Investment Summary

Exits Somatral

On November 2, 2012, invested in furniture company Somatral from Africinvest

Investment Highlights
  • This is transaction in the Furniture sector.
  • This is transaction in Tunisia.

Investment Summary

Date 2012-11-02
Target Somatral
Sector Furniture
Sellers(s) Africinvest
Deal Type IPO

Target

Somatral

Sousse, Tunisia
website
lian group Permaflex in 1968. It manufactures and distributes mattresses and bedding products and is located in the industrial zone of Sousse. The company holds 40% of the Tunisian spring mattresses market and has expanded its distribution network to the Maghreb Region.

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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 3 of 10
Sector (Furniture) 1 of 1
Type (IPO) 1 of 1
Country (Tunisia) 1 of 1
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-01 UAP Holdings

Nairobi, Kenya

UAP Holdings is one of the composite insurance and financial services companies in East Africa, with headquarters in Nairobi and a network of branches spread across Kenya, Uganda and Southern Sudan.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-20 Amimer Energie

Kouba, Algeria

Amimer Energie engages in production and the distribution of industrial power generators and electrics transformers of different capacities. The company is acting as a challenger in the building of a micro and mini power stations of 2MW to 100 MW using natural gas and/or fuel. Amimer Energie is based in Kouba, Algeria.

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