NEWS & AWARDS

Press Releases and Media Alerts

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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Mediterrania Capital Partners invests in CIEPTAL CARS, the leader in long-term car rental in Algeria

04-04-2016. Mediterrania Capital Partners, the regional private equity firm focusing on growth investments for SMEs in North Africa and Sub-Saharan countries, announces the acquisition of a 43% stake in Cieptal Cars through its second fund Mediterrania Capital II (“MC II”). Founded in 2006, Cieptal...

Mediterrania Capital Partners invests in CIEPTAL CARS, the leader in long-term car rental in Algeria

04-04-2016. Mediterrania Capital Partners, the regional private equity firm focusing on growth investments for SMEs in North Africa and Sub-Saharan countries, announces the acquisition of a 43% stake in Cieptal Cars through its second fund Mediterrania Capital II (“MC II”).

Founded in 2006, Cieptal Cars is a privately-owned company that specializes in the long-term car rental business. The company is the current market leader in Algeria. It owns a large, young fleet of 761 cars and operates as a business-to-business player. Customers are corporate clients mainly from the Oil & Gas sector.

As well as offering long-term car rental services, Cieptal Cars covers other segments such as car transportation, drivers’ services, and car maintenance services. Cieptal Cars operates through two sites, one in Algiers that covers its full service offering, and the other, in Hassi Messaoud, fully dedicated to its long-term car rental activity.

“The company strategy seeks to increase and diversify our client portfolio in Algeria while identifying new opportunities abroad,” declared Mr. Rachid Benlakehal, Cieptal Cars’ founder. “The team of Mediterrania Capital Partners is bringing solid support to our future plans, considering the firm’s extensive business knowledge and experience in the region.”

The car rental market in Algeria is highly fragmented. Cieptal Cars is the company with the largest car fleet in the country in the long-term rental for large corporates segment. The other players in the market are small or focused on business-to-customer short-term rentals.
Mr. Daniel Viñas, Partner of Mediterrania Capital Partners, declared: “Cieptal Cars is extremely well positioned to continue its growth in Algeria and expand across the region. We are very excited with this new investment and are looking forward to helping accelerate the company’s expansion.”

Mediterrania Capital Partners investment will allow Cieptal Cars to increase its car and truck fleet in order to pursue the company’s expansion plans and leverage its competitive advantage.

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 a 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 fully exits CEPRO

14-01-2016. Mediterrania Capital Partners, the regional Private Equity firm focusing in growth investments for SMEs in North Africa and Sub-Saharan countries, announces a full exit of CEPRO (“Cellulose Processing”), a manufacturer and distributor of baby diapers and feminine sanitary pads...

Mediterrania Capital Partners fully exits CEPRO

14-01-2016. Mediterrania Capital Partners, the regional Private Equity firm focusing in growth investments for SMEs in North Africa and Sub-Saharan countries, announces a full exit of CEPRO (“Cellulose Processing”), a manufacturer and distributor of baby diapers and feminine sanitary pads in Algeria, selling its stake to The Abraaj Group.

In early 2009, Mediterrania Capital Partners acquired a significant minority stake of Cepro through its first fund for North Africa, Fons Mediterrania Capital (MC I) which closed at €63 million in June 2008.

During Mediterrania Capital Partners’ holding period, Cepro has grown its annual revenue by 580% to €58 million, as of December 2015, from €10 million recorded in 2009. The company’s annual sales of baby diapers increased by 400% during the same period – to 600 million diapers sold in 2015.

Earnings before interest, taxes, depreciation, and amortization (Ebitda) had a compound annual growth rate of over 50% between 2009 and 2015.

Additionally, during the period, Cepro tripled its factory size from 10,000 square meters to 30,000 square meters, and has plans to expand its existing facilities even further in the near future.

“We are extremely pleased with the evolution of the company during the time of our partnership.” said Mr. Albert Alsina, CEO and Managing Partner of Mediterrania Capital Partners. “The sale of our stake to The Abraaj Group supports Cepro’s future strategy in terms of product development and geographic expansion”.

Created in 2002, Cepro started diapers production in 2005, and feminine sanitary pads in 2006. The company has six productions lines and employees over 300 people. Djamel Mehri is founder and chairman of the board at Cepro.

