M&A Deal Summary

Actis Capital Acquires Ikeja City Mall

On January 1, 2009, private equity firm Actis Capital acquired renewable energy company Ikeja City Mall

Acquisition Highlights
  • This is Actis Capital’s 2nd transaction in the Renewable Energy sector.
  • This is Actis Capital’s 6th transaction in Nigeria.

M&A Deal Summary

Date 2009-01-01
Target Ikeja City Mall
Sector Renewable Energy
Buyer(s) Actis Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Ikeja City Mall

Logos, Nigeria
Ikeja City Mall Comprising 22,223m2 of A-grade retail space in Ikeja, ICM is the busiest mall in Nigeria. ICM guarantees ample parking space (over 700 parking bays) for shoppers. The Shopping Centre comprises 100 stores with a desirable mix of retailers trading in renowned quality brands. Ikeja City Mall is based in Logos, Nigeria.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Actis Capital

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 26.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Actis Capital is a private equity firm focused on investments in emerging markets. Actis segments its investment activity into three areas. These include private equity, energy, and real estate. Actis' private equity team looks for buyout and growth capital opportunities requiring at least $50 million in financing. Depending on the situation, Actis will consider both controlling and minority investment situations. Sectors of interest include financial services, consumer and retail, business services, and industrial. Actis' energy group seeks to invest in in a variety of energy and utility projects. Actis' real estate team invests equity capital in office, residential, industrial, hotel and retail projects. Actis Capital was established in 2004 and is based in London, United Kingdom.


DEAL STATS #
Overall 73 of 163
Sector: Renewable Energy M&A 2 of 25
Type: Buyout (LBO, MBO, MBI) M&A Deals 24 of 52
Country: Nigeria M&A 6 of 9
Year: 2009 M&A 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 Umeme

Kampala, Uganda

Umeme is an electricity distribution company that distributes and supplies electricity to customers. Umeme operation involves maintenance and upgrade of electricity distribution infrastructure, electricity retail, and provision of related services. Umeme is based in Kampala, Uganda.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-25 Orezone Resources

Ottawa, Ontario, Canada

Orezone Resources, Inc. is a canadian gold exploration and development company that is focused on the discovery and development of gold deposits in Burkina Faso, West Africa.

Sell -