutical, education, consumer, industrial, transport and logistics, support services and telecommunications.

“Our unique, repetitive Value Creation model is allowing portfolio companies to deliver excellent results, outperforming the markets in which they are operating and setting the right foundations for the future,” said Albert Alsina, CEO and Managing Partner of Mediterrania Capital Partners.

Until December 2016, Cumulative EBITDA of MC II´s portfolio companies reached €53 million, up 64% on 2014; Cumulative Revenues came to €340.8 million, a 63% growth rate; and Cumulative Net Income CAGR amounted to €24.5 million, a 42% growth rate, in the same period.

“MC III is the natural step forward for Mediterrania Capital Partners. Since 2008, we have witnessed Africa’s steady evolution, economically and politically, and an increasing number of SMEs with strong growth potential. In fact, the prospects of our third fund look very encouraging, with several solid projects that could benefit from our hands-on Value Creation approach already in the pipeline,” concluded Albert Alsina.

With MC III, Mediterrania Capital Partners aims to continue delivering superior returns to its investors and partners while having a positive impact in the region through sustainable and socially responsible investments.

About Mediterrania Capital Partners

Mediterrania Capital Partners (www.mcapitalp.com) is a dedicated Private Equity firm focusing on growth investments in SMEs and mid-cap companies in Africa. The company started its operations in 2008 under “Fons Mediterrania Capital” and since 2013 is an independent General Partner Structure.
Consistent with its strategy, Mediterrania Capital Partners continues to seek North African and Sub-Saharan-based SMEs with an equity value of €25 million to €400 million. The firm is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA).

Download PDF

For more information, please contact us

Website: www.mcapitalp.com
YouTube channel: www.youtube.com/channel/UCmBxa-EDilIWakYJr1_J6SQ
LinkedIn: www.linkedin.com/company/mediterrania-capital-partners

Close

Mediterrania Capital Partners’ Portfolio Companies deliver 64% Cumulative EBITDA growth

8-02-2017. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces that MC II’s portfolio companies delivered 64% Cumulative EBITDA growth since 2014. Until December 2016, while under Mediterrania...

Mediterrania Capital Partners’ Portfolio Companies deliver 64% Cumulative EBITDA growth

8-02-2017. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces that MC II’s portfolio companies delivered 64% Cumulative EBITDA growth since 2014.

Until December 2016, while under Mediterrania Capital´s tenure, the Cumulative EBITDA of MC II´s Portfolio Companies reached €53 million, up 64% since 2014. In addition, Cumulative Revenues reached €340.8 million – a 63% growth rate – and Cumulative Net Income CAGR amounted to €24.5 million – a 42% growth rate – in the same period.

Nowadays 80% of MC II’s funds have been invested through minority participations in the following companies:

  • BS Invest – Leading retail clothing group of companies selling international apparel brands including the French Jennyfer and Celio, and the Spanish Inditex group and Mango. Operates in Tunisia, Morocco and Algeria.
  • Cash Plus – Money transfer company based in Morocco, active in both national and international cash transfer businesses.
  • C.E.C.I. – Moroccan group of companies specialising in truck body manufacture, truck and bus assembly, and spare parts sales. Also operates in Algeria.
  • Cieptal Cars – Algerian company engaged in the long term car rental and transportation businesses.
  • Randa – Leader in Tunisia in wheat collection, transformation and distributions. Exports to countries across Africa.
  • Medtech Group – Leading IT system integrator incorporating solutions from Oracle, Microsoft, NCR, Alcatel-Lucent, Cisco, EMC and IBM. Operates in Morocco, Sub-Saharan Africa and Europe.
  • UPM (Université Privé de Marrakech) – Leading University with 3,200 students in Morocco and expanding across Africa.

“We are extremely pleased with the overall performance of our portfolio companies. The diligent implementation of our Value Creation Model helps companies grow far beyond the markets in which they operate and set the right foundations for the future,” said Albert Alsina, CEO and Managing Partner of Mediterrania Capital Partners

About Mediterrania Capital Partners

Mediterrania Capital Partners (www.mcapitalp.com) is a dedicated Private Equity firm focusing on growth investments in SMEs and mid-cap companies in Africa. The company started its operations in 2008 under “Fons Mediterrania Capital” and since 2013 is an independent General Partner Structure.

