NEWS & AWARDS

Press Releases and Media Alerts

Mediterrania Capital Partners invests in Groupe COFINA, the leading meso-finance institution in West and Central Africa

29-03-2018. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on growth investments for SMEs in North African and Sub-Saharan Africa, announces the acquisition of a minority stake in Groupe COFINA, the leading meso-finance institution in West and Central Africa,...

Mediterrania Capital Partners invests in Groupe COFINA, the leading meso-finance institution in West and Central Africa

29-03-2018. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on growth investments for SMEs in North African and Sub-Saharan Africa, announces the acquisition of a minority stake in Groupe COFINA, the leading meso-finance institution in West and Central Africa, through its third fund (MC III).

Along with technical assistance, Mediterrania Capital Partners’ funding will enable Groupe COFINA to raise up to 50 million euros in capital and debt over the next three years.

With the support of Mediterrania Capital Partners, COFINA plans to increase its ability to finance its clients and accelerate its regional growth, with four new operations scheduled for launch in West and Central Africa by 2021. In joining the COFINA financing round, Mediterrania Capital Partners guarantees the group’s consolidation as well as increasing the amount of financing available for entrepreneurs.

With more than 1,000 employees and managing 90,000 clients across its six subsidiaries, COFINA has positioned itself as the “missing middle”, particularly for entrepreneurs and SMEs who have difficulty in obtaining medium- or long-term financing (more than 70% of all businesses in Africa, according to the African Development Bank). Many existing financial institutions have neither sufficient knowledge nor suitable systems for evaluating and monitoring the projects of SMEs, and they compensate for this by demanding highly costly guarantees.

Meso-finance assists entrepreneurs or SMEs whose financing needs have outgrown microfinance institutions but whose entrepreneurial structure is still considered insufficiently formal for traditional commercial banks. Only 6.4% of all SMEs in Sub-Saharan Africa say they have had access to financing, compared with 27% in South-East Asia.

Albert Alsina, Founder and CEO of Mediterrania Capital Partners, said: “We are proud to contribute to the success story of Groupe COFINA. This African group has managed to establish itself in a key business sector and lead the market in five African countries. We expect that the new expansion phase will both increase COFINA’s profitability and position itself as a model for all the other players in the sector.”

Jean-Luc Konan, Founder and CEO of Groupe COFINA, said: “Following our initial expansion phase, the signing of this partnership with Mediterrania Capital Partners marks a new stage in COFINA’s growth within its still-promising market. In Africa, lending to the private sector represents less than 20% of GDP, compared with 30% in South Asia and 40% in Latin America. In spite of their immense potential, the markets in which we operate are very poorly served by traditional banks despite their very many entrepreneurs.”

This transaction marks the first investment of Mediterrania Capital Partners in Côte d’Ivoire and the third investment of MC III.

Hatim Ben Ahmed, Partner at Mediterrania Capital, has been in charge of the transaction.

Financial advisors: BDO / Legal advisors: Dentons / Strategic advisors: Helix.

About Mediterrania Capital Partners
Managed by Albert Alsina, CEO and Founder, Mediterrania Capital Partners is a 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) and the Financial Services Commission (FSC) in Mauritius.

 

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

www.mcapitalp.com
www.linkedin.com/company/mediterrania-capital-partners

Download PDF

Close

Mediterrania Capital Partners invests in CAIRO SCAN, the leading private provider of medical imaging services and diagnostics in Egypt

31-01-2018. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on growth investments for SMEs in North African and Sub-Saharan Africa, announces the acquisition of a stake in Cairo Scan Radiology and Labs S.A.E. (“CAIRO SCAN”), the leading private provider...

Mediterrania Capital Partners invests in CAIRO SCAN, the leading private provider of medical imaging services and diagnostics in Egypt

31-01-2018. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on growth investments for SMEs in North African and Sub-Saharan Africa, announces the acquisition of a stake in Cairo Scan Radiology and Labs S.A.E. (“CAIRO SCAN”), the leading private provider of medical imaging services and diagnostics in Egypt, through its third fund (MC III).

