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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. Malta. 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...

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

28-10-2020. Malta. 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. Casablanca. 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...

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

09-10-2020. Casablanca. 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. Tunis. 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...

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

16-09-2020. Tunis. 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. Malta. 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...

An investors’ consortium led by Mediterrania Capital Partners acquires MetaMed

22-05-2020. Malta. 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. Malta. 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...

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

20-05-2020. Malta. 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. Malta. 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. Malta. 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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Mediterrania Capital Partners appoints Rajaa Berrkia as Director of Sustainability

27-02-2020. Malta. 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 appointment of Rajaa Berrkia as Director of Sustainability. Rajaa Berrkia joined Mediterrania Capital Partners as...

Mediterrania Capital Partners appoints Rajaa Berrkia as Director of Sustainability

27-02-2020. Malta. 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 appointment of Rajaa Berrkia as Director of Sustainability.

Rajaa Berrkia joined Mediterrania Capital Partners as Analyst in 2009. Two years later, she was promoted to Associate where she handled financial modelling, initial due diligence for investment opportunities and potential add-on acquisitions, as well as assisting with the management and monitoring of portfolio companies, sourcing deals and structuring processes. In 2016, Rajaa became Operations Director, assuming responsibility for operational and financial reporting, oversight of accounting and regulatory compliance and reporting of funds under management and portfolio companies.

As Director of Sustainability, Rajaa will be coordinating, implementing and providing strategic supervision of Mediterrania Capital Partners’ impact investing process and research. She will focus on the environmental and social performance of Mediterrania Capital Partners’ investments to build companies that are more resilient, more innovative, more environmentally friendly and better able to deliver societal benefits.

Rajaa Berrkia, Director of Sustainability, said: “Since Mediterrania Capital began operations, we have focused on environmental issues, social responsibility and governance factors, and have realised that you don’t need to sacrifice financial returns to build ESG-compliant companies. Developing practical alternatives that have a direct and measurable impact on the African communities and economies is not only possible but becoming crucial in today’s world.”

Private Equity firms around the world are increasingly interested in defining and implementing business strategies intended to have a positive impact on investee countries. This trend is especially strong in emerging markets such as Africa, where Mediterrania Capital Partners has been present since 2008. These emerging markets have considerable – and growing – needs for high-level education, quality healthcare, low-cost financial services, modern infrastructures and much more. This demand creates compelling business opportunities, and PE firms with an ESG-specific investment strategy can have a huge impact.

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Mediterrania Capital Partners’ portfolio EBITDA grows 25% YOY

24-02-2020. Malta. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces that its portfolio companies managed by MC II and MC III funds achieved 25% EBITDA year-on-year...

Mediterrania Capital Partners’ portfolio EBITDA grows 25% YOY

24-02-2020. Malta. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces that its portfolio companies managed by MC II and MC III funds achieved 25% EBITDA year-on-year growth up to the end of 2019, reaching over €1 billion in aggregated annual revenues.

Operating since 2015, MC II holds stakes in the following companies:

– Cash Plus: operating through almost 1,900 points-of-sale, Cash Plus is the leading company in Morocco offering quick and efficient solutions for money transfers.

  • – C.E.C.I.: Moroccan group of companies specialising in truck body manufacture, truck and bus assembly and spare parts sales.

– Cieptal Cars: Algerian leader in long-term car rental services. The company also covers other segments such as car transportation, drivers’ services and car maintenance services.

– Groupe Scolaire René Descartes: private educational institution specialising in providing French and Tunisian programmes based in Tunisia. GSRD received the officially recognition by the French Ministry of National Education and is a partner of the Agency for French Education Abroad (AEFE).

– Indigo Company: distributor of 12 leading apparel brands from major retail corporations, including French Jennyfer and Spanish Inditex and Mango. The group currently operates 112 stores covering approximately 50,000 sqm of total sales area and has more than 2,200 employees, 41% of whom are female.

– Medtech Group: Morocco’s leading IT system integrator incorporating solutions from Oracle, Microsoft, NCR, Alcatel-Lucent, Cisco, EMC and IBM.

– Randa: leader in Tunisia in pasta manufacturing and distribution.

– Université Privée de Marrakech (UPM): one of the leading private higher-education providers in Morocco and Senegal offering MBAs, Masters and PhDs in French and English to more than 8,000 students.

Launched in 2017, MC III has invested in the following companies:

– Akdital Holding: the largest private clinic in Morocco owning five clinics located in greater Casablanca with a total of 550 beds.

– Aziza: the fastest growing supermarket chain in Tunisia. With more than 2,300 employees, the company operates 250 shops and holds a total 70,000 sqm of sales area.

– Cairo Scan: leading private provider of medical imaging services and diagnostics in Egypt that operates though 19 centers in Cairo and Giza.

– Groupe Cofina: leading meso-finance institution in West and Central Africa with operations in Senegal, Côte d’Ivoire, Guinea Conakry, Gabon, Mali and Congo Brazzaville. The company manages more than 135,000 clients and employs 1,000 people.

– TGCC: Travaux Généraux de Construction de Casablanca (TGCC) is the leading general contractor specialising in construction and public works in Morocco and Sub-Saharan Africa.

