The Abraaj Group is an investment firm that focuses on growth markets in Africa, Asia, Latin America, the Middle East, and Turkey. Founded in 2002 by Arif Naqvi, the company has played a significant role in pioneering the private equity industry in these regions. Abraaj specializes in identifying, developing, and monetizing investments across various sectors, with a commitment to fostering sustainable and profitable businesses and communities. The firm employs a tailored approach to investing, leveraging its deep local insights and global platform to uphold high underwriting standards and operational capabilities. With a portfolio that includes private equity, private credit, impact investing, and real estate, The Abraaj Group manages $13.6 billion in assets, aiming to generate strong returns while creating lasting value in leading companies.
C&I Leasing is a leasing and ancillary service provider operating primarily in Nigeria and Ghana. The company is structured into three main divisions: Fleet Management, Outsourcing, and Marine Services. It offers a range of services, including operating and finance leases, equipment and car rental services, land rental services, and fleet management services. Additionally, C&I Leasing has established two subsidiaries located in Ghana and the United Arab Emirates, further enhancing its service offerings and regional presence. Through these divisions and subsidiaries, the company aims to meet the diverse needs of its clients across various sectors.
Selina
Series B in 2018
Selina is one of the world’s fastest growing hospitality brands, combining beautifully-designed accommodation with coworking spaces, wellness, recreational offerings and local experiences for today’s nomadic traveler to live, work and explore anywhere in the world. With a design-centric, technology-first and socially-minded approach to travel, Selina currently operates 24 urban, beach, jungle and mountain-side locations across eight countries and is developing a global infrastructure for nomads who want to make the world their classroom, office, and playground.
BigBasket
Series E in 2018
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
Tunisie Télécom
Secondary Market in 2017
Tunisie Télécom S.A. is the leading integrated telecommunications operator in Tunisia, established in 1995 and headquartered in Tunis. The company provides a comprehensive range of services, including prepaid and postpaid mobile and fixed telecommunication services, as well as Internet services for both individual and business clients. Tunisie Télécom serves over 7 million customers and employs approximately 7,500 staff. It boasts the largest mobile coverage in the country and operates an extensive nationwide fixed and fiber network infrastructure, complemented by a robust submarine cable network that ensures direct connectivity with Europe, Africa, and Asia. Its diverse offerings include 4G mobile broadband, Fiber-To-The-Home, Fiber-To-The-Building, as well as cloud and IP-MPLS solutions tailored for enterprises.
BigBasket
Venture Round in 2017
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
QBCo
Private Equity Round in 2017
QBCo is a Colombian company that specializes in the development, manufacturing, and marketing of a diverse array of consumer food products. Its offerings include edible oils, margarine, sauces, drinks, jams, dairy products, and vegan options, catering primarily to food businesses. QBCo focuses on producing private-label goods, assisting clients in building their brands according to specific requirements. With a commitment to quality and innovation, the company serves as a reliable partner in the food industry, providing a wide range of preserved and canned products along with pet food.
Cinepax
Private Equity Round in 2017
Cinepax Limited is a prominent cinema chain in Pakistan, founded in 2004 and headquartered in Karachi. The company operates multiplexes across more than seven cities, including Islamabad, Hyderabad, Multan, Gujrat, and Sialkot, with plans to expand to eleven cities and over 100 screens. Cinepax is recognized for its commitment to providing high-quality entertainment, emphasizing comfort and advanced visual and sound technology to enhance the overall customer experience. The cinema chain offers online ticket purchasing, allowing patrons to conveniently secure their movie experiences from home. With a focus on delivering unmatched service and a safe viewing environment, Cinepax has established itself as a leading destination for family entertainment in the region.
Avenue Group
Acquisition in 2017
The Avenue Group, based in Nairobi, Kenya, has been providing high-quality, affordable, and accessible healthcare since its founding in 1976. The organization operates healthcare facilities and offers a range of managed healthcare services, including outpatient, inpatient, emergency, maternity, X-ray, laboratory, and pharmacy services. Additionally, it provides nursing care, equipment rental, and nurse aid training. The company also focuses on health education and medical examinations. Avenue Group extends its services to include rescue operations, offering CPR and first aid training to both companies and the general public, alongside ambulance and medical taxi services. Furthermore, it provides event coverage through EMTs, first aid tents, and standby ambulances. The Avenue Group comprises several entities, including Avenue Hospital, Avenue Healthcare, Avenue Homecare, and Avenue Rescue Services.
