Investment Summary

Development Partners International Invests In SICAM

On May 21, 2020, private equity firm Development Partners International invested in agriculture company SICAM

Investment Highlights
  • This is Development Partners International’s 1st transaction in the Agriculture sector.
  • This is Development Partners International’s 1st transaction in Tunisia.

Investment Summary

Date 2020-05-21
Target SICAM
Sector Agriculture
Investor(s) Development Partners International
Deal Type Growth Capital

Target

SICAM

Medjez el Bab, Tunisia
SICAM is a producer of canned tomatoes, pepper pastes, and jams, serving the food and agri-industry with quality products. SICAM was founded in 1969 and is based in Medjez el Bab, Tunisia.

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Investor(S) 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 STATS #
Overall 15 of 22
Sector: Agriculture M&A 1 of 1
Type: Growth Capital M&A Deals 6 of 11
Country: Tunisia M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 MNT-Halan

Cairo, Egypt

MNT-Halan is a fintech and ecommerce ecosystem, providing digital financial services, lending, payments, BNPL, and e-commerce solutions to underserved and unbanked populations across Egypt and the wider region. MNT-Halan was founded in 2018 and is based in Cairo, Egypt.

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