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 a 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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Cash Plus, a company participated by Mediterrania Capital Partners, acquires Eurosol and becomes the no. 1 independent money transfer company in Morocco

26-10-2015. Cash Plus, a leading money transfer company in Morocco participated by the Private Equity firm Mediterrania Capital Partners, continues its development with the recent acquisition of Eurosol, a Moroccan company that specializes in national and international money transfers. With...

Cash Plus, a company participated by Mediterrania Capital Partners, acquires Eurosol and becomes the no. 1 independent money transfer company in Morocco

26-10-2015. Cash Plus, a leading money transfer company in Morocco participated by the Private Equity firm Mediterrania Capital Partners, continues its development with the recent acquisition of Eurosol, a Moroccan company that specializes in national and international money transfers.

With the acquisition of Eurosol, Cash Plus has become the second largest money transfer company in Morocco and the largest independent one.

Eurosol holds strong partnerships with global leaders in the industry such as Money Gram, Western Union, and RIA, and accounts for more than 300 point of sales in Morocco. As a result of this acquisition, customers can now access to low-income banking services through more than the 1,000 offices across the country. Cash Plus strategy seeks to leverage on this acquisition to launch new and innovative financial inclusion products within its large network.

Mediterrania Capital Partners, a dedicated Private Equity firm focusing on African and mainly North African growth investments in SMEs and mid cap companies, acquired a 47% stake of Cash Plus in July 2014.
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 joins the Tunisian pasta leader to help accelerate its international expansion

13-10-2015. Mediterrania Capital Partners, the regional Private Equity firm focusing in growth investments for SMEs in North Africa and Sub-Saharan countries, announces the acquisition of a 23% stake in Société Meunière Tunisienne through its second fund Mediterrania Capital II (“MC...

Mediterrania Capital Partners joins the Tunisian pasta leader to help accelerate its international expansion

13-10-2015. Mediterrania Capital Partners, the regional Private Equity firm focusing in growth investments for SMEs in North Africa and Sub-Saharan countries, announces the acquisition of a 23% stake in Société Meunière Tunisienne through its second fund Mediterrania Capital II (“MC II”).

Mediterrania Capital II has acquired a 23% stake in Société Meunière Tunisienne (SMT), a Tunisian company specialising in wheat collection, transformation and distribution. SMT, with its brand “Randa”, (www.randa.com.tn), is the clear national leader in the pasta segment.

“We want to establish the brand locally while continuing with our international expansion.” declared Mr. Mohsen Hachicha, SMT’s founder. “Mediterrania Capital investment and the team’s strong business experience will help the group consolidate Randa’s leadership position in Tunisia and grow into a regional leader in the coming years”.

Driven by a constant concern for quality, Randa has revolutionised the pasta market, in Tunisia and in Africa, through the introduction of new techniques at the forefront of new technologies. With close to 660 employees working in a modern production facility in the industrial area of Ben Arous (Tunisia), Randa delivers an annual production of over 50,000 tons of pasta and couscous. All stages of production are under strict quality controls, from the careful selection of raw materials to the manufacturing of the finished product, until the ordering process.

With the capital injection from Mediterrania Capital Partners, Randa will continue to focus on new product development in order to meet increasing customer demand, and will put the right elements in place in order to accelerate its international expansion.

“Randa is a clear leader in the agro-industry in Tunisia with high growth potential both in the local markets and abroad.” said Mr. Albert Alsina, CEO and Managing Partner of Mediterrania Capital Partners. “What first attracted us was Randa’s great capability to mix a purely traditional know-how with the latest technological innovations. We are extremely pleased with this new investment and very excited to help accelerate the company’s expansion into the region.”

Consistent with its strategy, Mediterrania Capital Partners continues to search for growth opportunities in the Maghreb region – Morocco, Algeria and Tunisia, with potential expansion into Africa Sub-Saharan countries. Mediterrania Capital Partners looks for SMBs with an equity value of €25 m to €400 m and with 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 was awarded “Best Africa Focused Investment Manager” at the 2015 Wealth & Finance Alternative Investment Awards. The firm was awarded for its innovative approach to investment opportunities in the region of Africa
(www.wealthandfinance-intl.com/alternative-investment-awards).

Mediterrania Capital Partners is a regulated financial investment manager, licensed by the Malta Financial Services Authority (MFSA). Mediterrania Capital II is also a MFSA regulated Private Equity Fund. Cuatrecasas (www.cuatrecasas.com) is acting as legal adviser.

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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