Venture • Metals/Mining

InReturn Capital Invests In Vipingo Stone Mining

On October 1, 2010, InReturn Capital invested in metals/mining company Vipingo Stone Mining

Investment Context
  • This is InReturn Capital’s 1st transaction in the Metals/Mining sector.
  • This is InReturn Capital’s 1st transaction in Kenya.

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Investment Summary

Date October 1, 2010
Target Vipingo Stone Mining
Sector Metals/Mining
Investor(s) InReturn Capital
Deal Type Venture

Target Company

Vipingo Stone Mining

Kilifi, Kenya
Vipingo Stone Mining Ltd. produces machine-cut coral stones, the most commonly used construction material in this coastal region.
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Investor Overview 1

Investor

InReturn Capital

Nairobi, Kenya

Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

InReturn Capital is an independent private equity group focused on opportunities in East Africa. The Firm looks to invest in small to mid-sized companies with the potential for sustainable growth and profitability. InReturn takes an active role in mentoring portfolio companies and pursues investments with a positive 'social impact' (economic growth + employment). InReturn was formed in 2007 and is managed from offices in Kenya, Tanzania, the Netherlands, and the UK.


Deal Context for Investor #
Overall 1 of 2
Sector: Metals/Mining 1 of 1
Type: Venture 1 of 1
Country: Kenya 1 of 2
Year: 2010 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-03 Hurlingham Eye Care Services

Nairobi, Kenya

Hurlingham Eye Care Services is a medical practice focused on eye consultations, supplying glasses and contact lenses, eye surgeries, and other medical eye treatments. Hurlingham Eye Care Services is based in Nairobi, Kenya.

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