M&A Deal Summary

Teyliom Acquires Bridge Bank

On July 27, 2022, Teyliom acquired financial services company Bridge Bank from Africinvest

Acquisition Highlights
  • This is Teyliom’s 1st transaction in the Financial Services sector.
  • This is Teyliom’s 1st transaction in South Africa.

M&A Deal Summary
Date 2022-07-27
Target Bridge Bank
Sector Financial Services
Buyer(s) Teyliom
Sellers(s) Africinvest
Deal Type Add-on Acquisition

Target

Bridge Bank

Cote d'Ivoire, South Africa
website
Bridge Bank is a holding company which has a majority equity stake in Bride Bank Cote d’Ivoire , an Ivorian universal Bank and a minority significant equity stake in a bank in Senegal. Bridge Bank is based in Cote d'Ivoire, South Africa.

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Buyer(S) 1

Buyer

Teyliom

Abidjan, South Africa

website

Category Company
Founded 2001
Sector Financial Services
DESCRIPTION

Teyliom is a panafrican Group based in Sub-Saharan Africa with a strong presence in various sectors in West and Central Africa such as Property, Hospitality, Finance, Industry and Telecom. Teyliom was founded in 2001 and is based in Abidjan, West Africa.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (South Africa) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

Africinvest

Tunis, Tunisia

Investor Investor Investor Investor Investor

website

Category Growth Capital Firm
Founded 1994
PE ASSETS 1.9B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Africinvest is a private equity firm focused on growth investments in African companies. The Firm generally targets minority investments in small to medium-sized companies, but Africinvest will consider select majority situations. Africinvest does not have any sector preferences and looks to hold for 4 to 6 years. Africinvest was formed in 1994 and is headquartered in Tunis, Tunisia.

DEAL STATS #
Overall 9 of 11
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 4 of 5
Country (South Africa) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-26 Clayens Group

Genas, France

Clayens Group is focused on processing polymers, composites, and precision metal parts. It collaborates with customers worldwide to provide them with the products and services they need across a wide range of industries: aeronautics, automotive, healthcare, electronics, construction, household goods, sports, and leisure products. Clayens Group operates industrial sites in Germany, Eastern Europe, North Africa, and Mexico, with foreign subsidiaries providing specific services to customers close to their assembly facilities. Its expertise is focused on four main technologies: thermoplastics, thermoset forming, metal engineering, and electronics. The group R&D teams provide innovative technologies, often working in partnerships with our customers and third-party companies on the latest processing and design applications. Clayens Group is based in Genas, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-10 InstaDeep

London, United Kingdom

InstaDeep is an Artificial Intelligence company that makes use of AI to help businesses make complex decisions, better design their products and solve problems that are not easily solved with traditional approaches. InstaDeep was founded in 2014 and is based in London, United Kingdom.

Sell £362M
Mergr

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