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Press Releases and Media Alerts

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).

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

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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).

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

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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.

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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

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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.

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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

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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.

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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

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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

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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,

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Mediterrania Capital Partners invests in MedTech Group, the no.1 IT business solutions provider in Morocco

7-06-2016. 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 MedTech Group, Morocco’s leading IT...

Mediterrania Capital Partners invests in MedTech Group, the no.1 IT business solutions provider in Morocco

7-06-2016. 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 MedTech Group, Morocco’s leading IT business system integrator incorporating solutions from corporations such as Oracle, Microsoft, NCR, Alcatel-Lucent, Cisco, EMC and IBM.

With 25 years of experience in the IT industry, nowadays MedTech is operating in the software, hardware and middleware infrastructure, payment solutions, and telecom and network systems sectors in addition to its historical horizontal and vertical Enterprise IT solution integration business. As well as serving clients in Morocco, MedTech also has a strong presence in France, Benelux and Sub-Saharan Africa.

Over the past three years, MedTech has conducted a proactive acquisition strategy, acquiring several companies with the objective of widening its portfolio of added value services. The group recently acquired a significant stake in S2M, the leading electronic money solution provider in Morocco, which is listed on the Casablanca Stock Exchange. Through these acquisitions and its continued focus on R&D, MedTech aims to become a major player in the rapidly growing Fintech industry in Africa.

Mr. Hatim Ben Ahmed, the Partner in charge of the transaction on behalf of Mediterrania Capital, declared: “We are very excited about the potential of MedTech Group. Medtech’s leading position combined with its full offer of integrated IT business solutions, place the group in the ideal position to capture the expected market growth in Morocco and the rest of Africa.”

With this additional investment, the fund Mediterrania Capital II directed by Mr. Albert Alsina, establishes an important diversification of sectors and countries. MedTech Group is the sixth investment of Mediterrania Capital II, after investments in companies in the retail clothing industry (BS Invest), money transfer (Cash Plus), truck manufacturing (C.E.C.I.), car rental (Cieptal Cars), and production and distribution of pasta (Randa) in Morocco, Algeria and Tunisia.

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. 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 growth opportunities in the Maghreb region – Morocco, Algeria, and Tunisia. Mediterrania Capital Partners looks for SMBs with an equity value of €25 million to €400 million and expansion strategies into North Africa 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.

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

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Biopharm, one of Mediterrania Capital’s portfolio companies, enters the Algiers Stock Exchange

31-05-2016. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces that Biopharm, one of Mediterrania Capital I’s portfolio companies, has entered the Algiers Stock Exchange. On 7th April,...

Biopharm, one of Mediterrania Capital’s portfolio companies, enters the Algiers Stock Exchange

31-05-2016. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces that Biopharm, one of Mediterrania Capital I’s portfolio companies, has entered the Algiers Stock Exchange.

On 7th April, Biopharm listed its securities on the Algiers Stock Exchange’s secondary market by offering 20% of its shares. It is the third private company entering this market.

Biopharm, which was founded in 1991, is led by the Algerian entrepreneur Mr. Abdelmajid Kerrar. The company imports, manufactures and distributes pharmaceutical products in Algeria, a country with growing demand and expenditure for health-related products as household incomes increase. With nearly 1,800 employees and revenues of 51 billion DA, Biopharm leads the pharmaceutical market in Algeria. As well as providing access to its products in remote markets by establishing warehouses in rural regions of Algeria, Biopharm also exports a wide range of pharmaceutical products to Mali, Niger, Mauritania, Libya, and Tunisia.

Since 2013, Biopharm is 49% owned by a financial consortium that includes Mediterrania Capital Partners.

Since the arrival of the consortium of investors, Biopharm’s R&D laboratory, the largest in Algeria, has tripled its personnel and obtained the coveted French ANSM quality accreditation. On the other hand, in line with the company’s strong focus on ESG policies, the company has implemented best-in-class water treatment technologies and a robust recycling policy. Furthermore, during this time, Biopharm has created a unit that shares and promotes medical information to ensure Algerian medical staff are up-to-date with the latest trends and solutions.

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.