With offices in Abidjan, Algiers, Barcelona, Casablanca, Tunis, and Malta, Mediterrania Capital Partners takes an intensely proactive, hands-on approach to implementing its growth strategy by leading the governance of the companies and driving the key internal value creation process. The partners of Mediterrania Capital have extensive experience in managing companies spanning commercial experience,strategy formulation, finance, and operations.

Consistent with its strategy, Mediterrania Capital Partners continues to search for SMEs with an equityvalue of €25 million to €400 million and expansion strategies into North African and Sub-Saharan African markets.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA). Mediterrania Capital II (MC II) is also an MFSA regulated Private Equity Fund.

Download PDF

For more information, please contact us

Website: www.mcapitalp.com
YouTube channel: www.youtube.com/channel/UCmBxa-EDilIWakYJr1_J6SQ
LinkedIn: www.linkedin.com/company/mediterrania-capital-partners

Close

Mediterrania Capital Partners appoints Senior Director for Sub-Saharan Africa

31-01-2017. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces the appointment of Mr Pacôme Zahabi as Senior Director for Sub-Saharan Africa, based in Abidjan. With 20 years...

Mediterrania Capital Partners appoints Senior Director for Sub-Saharan Africa

31-01-2017. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces the appointment of Mr Pacôme Zahabi as Senior Director for Sub-Saharan Africa, based in Abidjan.

With 20 years of professional experience in the finance industry in Africa, Mr Zahabi is responsible for identifying new investment opportunities and driving financial and risk analysis of potential projects. He is also in charge of the legal processes and negotiations related to new investments, for the monitoring of Mediterrania Capital Partners’ portfolio companies in the region as well as for the exit strategies.

“We are delighted with the appointment of Mr Pacôme Zahabi to lead our operations in Sub-Saharan Africa. Mr Zahabi’s strong financial background and deep experience in a wide range of industries and markets are an enormous asset for Mediterrania Capital Partners, and make him the ideal candidate to drive our expansion plans in the region”, said Albert Alsina, CEO and Managing Partner of Mediterrania Capital Partners.

Prior to joining Mediterrania Capital Partners, Mr Zahabi collaborated with La TULIPE Group, an Independent Advisory and Investment Banking Firm which offers financial services to Private and Corporate Sector Organisations, Institutional Investors, Family Offices, and Governments. Mr Zahabi also worked at NSIA Participants, SA, where he was Group Head Investments, and spent three years at UBA Group in different positions related to Credit Analysis, Global Investor and Securities Services, and Business Development. Mr Zahabi also worked at the Central Depository & Settlement Bank (DC/BR) as Head Operations and Business Development for Ivory Coast and West Africa; and at the Bourse Régionale des Valeurs Mobilères (BRVM) for Ivory Coast and West Africa, as CFO.

Mr Zahabi is a graduate from ESLSCA, Paris, France; and holds a Master’s Degree in Audit and Consulting from ESCP-AP from Paris, France. He speaks English, French and Spanish.

About Mediterrania Capital Partners

Mediterrania Capital Partners (www.mcapitalp.com) is a dedicated Private Equity firm focusing on growth investments in SMEs and mid-cap companies in Africa. The company started its operations in 2008 under “Fons Mediterrania Capital” and since 2013 is an independent General Partner Structure.

With offices in Abidjan, Algiers, Barcelona, Casablanca, Tunis, and Malta, Mediterrania Capital Partners takes an intensely proactive, hands-on approach to implementing its growth strategy by leading the governance of the companies and driving the key internal value creation process. The partners of Mediterrania Capital have extensive experience in managing companies spanning commercial experience, strategy formulation, finance, and operations.