BigBasket
Series E in 2017
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
Java House
Acquisition in 2017
Java House, established in 1999, has grown to operate 54 branches across Nairobi, other regions in Kenya, and Uganda. It is recognized as a popular dining destination for the Kenyan consumer class, offering high-quality, affordable meals and exceptional African-grown coffee. The coffee house caters to business professionals during the day and provides a family-friendly atmosphere for social gatherings in the evenings and on weekends. In addition to its core restaurant offerings, Java House has expanded its brand portfolio to include Planet Yogurt, the first self-serve frozen yogurt chain in Africa, and a pizzeria named 360 Degrees. The menu features a variety of fresh foods, including Kenyan coffees and teas, home-baked bread, and diverse international cuisine, ensuring a unique dining experience for its customers.
Jhimpir Power
Acquisition in 2017
Jhimpir Power Private Limited is engaged in the development and operation of wind power projects in Pakistan. Formerly known as Dewan Energy Private Limited, the company was established in 2007 and is headquartered in Pakistan. It operates a 50 megawatt (MW) wind power generation plant located in the Gharo-Keti Bandar Wind Corridor. The facility utilizes General Electric (GE) wind turbines to address the significant power shortage in the country, which exceeds 6,000 MW, amidst increasing energy consumption.
Islamabad Diagnostics Centre
Private Equity Round in 2017
Islamabad Diagnostics Centre (IDC) is a prominent medical diagnostics service provider in Pakistan, established in 2003 and headquartered in Islamabad. The centre offers a comprehensive range of services, including radiology, laboratory tests, imaging, dental care, women's health, neurology, cardiology, bone health, and respiratory services. Additionally, IDC specializes in screening profiles, health packages, medical tourism, visa medicals, and health screenings. With a presence in multiple locations, including Rawalpindi, Hayatabad, and Peshawar, IDC operates 20 centres across various regions, serving both medical and non-medical institutions as well as individual patients. The company is recognized for its advanced imaging technologies, extensive laboratory testing capabilities, and efficient turnaround times, supported by one of Pakistan's largest teams of qualified radiologists.
Casaideas
Acquisition in 2017
Casaideas is a Chile-based company specializing in home design and decorative products. It operates retail stores throughout Chile, offering a diverse range of household items that include closet organizers, textiles, crockery, linens, and covers. The company also provides products tailored for children's rooms and outdoor terraces, emphasizing novelty and accessibility. By focusing on these unique offerings, Casaideas aims to differentiate itself in the competitive home decor market, catering to the varied needs of its customers.
Indorama Fertilizers
Acquisition in 2016
Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers for local farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe
Capa de Ozono
Private Equity Round in 2016
Capa de Ozono, founded in 1992 in Guanajuato, Mexico, is a family-owned business specializing in fashionable footwear for teenagers and young adults. With a network of 207 stores across more than 50 cities, including major urban centers, the company also serves over 300 wholesale clients and maintains an online retail presence. Capa de Ozono is strategically positioned to capitalize on the increasing consumer spending and credit expansion in Mexico, along with the rapid development of second- and third-tier cities. The footwear market in Mexico is expected to grow by 8% over the next five years, driven by demographic trends and rising disposable incomes, which bode well for the company’s future prospects.
Fibabanka
Private Equity Round in 2016
Fibabanka is a notable private bank in Turkey, distinguished by its experienced management team. The bank specializes in various sectors, including corporate, commercial, small and medium-sized enterprises (SMEs), agriculture, and retail banking. Fibabanka provides a comprehensive range of financial services, including loans, deposit and investment products, cash management transactions, and insurance. It also offers private pension plans and facilitates foreign trade transactions and financing, all aimed at addressing the diverse banking needs of its clients.
Ninja Van
Series B in 2016
Ninja Van is a logistics startup focused on providing efficient last-mile delivery services across Southeast Asia. The company leverages advanced technology and strategic partnerships to address the complexities of package delivery, offering businesses of all sizes a streamlined solution. Its user-friendly platform allows clients to monitor deliveries in real time and stay informed through email and SMS notifications. This approach ensures that customers can create delivery orders easily while receiving updates that promise faster and more reliable service.
