Investment Summary |
|
|---|---|
| Date | 2015-09-17 |
| Target | Continental Reinsurance |
| Sector | Insurance |
| Investor(s) | Saham Finances S.A. |
| Sellers(s) | Emerging Capital Partners |
| Deal Type | Stake Purchase |
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SAHAM Finances is an insurance group with operations in 26 countries across North, West and East Africa, and the Middle East. It predominantly writes personal lines general insurance business (exceeding 80% of its portfolio), but is in the process of diversifying this. SAHAM Finances has approximately 61 subsidiaries, a network of 700 branches and a staff complement of more than 3,000 people. SAHAM Finances has a leading market share in many of the markets in which it operates.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector: Insurance M&A | 5 of 6 |
| Type: Stake Purchase M&A Deals | 2 of 2 |
| Country: Nigeria M&A | 2 of 2 |
| Year: 2015 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-04 |
Unitrust Insurance Co.
Lagos, Nigeria Unitrust Insurance Co. Ltd. is an insurance company. UNITRUST provides a range of products over in all areas of Non-life Insurance. Unitrust Insurance Co. Ltd. was established in 1981 and is headquartered in Lagos, Nigeria. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-18 |
Continental Reinsurance
Lagos, Nigeria Continental Reinsurance is a reinsurance company offering both treaty and facultative Life and Non-Life reinsurance, with a well-diversified business mix and customer base. From its Nigerian base, the company has grown a diversified Pan-African portfolio, adding value wherever it goes, and developing enduring partnerships premised on ‘Pan-African Commitment made local’. Continental Reinsurance was formed in 1985 and is based in Lagos, Nigeria. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 3.3B USD |
| Size | Large |
| Type | Sector Agnostic |
Emerging Capital Partners LLC (ECP) is a private equity firm that invests in diversified businesses across the Africa. ECP targets companies with proven operating models and strong market positions. Broad areas of interest include financial services, telecommunications, transport logistics, petrochemicals, natural resources, agribusiness, and utilities. Emerging Capital Partners was formed in 2000 and is based in Washington, DC. The Firm has additional offices in Paris, Abidjan, Casablanca, Douala, Johannesburg, Lagos, and Tunis.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 13 |
| Sector: Insurance M&A | 2 of 2 |
| Type: Stake Purchase M&A Deals | 1 of 1 |
| Country: Nigeria M&A | 2 of 2 |
| Year: 2015 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-15 |
Groupe NSIA
Ivory Coast Groupe NSIA is a provider of banking and insurance products and services to individual and business clients. Groupe NSIA was founded in 1995 and is based in Ivory Coast. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-01 |
Cellcom Telecommunications
Monrovia, Liberia Cellcom is a provider of high quality service in all major urban areas in the respective countries and offers voice and data service, wide geographic coverage, attractive prices and a track record for innovation. Cellcom is a mobile telephone operator in Liberia and Guinea. Since its commercial launch in 2001, Cellcom has become a market leader with over 700,000 subscribers. |
Sell | - |