Consistent with its strategy, Mediterrania Capital Partners continues to search for SMEs with an equity value of €25 million to €400 million and expansion strategies into North African and Sub-Saharan African markets.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA). Mediterrania Capital II is also an MFSA regulated Private Equity Fund.

Download PDF

For more information, please contact us

Website: www.mcapitalp.com
YouTube channel: www.youtube.com/channel/UCmBxa-EDilIWakYJr1_J6SQ
LinkedIn: www.linkedin.com/company/mediterrania-capital-partners

Close

Mediterrania Capital Partners invests in UPM, the largest private university in Morocco

12-10-2016. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces the acquisition through its second fund, Mediterrania Capital II, of a stake in Université Privée de Marrakech (UPM)...

Mediterrania Capital Partners invests in UPM, the largest private university in Morocco

12-10-2016. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces the acquisition through its second fund, Mediterrania Capital II, of a stake in Université Privée de Marrakech (UPM) to support its development plan, under execution since Development Partners International (“DPI”) entered the capital of UPM in March 2014.

Launched in 2005 by Mr. Mohamed Kabbadj, UPM is today one of the leading private universities in Morocco. It operates through UPM Pédagogique on a 32-hectare campus with a capacity for over 6,000 students, UPM Executive on two campuses based in Marrakech and Agadir, and UPM International, which owns UPM Senegal and SCIMD College of Medicine in Senegal and is currently evaluating its expansion into other African countries.

Altogether, UPM offers more than 60 MBAs, Masters and PhDs in French and English from BAC+3 to BAC+9 covering most fields of study proposed at the higher education level including Management & Governance, Engineering & Innovation, Health Sciences, Tourism & Hotel Management, Digital Marketing, Sport, and Art, Culture, Media & Audio-visual programmes.

Besides offering study programmes, the university also manages a Research Centre and an R&D division led by professors with advanced knowledge in their respective fields, contributing to the development of new educational contents and approaches.

Over the years, UPM has built up a strong network of academic and corporate partners and hosts several campuses of European leading universities, enabling it to offer international academic exchanges and internships to its students.

In Morocco and across the North Africa region, the sizeable school-age population, the expansion of the middle class coupled with greater household expenditure levels, and the increased desire for higher quality schools among parents mean that consumer spending on education is growing every year and shows very strong prospects.

Mr. Daniel Viñas, the Partner in charge of the transaction on behalf of Mediterrania Capital, declared: “The recent demographic transition and urbanisation of the population together with various government plans has helped create a favourable environment for an improved education system in Morocco. We believe it is the right time for Mediterrania Capital to enter the education market, and UPM, with its highly reputed programmes and faculty members and modern facilities, is the ideal partner to do so successfully. We are proud to have the opportunity to support UPM’s committed shareholders in deploying their ambitious development plans.”

Mr. Sofiane Lahmar, Partner at DPI, declared: “We strongly believe in the growth story of the higher education sector in Africa and are very optimistic about UPM’s prospects in Morocco and West Africa. We look forward to continuing our active involvement and strong partnership with Mr. Kabbadj and UPM’s management to execute on the ambitious expansion plans and welcome Mediterrania Capital Partners to our partnership and shareholder base.”

With this additional investment, Mediterrania Capital II, led by Mr. Albert Alsina, continues to expand into new sectors. UPM is the seventh investment in the Maghreb region, after investments in retail clothing (BS Invest), money transfer services (Cash Plus), truck manufacturing (C.E.C.I.), car rental services (Cieptal Cars), pasta production and distribution (Randa), and Information & Communication Technologies (Medtech Group).

 

About Mediterrania Capital Partners

Mediterrania Capital Partners (www.mcapitalp.com) is a dedicated Private Equity firm focusing on Africa and mainly North African growth investments in SMEs and mid-cap companies. The company started its operations in 2008 under “Fons Mediterrania Capital” and since 2013 is an independent General Partner Structure.

With offices in Barcelona, Abidjan, Casablanca, Tunis, Algiers and Malta, Mediterrania Capital Partners takes an intensely proactive, hands-on approach to implementing its growth strategy by leading the governance of the companies and driving the key internal value creation process. The partners of Mediterrania Capital have extensive experience in managing companies spanning commercial experience, strategy formulation, finance, and operations.