Albert Alsina, Mediterrania Capital Partners’ Founder and CEO, said: “We are extremely pleased with the 2019 performance of our portfolio. Thanks to the right implementation of our value creation model, we continue to help MC II and MC III’s companies develop and expand their business in a sustainable and socially responsible manner, building the required foundations for long-term growth.”

Besides the purely financial aspect, Mediterrania Capital Partners is focusing on the ESG impact that its funds and portfolio companies are having on the communities and economies of African countries. In that sense, Mediterrania Capital Partners has incorporated ESG issues into its investment analysis, decision-making processes and overall management of its funds and portfolio.

Every year, Mediterrania reports its progress against the UN’s SDG goals – annual reports can be downloaded from www.mcapitalp.com.

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Mediterrania Capital Partners is granted the EU’s AIFM Licence by the Malta Financial Services Authority (MFSA)

19-02-2020. Malta. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces that it has been granted an AIFM (Alternative Investment Fund Manager) Licence under the Directive 2011/61/EU...

Mediterrania Capital Partners is granted the EU’s AIFM Licence by the Malta Financial Services Authority (MFSA)

19-02-2020. Malta. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces that it has been granted an AIFM (Alternative Investment Fund Manager) Licence under the Directive 2011/61/EU by the MFSA (Malta Financial Services Authority).

Thanks to its AIFM Licence, Mediterrania Capital Partners is now legally allowed to manage Investment Funds in any country across the European Union. Alongside the EU’s AIFM Licence, Mediterrania Capital Partners has also received a Spanish “Passport” under which it can manage and commercialise its investment funds in Spain.

The Directive 2011/61/EU on Alternative Investment Fund Managers specifies several requirements for Fund Managers applying for a Licence. These requirements are intended to cater for an internal market for AIFMs and provide a harmonised and stringent regulatory and supervisory framework for the activities of all AIFMs within the European Union.

Established in Malta in 2013, Mediterrania Capital Partners has always advocated clear and strong governance within all its group companies, funds and portfolio companies. Since it began operations, the Private Equity firm has conducted its business and investments under strict governance processes that ensure lasting foundations, financial transparency and governance best practices across all its related companies.

Albert Alsina, Mediterrania Capital Partners’ Founder and CEO, said: “We are very pleased to have been granted the EU’s AIFM Licence by the MFSA. Now we can expand Mediterrania Capital’s scope with new investors and continue to support entrepreneurs in Africa, creating value and having a positive impact across the continent through our investments.”

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Mediterrania Capital III invests in Akdital Holding, the biggest private clinic business in Morocco, to support its expansion plans

27-11-2019. Malta/Casablanca. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces its investment in Akdital Holding, which operates five clinics in Greater Casablanca, with the objective of...

Mediterrania Capital III invests in Akdital Holding, the biggest private clinic business in Morocco, to support its expansion plans

27-11-2019. Malta/Casablanca. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces its investment in Akdital Holding, which operates five clinics in Greater Casablanca, with the objective of supporting its expansion plans.

The completion of MC III’s investment in Akdital Holding is pending regulatory approval.

Founded in 2011 by Dr Rochdi Talib, Akdital began operations with the Jerrada Clinic in Casablanca which holds 100 beds. Later, 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. In that period, Akidtal opened two multidisciplinary clinics in Ain Borja and Ain Sebaa, plus one clinic specialising in oncology and another specialising in cardiology. Akdital also owns a structure that receives patients from Sub-Saharan Africa, Southern Europe and the MENA region. Today the group has a total capacity of 550 beds.

In recent years, the healthcare sector in Morocco has been benefiting from a new legal framework; a growing middle class with increased purchasing power and more concerned about health; an ageing population with longer life expectancy; urbanisation trends that see the population concentrated in five urban areas in Morocco where the purchasing power is the highest; and rising medical tourism that looks for skilled and affordable services and top-quality equipment and infrastructures.

Through this investment, Mediterrania Capital Partners will support Akdital in its expansion plans, which seek to fulfil the increased demand driven by positive demographics and improved economic conditions in Morocco.

This is the fifth investment by MC III, joining TGCC (Morocco), Cairo Scan (Egypt), Groupe Cofina (Côte d’Ivoire) and Aziza (Tunisia).

Hatim Ben Ahmed, Mediterrania Capital Partners’ Partner, said: “We are pleased to partner with Akdital Holding and offer our financial, strategic and operational support to sustain the group’s expansion plans. Akdital is an extremely successful company, very well positioned to fulfil the increasing demand for private medical services in Morocco. We are confident that this partnership will help improve Akdital’s foundations and consolidate its leadership while making top-quality healthcare services more accessible to a larger portion of the Moroccan population.”

Dr Rochdi Talib, Akdital Holding’s Founder and CEO, added: “The team of Mediterrania Capital quickly understood our work dynamics and business objectives and showed a solid knowledge of the healthcare sector and the market trends. Their strategic vision and hands-on, practical approach made them the perfect partner for us. We are very excited to have Mediterrania Capital on board as we continue our expansion in Morocco.”

Financial advisors for this transaction: The healthcare specialist Innova Santé, BMCE Capital Conseil, OMNIPACT and Le Centre d’Etude, de Gestion et d’Organisation.

Legal advisors for this transaction: ASAFO & Co and ALLEN & Overy.

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