Growth Capital • Retail

Development Partners International Invests In B.TECH

On July 21, 2016, private equity firm Development Partners International invested in retailer B.TECH

Investment Context
  • This is Development Partners International’s 2nd transaction in the Retail sector.
  • This is Development Partners International’s 1st transaction in Egypt.
Investment Fate
  • B.TECH was sold to a strategic buyer in 2022.

Explore All 277 Growth Capital Retail Deals - Search the Database Free


Investment Summary

Date July 21, 2016
Target B.TECH
Sector Retail
Investor(s) Development Partners International
Deal Type Growth Capital

Target Company

B.TECH

Cairo, Egypt
B.TECH is an integrated omnichannel retailing and consumer finance platform in Egypt, selling consumer electronics and household appliances. In addition, the company provides unique financing solutions for its customers, led by the "MiniCash" service that has significantly contributed to its number one position in the market and unrivalled popularity among Egyptians. B.TECH was founded in 1997 and is based in Cairo, Egypt.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Investor Overview 1

Investor
DESCRIPTION

Development Partners International is a private equity group focused on investment opportunities across Africa. The Firm targets companies that benefit from the fast-growing emergence of the middle-class. Sectors of interest include communications, financial services, retail, education, and Consumer durables. Development Partners International was established in 2007 and is headquartered in London, United Kingdom.


Deal Context for Investor #
Overall 8 of 22
Sector: Retail 2 of 3
Type: Growth Capital 3 of 11
Country: Egypt 1 of 5
Year: 2016 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 General Emballage

Bejaia, Algeria

General Emballage is a cardboard manufacturer and processor with a diversified client base of over 1,000 companies, serving international brands such as Henkel, Coca-Cola, and Heineken, as well as local businesses across the food processing, pharmaceutical, cosmetics, household appliances, and electronics sectors. General Emballage was founded in 1998 and is based in Bejaia, Algeria.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-01 EGIC

Cairo, Egypt

EGIC is a provider of water pipes and drainage solutions. Its products are marketed under the brands Bänninger, SmartHome, and Kessel. EGIC was founded in 1991 and is based in Cairo, Egypt.

Buy -

Explore Related M&A Activity