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M&A Deal Summary

Teyliom Acquires Bridge Bank

On July 27, 2022, Teyliom acquired financial services company Bridge Bank from Africinvest

Acquisition Highlights
  • This is Teyliom’s 1st transaction in the Financial Services sector.
  • This is Teyliom’s 1st transaction in South Africa.

M&A Deal Summary
Date 2022-07-27
Target Bridge Bank
Sector Financial Services
Buyer(s) Teyliom
Sellers(s) Africinvest
Deal Type Add-on Acquisition

Target

Bridge Bank

Cote d'Ivoire, South Africa
Bridge Bank is a holding company which has a majority equity stake in Bride Bank Cote d’Ivoire , an Ivorian universal Bank and a minority significant equity stake in a bank in Senegal. Bridge Bank is based in Cote d'Ivoire, South Africa.

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Buyer(S) 1

Buyer

Teyliom

Abidjan, South Africa
Category Company
Founded 2001
Sector Financial Services
DESCRIPTION

Teyliom is a panafrican Group based in Sub-Saharan Africa with a strong presence in various sectors in West and Central Africa such as Property, Hospitality, Finance, Industry and Telecom. Teyliom was founded in 2001 and is based in Abidjan, West Africa.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Africa M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

Africinvest

Tunis, Tunisia

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 1994
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Africinvest is a private equity firm focused on growth investments in African companies. The Firm generally targets minority investments in small to medium-sized companies, but Africinvest will consider select majority situations. Africinvest does not have any sector preferences and looks to hold for 4 to 6 years. Africinvest was formed in 1994 and is headquartered in Tunis, Tunisia.

DEAL STATS #
Overall 9 of 14
Sector: Financial Services M&A 2 of 3
Type: Add-on Acquisition M&A Deals 4 of 5
Country: South Africa M&A 1 of 1
Year: 2022 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-26 Clayens Group

Genas, France

Clayens is a manufacturing company specializing in the transformation of high-performance polymers, composites, and precision metal components. The Company provides design, engineering, and production services for industries including automotive, aerospace, electrical, healthcare, and industrial equipment. Clayens Group was founded in 1931 and is based in Genas, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-16 Altereo

Venelles, France

Altereo is a group whose activities are water and environmental engineering, consulting in the management of public services, sustainable development of the city and the territory and the publication of geographic information software. Altereo was founded in 1989 and is based in Venelles, France.

Buy -
Mergr

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