Investment Summary |
|
|---|---|
| Date | 2020-08-31 |
| Target | Rack Centre |
| Sector | Information Technology |
| Investor(s) |
Convergence Partners
Actis Capital |
| Deal Type | Growth Capital |
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Convergence Partners is an investment group focused on technology, media, and communications opportunities in Africa. The Firm looks to fund initiatives that increase the availability of communications, broadband services and new technology offerings to the people of Africa. Convergence Partners was formed in 2006 and is based in Johannesburg, South Africa.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 10 |
| Sector (Information Technology) | 3 of 3 |
| Type (Growth Capital) | 3 of 3 |
| Country (Nigeria) | 1 of 1 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-23 |
Optasia
Dubai, United Arab Emirates Optasia is a FinTech and data analytics company that works together with over 27 mobile network operators in over 30 countries globally. It currently serves over 650 million people globally and lends more than US$5 million daily to its customers. Optasia was founded in 2012 and is based in Dubai, United Arab Emirates. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-27 |
LifeQ
Alpharetta, Georgia, United States LifeQ is an independent provider of biometrics and health information derived from wearable devices. LifeQ helps people to better understand their own bodies, detect health problems, prevent illness, and live healthier lives. LifeQ was founded in 2014 and is based in Alpharetta, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 24.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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.
| DEAL STATS | # |
|---|---|
| Overall | 138 of 144 |
| Sector (Information Technology) | 5 of 5 |
| Type (Growth Capital) | 53 of 54 |
| Country (Nigeria) | 9 of 9 |
| Year (2020) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-31 |
Empower
Helsinki , Finland Empower is one of the service providers in the electrical, telecom and industrial sectors in Finland, Sweden and the Baltic states. Empower specialises in the design, construction, operation and maintenance of electricity and telecom networks, as well as in installation, operation, maintenance and expert services for power plants and industry. Empower was founded in 1998 and is based in Helsinki, Finland. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-12 |
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 the Western Cape region of South Africa. |
Buy | $140M |
