Growth Capital • Leisure

Africinvest Invests In Azalai Hotels

On January 3, 2017, growth capital firm Africinvest invested in leisure company Azalai Hotels

Investment Context
  • This is Africinvest’s 1st transaction in the Leisure sector.
  • This is Africinvest’s 1st transaction in Mali.

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Investment Summary

Date January 3, 2017
Target Azalai Hotels
Sector Leisure
Investor(s) Africinvest
Deal Type Growth Capital

Target Company

Azalai Hotels

Bamako, Mali
Azalai Hotels is a regional operator in the hospitality sector. The Group is focusing on hotel development and management in West Africa, especially in the 3* and 4* segment. The Company currently operates a chain of 9 downtown capital city hotels (including a hotel in Abidjan) positioned in prime locations targeting primarily business customers as well as leisure travelers. The hotels are managed directly under the Company own brand concept, Azalaï. Azalai Hotels was founded in 1994 and is based in Bamako, Mali.
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Investor Overview 1

Investor

Africinvest

Tunis, Tunisia

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1994
PE ASSETS 2.0B 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 Context for Investor #
Overall 16 of 57
Sector: Leisure 1 of 1
Type: Growth Capital 7 of 20
Country: Mali 1 of 1
Year: 2017 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Vneuron

Tunis, Tunisia

Vneuron is a software company specialized in Risk & Compliance (KYC/AML) and Enterprise Content & Process Management (ECM/BPM) and integrated Digital Experience Platforms (DXP). Vneuron was founded in 2007 and is based in Tunis, Tunisia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-01 Advyteam

Issy-les-Moulineaux, France

Advyteam is a developer of human resources management information systems. Advyteam has an HR consulting activity and has developed a new generation HR solution targeting French and African SMEs and groups. Advyteam was founded in 2011 and is based in Issy-les-Moulineaux, France.

Buy -

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