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

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Mediterrania Capital Partners portfolio companies deliver year-on-year growth of 18% in Sales and 25% in EBITDA

20-05-2016. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces the 2015 results of Mediterrania’s second investment fund, Mediterrania Capital II (MC II), portfolio companies. Up to the...

Mediterrania Capital Partners portfolio companies deliver year-on-year growth of 18% in Sales and 25% in EBITDA

20-05-2016. Mediterrania Capital Partners, the regional Private Equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, announces the 2015 results of Mediterrania’s second investment fund, Mediterrania Capital II (MC II), portfolio companies.

Up to the end of 2015, MC II cumulative portfolio Sales reached €195 million, representing 18% year-on-year growth. Cumulative EBITDA in the same period reached €30 million, representing a 25% year-on-year increase.

MC II closed on target in July 2015 with €120 million of assets under management.

In 2014 and 2015 MC II acquired several stakes in the following companies from a wide range of sectors:

  • Cash plus, a money transfer company based in Morocco, active in both national and international cash transfer businesses
  • C.E.C.I., a leading truck and trailer manufacturer operating in the Moroccan and Algerian markets with a strong expansion focus
  • Randa, a Tunisian company which specialises in wheat collection, transformation and distribution
  • BS Invest, a group of companies that distribute leading apparel brands in Tunisia, Morocco and Algeria
  • Cieptal Cars, the market leader in the long-term car rental business in Algeria

Mr. Albert Alsina, CEO and Managing Partner at Mediterrania Capital Partners, declared: “We are extremely pleased with the performance of MC II portfolio companies in 2015. The diligent implementation of our hands-on value creation model and of the ESG processes coupled with the full involvement of the management teams in bringing their company to the next level are delivering great results.”

Up to the end of 2015, portfolio companies of Mediterrania Capital Partners’ investment funds, MC I and MC II, delivered €1.1 billion in Sales. In total, they employ more than 6,000 people in North and Sub-Saharan Africa.

Consistent with its strategy, Mediterrania Capital Partners continues to search for growth opportunities in the Maghreb region – Morocco, Algeria, and Tunisia. Mediterrania Capital Partners looks for SMBs with an equity value of €25 million to €400 million and expansion strategies into North African and Sub-Saharan African markets.

Background

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. The partners of Mediterrania Capital have extensive experience in managing companies spanning commercial experience, strategy formulation, finance, and operations.

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

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Mediterrania Capital Partners enters the retail clothing business in the Maghreb region

08-04-2016. 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 (“MC II”) and alongside Euromena III (the latest of the Euromena Funds),...

Mediterrania Capital Partners enters the retail clothing business in the Maghreb region

08-04-2016. 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 (“MC II”) and alongside Euromena III (the latest of the Euromena Funds), of a minority stake in BS Invest in Tunisia, CAP Retail in Morocco, and Investex Algérie in Algeria (the “Group”).

Founded in 1997 by Koraich Ben Salem, the Group distributes 11 leading apparel brands including Zara, Bershka, Massimo Duti, Celio, Jennyfer, Mango and LC Waikiki from six major international groups (Inditex, Celio International, Benetton Group, Punta Fa, Etam Development and LC Waikiki Mağazacılık). The Ben Salem Group operates through a network of 76 sales outlets in the key cities of Tunisia, Morocco and Algeria, and employs over 1,400 people across the three countries.

The Group plans to open more than 100 stores in the coming years in shopping malls and downtowns, thus further strengthening its competitive positioning in the market. The two investment firms are working hand in hand with the management to support the expansion strategy of the Group.

Albert Alsina, CEO and Managing Partner at Mediterrania Capital Partners, declared: “We are convinced about the strong potential of the consumer market in the North Africa region and are confident that the Group is ideally positioned to reap its benefits.”

Consistent with its strategy, Mediterrania Capital Partners continues to search for growth opportunities in the Maghreb region – Morocco, Algeria, and Tunisia. Mediterrania Capital Partners looks for SMBs with an equity value of €25 m to €400 m and expansion strategies into North Africa and Sub-Saharan African markets.

Background

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. The partners of Mediterrania Capital have extensive experience in managing companies spanning commercial experience, strategy formulation, finance, and operations.

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

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