Growth Capital • Retail

Development Partners International Invests In Kazyon

On April 27, 2023, private equity firm Development Partners International invested in retailer Kazyon

Investment Context
  • This is Development Partners International’s 3rd transaction in the Retail sector.
  • This is Development Partners International’s 5th transaction in Egypt.

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Investment Summary

Date April 27, 2023
Target Kazyon
Sector Retail
Investor(s) Development Partners International
Deal Type Growth Capital
Advisor(s) Evercore Group
PwC Corporate Finance
Baker Tilly Capital (Financial)
Matouk Bassiouny (Legal)

Target Company

Kazyon

Zamalek, Egypt
Kazyon is a discount supermarket chain, offering affordable groceries and household products through a rapidly growing network of stores. Kazyon was founded in 2014 and is based in Zamalek, Egypt.
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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 21 of 22
Sector: Retail 3 of 3
Type: Growth Capital 10 of 11
Country: Egypt 5 of 5
Year: 2023 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-19 Solevo

Geneva, Switzerland

Solevo is a specialty chemicals distribution platform operating across eight countries in West and Central Africa, delivering critical inputs to high GDP contributing sectors in life sciences and industrials. Solevo offers a one-stop-shop for a range of inputs and chemicals including agriculture, also providing support for over one million small holder farmers, helping them to secure their livelihoods through increased yields and greater crop security, resulting in improved food security and climate resilience across Africa. Solevo was founded in 1918 and is based in Geneva, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-27 Pan African Towers

Lagos, Nigeria

Pan African Towers provides digital infrastructure, offering telecommunications and wireless services including built-to-suit solutions, colocation, distributed antenna systems, buy-lease-back, and other value-added services. Pan African Towers was founded in 2017 and is based in Lagos, Nigeria.

Buy -

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