Established in 1983 by the Abd El-Wahab and El-Gabaly families, CAIRO SCAN operates as a specialised, fully integrated diagnostic and interventional imaging and medical laboratory services institution providing high-quality imaging, analytical and related services in Egypt. Through its 16 centres in Cairo and Giza, the group offers first-class medical expertise aided by the most up-to-date equipment and complemented by an exceptional level of service. Today CAIRO SCAN and its subsidiaries employ around 750 doctors and employees on a full- or part-time basis.

Mediterrania Capital Partners investment is aimed at supporting the group’s development plans, including the expansion of CAIRO SCAN’s branch network and the construction of a state-of-the-art flagship branch that will provide improved access to a signification portion of the population in Egypt.

Commenting on the transaction, Professor Hatem El-Gabaly, CAIRO SCAN’s Co-founder and Managing Director, added: “The management of CAIRO SCAN welcomes Mediterrania Capital Partners investment and partnership. This transaction enables the group to grow and better serve the Egyptian population in the coming years and be in a better position to capture growing demand and to provide the most up-to-date, high-tech medical diagnostics. With this partnership, we are looking to strengthen our position as the first radiology group established in the market 34 years ago and the largest in terms of size and patient throughput. Mediterrania Capital Partners’ team bring a solid knowledge of the market and a strong focus on execution. Their deep understanding and embrace of our core values makes them the ideal partner to help us consolidate CAIRO SCAN’s market position and achieve the group’s ambitious development plans.”

Khaled Saba, Senior Country Advisor for Egypt, Mediterrania Capital Partner, said: “The increasing awareness of the need for preventive diagnosis, combined with a focus on healthcare and hygiene and new technologies offering highly targeted treatments are the key growth drivers of the market in Egypt, which continues to increase in double digits. CAIRO SCAN has all the elements in place to achieve the increased market demand while continuing to offer the highest quality radiology and lab services in Egypt.”

The transaction lawyer for Mediterrania Capital Partners was Zaki Hashem & Partners Law Firm. Financial due diligence provided by EY.

This transaction marks the first investment of Mediterrania Capital Partners in Egypt.

About Mediterrania Capital Partners
Managed by Albert Alsina, CEO and Founder, Mediterrania Capital Partners is a 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) and the Financial Services Commission (FSC) in Mauritius.

 

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

www.mcapitalp.com
www.linkedin.com/company/mediterrania-capital-partners

Download PDF

Close

Mediterrania Capital Partners supports KMR in building the largest private higher education platform in Morocco and French-speaking Africa

16-01-2018. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on growth investments for SMEs in North Africa and Sub-Saharan Africa, in conjunction with its investment partner DPI announce the acquisition of Université Internationale de Casablanca (UIC) by KMR Holding Pédagogique,...

Mediterrania Capital Partners supports KMR in building the largest private higher education platform in Morocco and French-speaking Africa

16-01-2018. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on growth investments for SMEs in North Africa and Sub-Saharan Africa, in conjunction with its investment partner DPI announce the acquisition of Université Internationale de Casablanca (UIC) by KMR Holding Pédagogique, subject to regulatory approvals.

Founded in 2010, Université Internationale de Casablanca (UIC) was created by Laureate Education, Inc., the world’s largest global network of higher education institutions, to meet the fast-growing need for higher education in Morocco. During that time, UIC became the first multidisciplinary private university in Morocco and won the accreditation of the Moroccan Ministry of Education.

KMR Holding Pédagogique, which owns UPM (Université Privée de Marrakech), is managed by a team led by the company’s founder and CEO Mr Mohamed Kabbadj. The group is supported by DPI since 2014 and by Mediterrania Capital Partners since the second half of 2016. The acquisition of UIC is part of KMR’s mission to deliver affordable, quality higher education and strong employability for its students.

