M&A Deal Summary

The Abraaj Group Acquires Java House Africa

On July 3, 2017, asset manager The Abraaj Group acquired restaurant Java House Africa from Emerging Capital Partners

Acquisition Highlights
  • This is The Abraaj Group’s 4th transaction in the Restaurants sector.
  • This is The Abraaj Group’s 14th transaction in Kenya.

M&A Deal Summary
Date 2017-07-03
Target Java House Africa
Sector Restaurants
Buyer(s) The Abraaj Group
Sellers(s) Emerging Capital Partners
Deal Type Secondary Buyout

Target

Java House Africa

Nairobi, Kenya
Java House Africa owns and operates a chain of coffee houses. The Company has three flagship brands: Java House, the largest coffee-led, all-day casual dining concept; Planet Yogurt, the region’s first self-service frozen yogurt chain; and 360 Degrees Artisan Pizza, an upmarket Italian pizzeria concept. Java House also operates commercial coffee roasteries, providing quality coffee and bean sales to its own stores and to supermarkets, hotels, restaurants and wholesale buyers.

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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 178 of 182
Sector (Restaurants) 4 of 4
Type (Secondary Buyout) 6 of 6
Country (Kenya) 14 of 14
Year (2017) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-26 Middlesex University Dubai

Dubai, United Arab Emirates

Middlesex University Dubai is one of the region's most dynamic and forward-thinking institutions that offers foundation, undergraduate and postgraduate degree programs in business, law, art, and design, science and technology, health and education, and media. Middlesex University Dubai was founded in 2005 and is based in Dubai, United Arab Emirates.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-27 Netlog Lojistik Hizmetleri AS

Istanbul, Turkey

Netlog Lojistik Hizmetleri AS Turkey’s largest integrated logistics company with a strong presence in Europe and Asia. Company providing integrated supply chain solutions in its domestic and international markets. Netlog offers a full suite of supply chain solutions including warehousing, domestic and international trucking alongside air and sea freight forwarding through its extensive network of over 65 warehouses, with a combined area of more than 1.1 million square meters. Netlog also operates one of the largest owned fleets in Turkey with over 3,200 transport vehicles. Netlog’s value added logistics offering covers a diversified set of sectors including fast moving consumer goods (FMCG), food and beverage, retail and fashion.

Buy -

Seller(S) 1

SELLER

Emerging Capital Partners

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2000
PE ASSETS 3.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

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 11 of 13
Sector (Restaurants) 1 of 1
Type (Secondary Buyout) 2 of 2
Country (Kenya) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-26 Mineral Deposits

Melbourne, Australia

Mineral Deposits Ltd. is a company which produces mineral sands commodities, principally zircon and rutile. Mineral Deposits was founded in 1994 and is based in Melbourne, Australia.

Sell -
Mergr

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