BigBasket
Series D in 2016
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
CEPRO S.P.A
Secondary Market in 2016
CEPRO S.P.A is a manufacturer and distributor of disposable hygiene products in Algeria, specializing in items for females and babies. The company produces and supplies baby diapers and feminine sanitary pads, aimed at helping customers maintain personal hygiene. Through its operations, CEPRO S.P.A addresses the growing demand for single-use hygienic products in the Algerian market.
CARE Hospitals
Acquisition in 2016
CARE Hospitals Group is a specialist healthcare provider operating a chain of multi-specialty hospitals across India. The organization focuses on delivering high-quality medical care in various clinical specialties, including oncology, neurosciences, renal sciences, gastroenterology, hepatology, and cardiac sciences. CARE Hospitals aims to serve patients with cost-effective medical services, utilizing modern infrastructure and advanced medical equipment to ensure comprehensive healthcare solutions.
Careem
Series C in 2015
Careem is a car booking platform that connects passengers with local drivers, facilitating convenient and efficient transportation. The platform allows users to request rides in a matter of minutes, providing transparency by displaying the cost upfront. Payments are seamlessly processed through the passenger's chosen credit card, ensuring a hassle-free experience. By creating a marketplace of community drivers, Careem offers affordable transportation solutions, catering to the diverse needs of its users.
Centre de Traitement Al Kindy
Acquisition in 2015
Founded by Dr. Mohamed El Morchid and Dr. Abdellatif Bouih in 1989, Al Kindy is the first private oncology center in Morocco. Located in Casablanca, a city with a population of over 4 million people, Al Kindy is the largest private clinic of its kind in Morocco and is recognized for the calibre of its medical professionals and the sophistication of its medical technology and equipment, including two state-of-the-art Varian Rapid Arc Linear Accelerators (LINACs). Al Kindy serves patients from Morocco and neighbouring countries such as Mauritania, Mali and Senegal.
Clinique Specialisee Menara
Acquisition in 2015
The Menara oncology center was founded in 2013 by six experienced doctors and medical professors. Leveraging its reputed medical team, Menara has grown into one of the leading referral oncology, radiology and diagnostics centers in Marrakech with plans to invest in additional radiotherapy technology.
TIBA
Venture Round in 2015
TIBA is a logistics and customs brokerage service provider based in Valencia, Spain. The company specializes in facilitating the import and export logistics for various industries, including aerospace, automotive, perishables and drinks, hotels, pharmaceuticals, and renewable energy. TIBA offers a comprehensive range of services, including air freight, sea freight, land transport, project cargo, contract logistics, and warehousing, ensuring efficient and effective supply chain solutions for its clients.
Urbano Express
Acquisition in 2015
Urbano Express, established in Ecuador in 1996 and expanding to El Salvador in 1998 and Peru in 2003, has evolved from its initial focus on postal distribution and mass mailing to a diverse range of services. The company operates five main business lines: Document Delivery, Parcel and Package, External Logistics, Printing and Document Management Services, and Business Intelligence Services. Urbano Express caters to a variety of corporate clients, including financial institutions, telecom operators, traditional retailers, and e-commerce companies. By utilizing standardization, georeferencing, database visualization, warehousing, and integrated technology, Urbano Express enables its clients to effectively connect with their customers and enhance their business growth.
Yu-Ce Medical
Private Equity Round in 2015
Yu-Ce Medical is a medical gauze and medical sponge producer, and among the few domestic surgical suture producers in Turkey. The Company carries out its manufacturing operations in two company-owned factories and has an established sales platform across Turkey, including a diversified customer base of more than 230 state, university and private hospitals and over 190 medical distributors.
Mouka
Acquisition in 2015
Mouka Limited is a leading manufacturer of polyurethane foam products based in Lagos, Nigeria. Established in 1959 and originally named Moukarim Metalwood Factory Limited, the company changed its name in 1972. Mouka specializes in producing a variety of items such as mattresses, pillows, beddings, duvets, and foam blocks for both household and industrial markets. Its extensive distribution network includes retail stores, distributors, sub-distributors, and online channels, ensuring its products are widely available throughout Nigeria.
Kudu
Private Equity Round in 2015
Kudu Co. is a prominent operator and franchisor of quick-service restaurants based in Riyadh, Saudi Arabia, with over 327 locations throughout the country. Established in 1988, Kudu has developed a diverse menu that includes breakfast, lunch, and dinner options, featuring items such as chicken and beef sandwiches, burgers, salads, sides, and desserts. The company emphasizes high standards of quality and efficiency, supported by rigorous staff training and advanced management systems. Kudu's commitment to excellence has earned it international recognition through certifications like ISO: 22000:2005 and HACCP SQF 2000. With more than three decades of experience, Kudu has successfully created a unique dining experience that has evolved into a well-established brand in the region.
