Investment Summary

Credit Mutuel Equity Invests In Onomo Hotels

On December 4, 2017, asset manager Credit Mutuel Equity invested in leisure company Onomo Hotels

Investment Highlights
  • This is Credit Mutuel Equity’s 3rd transaction in the Leisure sector.
  • This is Credit Mutuel Equity’s 1st transaction in Morocco.

Investment Summary

Date 2017-12-04
Target Onomo Hotels
Sector Leisure
Investor(s) Credit Mutuel Equity
Deal Type Growth Capital

Target

Onomo Hotels

Casablanca, Morocco
Onomo Hotels is a pan-African hospitality group operating modern, mid-scale hotels across major cities on the continent. The brand focuses on affordable comfort, contemporary design, and local integration to serve business and leisure travelers. Onomo Hotels was founded in 2008 and is based in Casablanca, Morocco.

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Investor(S) 1

Investor
DESCRIPTION

CM-CIC Investissement is a financing and advisory group focused on supporting a variety of small to mid-sized companies operating in Western Europe. The Firm looks to fund businesses at all investment stages including venture, growth, and buyout situations. In addition to providing financing, CM-CIC also offers M&A advisory services. CM-CIC Investissement is based in Paris.


DEAL STATS #
Overall 114 of 188
Sector: Leisure M&A 3 of 5
Type: Growth Capital M&A Deals 29 of 61
Country: Morocco M&A 1 of 1
Year: 2017 M&A 18 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-28 SPUD

Vancouver, British Columbia, Canada

SPUD is a local online organic food delivery company, serving four urban areas in Western Canada. The company delivers local, organic groceries to home and office for free and offers everything from produce to meat (and meat alternatives) to household items and pet supplies. SPUD was formed in 1997 and is based in Vancouver, British Columbia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Aramine

Aix en Provence, France

Aramine is a manufacturer of equipment and a designer of solutions for underground mines. The company is also specialised in the reconditioning of machines. Aramine was founded in 1975 and is based in Aix en Provence, France.

Buy -