Consistent with its strategy, Mediterrania Capital Partners continues to search for SMEs with an equity value of €25 million to €400 million and expansion strategies into North African and Sub-Saharan African markets.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA). Mediterrania Capital II is also an MFSA regulated Private Equity Fund.

Download PDF

For more information, please contact us

Website: www.mcapitalp.com
YouTube channel: www.youtube.com/channel/UCmBxa-EDilIWakYJr1_J6SQ
LinkedIn: www.linkedin.com/company/mediterrania-capital-partners

Close

Mediterrania Capital Partners wins prestigious Private Equity Africa Award

13-06-2016. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, is pleased to announce that it has won “Portfolio Company of the Year” at the Private Equity Africa Awards...

Mediterrania Capital Partners wins prestigious Private Equity Africa Award

13-06-2016. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, is pleased to announce that it has won “Portfolio Company of the Year” at the Private Equity Africa Awards 2016 (PEA Awards) for Cash Plus, a money transfer company based in Morocco.

Cash Plus is the largest independent money transfer company in Morocco which specialises in national and international money transfers, prepaid credit cards and bill payments. The company operates through 1000+ point-of-sales across the country. In July 2014 Mediterrania Capital Partners acquired a 47% stake of Cash Plus through its second fund, Mediterrania Capital II.

Albert Alsina, CEO and Managing Partner at Mediterrania Capital Partners, said: “Winning this prestigious award is a great motivation for our team who is working tirelessly towards Mediterrania Capital’s goal of generating superior returns for our investors while also having a significant social and economic impact in the region. This award proves that the diligent implementation of our unique Value Creation strategy delivers great results.”

The PEA Awards celebrate the achievements in the industry, focusing solely on the best-in-class achievements of investors and advisors. The awards were presented at the 5th Annual Private Equity Awards Gala Dinner on 9th June, hosted at London’s prestigious Langham Hotel.

The final winners were chosen by an independent panel of highly respected industry participants with representation from Adams Street Partners, HarbourVest Partners, Kusuntu, CDC, Hamilton Lane, SAVCA, Sarona Asset Management, Aon Hewitt and AFIC Africa.

The 2016 Awards attracted over 80 self-entries, complemented by recommendations from the PEA editorial team and supported by industry data. The Awards nominee list was then compiled in partnership with the London Business School Private Equity Institute.

Gail Mwamba, the Awards Chair and Editor of Private Equity Africa, said: “As the dynamic private equity market in Africa continues to go from strength to strength, this year’s awards have distinguished the innovative investment and advisory work and some of the region’s most transformative deals over the last year. The results that the award winners have achieved in the last year truly demonstrate the immense opportunity in African private equity. Congratulations to Mediterrania Capital Partners and all the winners for this year and we look forward to gathering again next year.”

About Mediterrania Capital Partners

Mediterrania Capital Partners (www.mcapitalp.com) is a dedicated private equity firm focusing on African and mainly North African growth investments in SMEs and mid-cap companies. The company started its operations in 2008 under “Fons Mediterrania Capital” and since 2013 is an independent General Partner Structure. With offices in Barcelona, Casablanca, Tunis, Algiers and Malta, Mediterrania Capital Partners takes an intensely proactive, hands-on approach to implementing its growth strategy by leading the governance of the companies and driving the key internal value creation process.

Mediterrania Capital Partners is a regulated financial investment manager licensed by the Malta Financial Services Authority (MFSA). Mediterrania Capital II is also an MFSA regulated Private Equity Fund.

For more information, please contact us

Website: www.mcapitalp.com
YouTube channel: www.youtube.com/channel/UCmBxa-EDilIWakYJr1_J6SQ
LinkedIn: www.linkedin.com/company/mediterrania-capital-partners

Download PDF

About Private Equity Africa

Private Equity Africa is a London-based news source that focuses exclusively on Africa’s private equity industry, providing news, analysis and research. Our outputs include an online portal,

Close