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  5. Actis Capital Acquires Octotel

M&A Deal Summary

Actis Capital Acquires Octotel

On October 12, 2020, private equity firm Actis Capital acquired communications company Octotel for 140M USD

Acquisition Highlights
  • This is Actis Capital’s 7th transaction in the Communications sector.
  • This is Actis Capital’s 10th largest (disclosed) transaction.
  • This is Actis Capital’s 16th transaction in South Africa.
Investment Fate
  • Octotel was sold to a consortium of financial buyers in 2024.

M&A Deal Summary
Date 2020-10-12
Target Octotel
Sector Communications
Buyer(s) Actis Capital
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 140M USD

Target

Octotel

Cape Town, South Africa
Octotel is a fibre network operator focused on both Fibre To The Home (FTTH) and Business (FTTB). Octotel was founded in 2016 and is based in Cape Town, South Africa.

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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 143 of 163
Sector: Communications M&A 7 of 9
Type: Buyout (LBO, MBO, MBI) M&A Deals 44 of 52
Country: South Africa M&A 16 of 17
Year: 2020 M&A 3 of 3
Size (of disclosed) 10 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-31 Rack Centre

Ikeja, Nigeria

Rack Centre is a carrier-neutral Tier III Constructed Facility Certified data center in Africa and focuses solely on providing data center colocation services and unrestricted interconnection between carriers and customers. Rack Centre was founded in 2012 and is based in Ikeja, Nigeria.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-20 Zuma Energia

Mexico City, Mexico

Zuma Energia is a energy company that develops, constructs and operates wind, solar and thermal generation projects in Mexico. Zuma Energia is based in Mexico City.

Sell -
Mergr

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