M&A Deal Summary

The Abraaj Group Acquires Ghana Home Loans

On December 1, 2012, asset manager The Abraaj Group acquired financial services company Ghana Home Loans

Acquisition Highlights
  • This is The Abraaj Group’s 9th transaction in the Financial Services sector.
  • This is The Abraaj Group’s 6th transaction in Ghana.

M&A Deal Summary
Date 2012-12-01
Target Ghana Home Loans
Sector Financial Services
Buyer(s) The Abraaj Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Ghana Home Loans

Ghana
Licensed in June 2006, Ghana Home Loans (GHL) is the only independent mortgage finance institution in Ghana. Through its five mortgage products - Home Purchase Loan, Buy to Let, Equity Release, Refinance and Home Improvement - GHL focuses solely on the residential housing segment, providing existing and new homeowners with competitive pricing, professional advice and first-class customer service.

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Buyer(S) 1

Buyer

The Abraaj Group

Dubai, United Arab Emirates
Category Asset Manager
Founded 2002
PE ASSETS 7.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Abraaj Capital Limited is a private equity firm that seeks investments in the Middle East, North Africa, and South Asia. Abraaj looks for stable, mature businesses and uses a 'buy and build' strategy for growth. Areas of interest include aerospace, healthcare, transportation, financial services, leisure, education, energy, and manufacturing. In addition to its buyout and growth capital investments, Abraaj also invests in real estate and infrastructure. Abraaj Capital was formed in 2002 and is based in Dubai.

DEAL STATS #
Overall 142 of 182
Sector (Financial Services) 9 of 10
Type (Buyout (LBO, MBO, MBI)) 129 of 144
Country (Ghana) 6 of 6
Year (2012) 21 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-01 Moulin d’Or

Tunisia

Moulin d’Or is a leading baked goods company in Tunisia with a 41% market share. In 2012, Tunisians consumed more than 175 million single-serving cakes made by the company. Moulin d’Or is acclaimed by Tunisian consumers for its fresh and tasty cakes, good quality ingredients, generous servings and affordable prices that make it accessible to consumers from all income brackets. Moulin d’Or’s products are also highly praised in Algeria and Libya where the company has a significant presence.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 ECCO Outsourcing SAE

Cairo, Egypt

ECCO Outsourcing SAE is a provider of multi-channel CCO, BPO, customer relationship management (CRM) services, human resource outsourcing, IT outsourcing and training services.

Buy -
Mergr

Product

Company

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