Tldr
Mediterrania Capital Companions (MCP) has introduced the ultimate shut of its fourth funding automobile, elevating €600 million ($686 million) The Malta-based personal fairness agency will use the capital to help mid-cap and SME companies throughout North and West Africa The fund targets sectors with sturdy development potential, together with healthcare, monetary companies, FMCG, logistics, schooling, and transport
Mediterrania Capital Companions (MCP) has introduced the ultimate shut of its fourth funding automobile, Mediterrania Capital IV Mid Cap (MC IV), elevating €600 million ($686 million)–well above its preliminary goal of €350 million and a tough cap of €400 million. The Malta-based personal fairness agency will use the capital to help mid-cap and SME companies throughout North and West Africa, with selective pan-African investments.
The fund targets sectors with sturdy development potential, together with healthcare, monetary companies, FMCG, logistics, schooling, and transport. About 25% of the fund is allotted to West Africa, with the rest cut up between Morocco, Egypt, Algeria, and Sub-Saharan Africa.
Key Highlights: Technique, Pipeline, and Backers
Ticket Dimension: Investments will vary between $32 million and $109 million, buying substantial minority or majority stakes, together with pre-IPO positions.Geographic Breakdown: Deliberate investments embrace 5 in Morocco, 2-3 in Egypt, one in Algeria, and the remaining in Sub-Saharan Africa.Sectors: Healthcare and pharma, logistics, shopper items, and finance are the first focus areas.Portfolio Exercise: MCP has already deployed $215 million, together with investments in Laprophan (pharma) and Money Plus (cash switch), each in Morocco.
Join free AllAfrica Newsletters
Get the most recent in African information delivered straight to your inbox
Success!
Nearly completed…
We have to affirm your e-mail deal with.
To finish the method, please observe the directions within the e-mail we simply despatched you.
Error!
There was an issue processing your submission. Please strive once more later.
Daba is Africa’s main funding platform for personal and public markets. Obtain right here
Key Takeaways
MC IV is backed by main growth finance establishments, together with KfW DEG, EIB, EBRD, IFC, and British Worldwide Funding (BII). MCP’s CEO, Albert Alsin, and managing associate Hatim Ben Ahmed emphasised that over 75% of the fund might be deployed inside 4 years, underlining confidence in Africa’s mid-cap development story. Based in 2012 as a spin-off from Riva y Garcia, Mediterrania now manages over $800 million in property and operates from workplaces in Abidjan, Barcelona, Casablanca, Cairo, and Mauritius. The agency sometimes targets companies with revenues between $21 million and $320 million, aiming to scale regional champions throughout Africa.
