Investment Summary

Convergence Partners Invests In Seacom

On November 14, 2007, private equity firm Convergence Partners invested in communications company Seacom

Investment Highlights
  • This is Convergence Partners’ 1st transaction in the Communications sector.
  • This is Convergence Partners’ 1st transaction in Mauritius.

Investment Summary

Date 2007-11-14
Target Seacom
Sector Communications
Investor(s) Convergence Partners
Deal Type Venture

Target

Seacom

Ebene, Mauritius
Seacom provides a full suite of flexible, scalable, and high-quality communications and cloud solutions that enable the growth of the continent’s economy. Seacom was founded in 2009 and is based in Ebene, .Mauritius.

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Investor(S) 1

DESCRIPTION

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 1 of 12
Sector: Communications M&A 1 of 3
Type: Venture M&A Deals 1 of 5
Country: Mauritius M&A 1 of 1
Year: 2007 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-18 inQuba

Johannesburg, South Africa

inQuba is a customer experience management and customer engagement Saas provider. inQuba’s Software-as-a-Service platform drives customers to desired outcomes using its proprietary event-driven context mapping, single view of the customer, journey management tools, omnichannel engagement, campaigning, and voice-of-the-customer technology. inQuba was founded in 2010 and is based in Johannesburg, South Africa.

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