Daniel Viñas, Partner at Mediterrania Capital Partners, said: “Nowadays Africa has a shortage of quality education centres at all levels (from pre-school to master’s and postgraduate education, through primary to higher education) and the demand in the continent continues to grow. We are delighted to continue supporting KMR in their expansion objectives with new investment for the acquisition of UIC. This university is highly complementary to UPM’s current offer in Morocco and will allow the group to become the leader in the private higher education sector not only in Morocco but also in French-speaking Africa.”

Following the acquisition, KMR now serves over 7,500 students across four state-of-the-art campuses in Casablanca, Marrakech and Dakar, with seven fields of expertise tailored to both country and employer needs, in medicine & health sciences, engineering, business & management, hospitality, art & culture, sport and executive programs.

The expanded KMR platform offers African students international exposure through a network of over 240 reputable universities and higher education institutions globally, and degrees with multi-campus curriculums including courses in North and sub-Saharan Africa and Europe. It has exemplary employability rates (80% within three months of graduation and 100% within six months) and state diploma equivalent qualifications.

KMR CEO Mr Mohamed Kabbadj said: “We are delighted to continue our growth trajectory and welcome UIC and their students to the KMR group. When we first entered into the partnership with our partners, our ambition was to grow our student base to 5,000, develop new degree programmes and expand our presence into Africa. Our investors have been instrumental in helping us exceed these goals in less than four years and we are excited about the continuation of this journey and the prospect of reaching 10,000 students.”

About Mediterrania Capital Partners
Managed by Albert Alsina, CEO and Founder, Mediterrania Capital Partners is a Private Equity firm focusing on growth investments in SMEs and mid-cap companies in Africa.

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) and the Financial Services Commission (FSC) in Mauritius.

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

www.mcapitalp.com
www.linkedin.com/company/mediterrania-capital-partners

Download PDF

Close

Mediterrania Capital Partners leads an investors’ consortium investing €55 million in TGCC, the biggest construction company in Morocco

15-01-2018. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on growth investments for SMEs in North African and Sub-Saharan Africa, announces the acquisition through its third fund (MC III) alongside DEG, Proparco and South Suez, of a stake in “Travaux...

Mediterrania Capital Partners leads an investors’ consortium investing €55 million in TGCC, the biggest construction company in Morocco

15-01-2018. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on growth investments for SMEs in North African and Sub-Saharan Africa, announces the acquisition through its third fund (MC III) alongside DEG, Proparco and South Suez, of a stake in “Travaux Généraux de Construction de Casablanca (TGCC)”, the leading general contractor specialising in construction and public works in Morocco and Sub-Saharan Africa.

Founded in 1991 by Mr Mohammed Bouzoubaa, TGCC operates in both Morocco and Sub-Saharan Africa through its subsidiaries in Gabon and Côte d’Ivoire. With over 25 years of existence, TGCC has grown to become the national leader in the construction industry in Morocco accounting for large projects that span several activity sectors such as Residential, Hospitality, Commercial, Industrial, Administrative and Infrastructure. The company employs around 8,250 people.

The investment is aimed at supporting the company´s expansion plans based on the growth trends in the construction sector in Morocco and Sub-Saharan Africa which are set to continue thanks to a strong demand for residential and non-residential buildings coupled with increased government spending on infrastructures and energy.

Commenting on the transaction, Hatim BEN AHMED, Partner at Mediterrania Capital, said: “TGCC fully stands for what we consider a company with strong growth potential in a core market such as construction, operating in countries needing mega infrastructures and where private investment is on the rise. It quickly became a clear investment opportunity for us and we are glad to have DEG, Proparco and South Suez joining us in the transaction: clear proof that TGCC is a strong asset with major potential. We look forward to working with the investor’s consortium and Mr Bouzoubaa and his team to take the company to its next level of growth.”

Mohammed Bouzoubaa, Founder and General Manager at TGCC, added: “We are delighted to welcome Mediterrania Capital Partners, DEG, Proparco and South Suez as investors in TGCC. Their outstanding business expertise, operational approach towards value creation and stringent standards on sustainable investments makes this consortium of investors the best partner TGCC could ever have to achieve its business plan for the coming years.”

Mediterrania Capital Partners has been present in Morocco since 2008. This transaction marks the first investment of Mediterrania Capital’s third fund (MC III), which recently reached its first close.

