Adenia Capital IV
Adenia IV seeks to invest growth capital in a variety of sectors including agribusiness, consumer, manufacturing, healthcare, business services and hospitality.
Amount
€ 9,000,000.00
Type of investment
Equity
Development impacts
- Local economic growth
- Private sector consolidation/innovation
Beneficiary locations
Investment field
Investment Companies & Funds
Activity
SME Funds
Adenia Capital (IV) LP is 10-years closed-end generalists Private Equity fund targeting medium sized companies in West Africa and the Indian Ocean region. The fund will acquire majority and controlling stakes in under-managed mid-sized companies and aims to transform them into sustainable and regional leaders. Adenia acts as an "agent of change" in this respect.
Development impacts
-
Local economic growth
Adenia's focus on top-line expansion enables job creation and opens up access to clients and opportunities to suppliers.
-
Private sector consolidation/innovation
SMEs in Sub Saharan Africa are challenged by 3 market failures: firms facing succession, lack of financing available and difficulty in attracting high-caliber management talent. Through Adenia's distinct approach to make control investments in midsized companies, it has the capacity to address these problems.
Made possible through this investment
Africa Biosystems
Kenya
Africa Biosystems Limited (ABL) is a distributor of life sciences and laboratory equipment in East Africa.
Herholdt's
South Africa
Herholdt’s is a South African distributor of low voltage electrical and solar energy products.
Kanu Equipment
Kanu Equipment is a pan-African distributor of earthmoving, mining, agriculture and construction heavy equipment.
Newpack
Madagascar
Newpack is the leader in corrugated cardboard packaging in Madagascar.
Overseas Catering Services - OCS
Côte d'Ivoire, Morocco, Senegal
A leading corporate catering and related services provider in Africa and the Middle East
Proximed
Proximed Ltd is a leading medical solution distributor.
Red Lands Roses
Kenya
Red Lands is a leading grower of premium fresh cut roses in Kenya.
Tumaini / Quick Mart
Kenya
Quick Mart is a grocery supermarket chain.
Eastcastle Infrastructure
Côte d'Ivoire, Democratic Republic of Congo, Nigeria
Telco Towers
View more of our investments in this region
Investment Companies & Funds
AfricInvest SME Fund
10,000,000.00
Algeria, Egypt, Kenya, Morocco, Nigeria
09/12/2024
Equity
Investment Companies & Funds
Renewable Energy Performance Platform 2
15,000,000.00
Cameroon, Democratic Republic of Congo, Lesotho, Madagascar, Malawi, Niger, Nigeria, Sierra Leone, Zambia
06/12/2024
Debt
Investment Companies & Funds
African Rivers Fund IV
10,000,000.00
Angola, Democratic Republic of Congo, Uganda, Zambia
05/12/2024
Equity