About Mediterrania Capital Partners
Mediterrania Capital Partners is a 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) and the Financial Services Commission (FSC) in Mauritius.

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

www.mcapitalp.com
www.linkedin.com/company/mediterrania-capital-partners

Download PDF

Close

Mediterrania Capital Partners invests in Groupe Scolaire René Descartes reinforcing its presence in the education sector in the Maghreb

10-01-2018. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on growth investments for SMEs in North Africa and Sub-Saharan Africa, announces the acquisition through its second fund (MC II), of a stake in the Groupe Scolaire René Descartes, a private...

Mediterrania Capital Partners invests in Groupe Scolaire René Descartes reinforcing its presence in the education sector in the Maghreb

10-01-2018. Barcelona/Malta. Mediterrania Capital Partners, the private equity firm focused on growth investments for SMEs in North Africa and Sub-Saharan Africa, announces the acquisition through its second fund (MC II), of a stake in the Groupe Scolaire René Descartes, a private educational institution specialised in French and Tunisian programmes based in Tunisia.

Groupe Scolaire René Descartes is officially recognised by the French Ministry of National Education and one of only three independent schools in Tunisia to work in partnership with the Agence de l’Enseignement Français à l’Étranger (AEFE). Owned by Mrs Dhouha Sellaoui and Mrs Hayet Smida, the group has been operating since 1994. Since then, it has established itself as one of the leaders in the private education segment in Tunisia.

The group offers teaching programmes ranging from pre-primary school to high school through two entities located in Ennasr, in the Tunis district:

  • Groupe Scolaire René Descartes (GSRD): Operating since 1994, and with close to 1,600 pupils enrolled for the most recent academic year, GSRD provides French programmes from pre-primary school to high school.
  • Foundation El Habib Bourguiba (FHB): Operating since 2016, FHB provides Tunisian programmes from pre-primary school to college. The school is currently housing 250 pupils for the most recent academic year.

With Mediterrania Capital’s investment, the group plans to increase the capacity of the two establishments in Ennasr and support development of new sites in key locations in Tunisia and Algeria over the next 2-3 years. The team of Mediterrania Capital Partners, in close partnership with the group’s management, will drive the value creation process of the company ensuring best-in-class operating processes while maintaining the excellence in educational programmes and international approach that the Groupe Scolaire René Descartes is renowned for.

Commenting on the transaction, Daniel Viñas, Partner at Mediterrania Capital, said: “After the Arab Spring, the French private system established itself as an alternative education path offering qualitative teaching and reliable diplomas in Tunisia. Demand in the country has been increasing strongly for the past few years and continues to grow. We are very pleased to keep investing in education in North Africa through Groupe Scolaire René Descartes, which is extremely well positioned to address the growing demand for private education in Tunisia.”

Mrs Dhouha Sellaoui, of Groupe Scolaire René Descartes, added: “We are delighted to welcome Mediterrania Capital Partners as an investor in GSRD. We value the team’s deep understanding of the education market in Tunisia and their hands-on approach to implementing the growth strategies of the portfolio companies. We are excited to have Mediterrania Capital on board to help us reach our expansion plans and continue providing high-quality education for a growing number of students in Tunisia.”

Mediterrania Capital Partners has been present in Tunisia since 2009. This transaction marks the 8th investment of Mediterrania Capital’s second fund (MC II) across a number of sectors including education, retail clothing, car rental services, financial services, food and beverages, ICT and general industry.

 

About Mediterrania Capital Partners

Managed by Albert Alsina, CEO and Founder, Mediterrania Capital Partners is a Private Equity firm with focus 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) and the Financial Services Commission (FSC) in Mauritius.

 

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

www.mcapitalp.com
www.linkedin.com/company/mediterrania-capital-partners

Download PDF

Close

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

28-11-2017. 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...

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

28-11-2017. 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

www.mcapitalp.com
www.linkedin.com/company/mediterrania-capital-partners

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
www.linkedin.com/company/mediterrania-capital-partners

 

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