BRN Sleep Products
Private Equity Round in 2015
BRN Sleep Products is a privately held manufacturer based in Kayseri, Turkey, specializing in sleep-related products. The company produces a range of items including mattresses, covers, box springs, and adjustable beds. By focusing on cost-effective solutions, BRN Sleep Products aims to provide customers with quality sleep products at competitive prices.
Hepsiburada.com
Private Equity Round in 2015
Hepsiburada is an e-commerce store offering various products such as electronics, apparel, stationery, home decor, and groceries.
Liberty Star Consumer Holdings
Acquisition in 2014
Liberty Star Consumer Holdings, established in 2005 and headquartered in Johannesburg, South Africa, operates as an investment holding company in the Fast Moving Consumer Goods (FMCG) sector. The company specializes in various market segments, including perishables, groceries, snacks and confectionery, baking aids, and household and personal care products. With annual net revenues exceeding R7 billion, Liberty Star comprises 28 business units spread across 31 sites in provinces such as Gauteng, Mpumalanga, Kwa-Zulu Natal, Western Cape, and Eastern Cape. The company serves the food service industry, private label segments of larger retailers, and brand owners, while also offering its own branded products. Its extensive manufacturing and distribution capabilities allow it to meet diverse customer needs both locally and globally.
Yörsan
Acquisition in 2014
Yörsan produces high standard, reliable cheese by making it healthy and tasty for consumers.
Rainbow Hospitals
Venture Round in 2013
Rainbow Hospitals Limited is a prominent healthcare provider in India, specializing in comprehensive child, women, and fertility care services. Established in 1996 and headquartered in Hyderabad, the hospital operates multiple locations across Hyderabad, Vijayawada, and Bengaluru. Its pediatric services encompass a wide range of specialties, including intensive care, neurology, nephrology, gastroenterology, oncology, surgery, and various therapeutic disciplines. For women, Rainbow Hospitals offers extensive gynecological and obstetric care, including high-risk pregnancy management, birthing options, and maternal intensive care. The fertility care segment provides diagnostic evaluations, personalized infertility treatments, and advanced reproductive technologies such as in-vitro fertilization. Rainbow Hospitals is committed to delivering holistic care to mothers, children, and families, ensuring a supportive environment throughout pregnancy and beyond.
Plastic Electromechanic Company
Venture Round in 2013
Plastic Electromechanic Company SA, founded in 2004 and located in Zaghouan, Tunisia, specializes in high precision plastic injection and the assembly of electrical equipment, wire harnesses, and medical products. The company serves multiple industries, including automotive, electrical, and healthcare. Its offerings include injection molds, engineering plastics, and the integration of electrical assemblies and subassemblies, alongside wired cabling and volant cladding.
Fan Milk
Acquisition in 2013
Fan Milk Limited is a Ghanaian company that specializes in the manufacture and distribution of dairy and fruit-based products. Established in 1960 and originally known as Ghana Milk Company Limited, it rebranded to Fan Milk Limited in 1962. The company offers a diverse range of products, including frozen strawberry yoghurts, ice creams, chocolates, snacks, iced lollies, and fruit drinks, marketed under various brands such as FanYogo, FanMaxx, FanChoco, FanIce, FanJoy, and FanDango. Based in Accra, Fan Milk Limited operates as a subsidiary of Fan Milk International A/S and has been recognized for its significant contribution to the local dairy industry.
Fan Milk
Private Equity Round in 2013
Fan Milk Limited is a Ghanaian company that specializes in the manufacture and distribution of dairy and fruit-based products. Established in 1960 and originally known as Ghana Milk Company Limited, it rebranded to Fan Milk Limited in 1962. The company offers a diverse range of products, including frozen strawberry yoghurts, ice creams, chocolates, snacks, iced lollies, and fruit drinks, marketed under various brands such as FanYogo, FanMaxx, FanChoco, FanIce, FanJoy, and FanDango. Based in Accra, Fan Milk Limited operates as a subsidiary of Fan Milk International A/S and has been recognized for its significant contribution to the local dairy industry.
Synapse Algerian
Private Equity Round in 2013
Synapse is a leading Algerian logistics company established in 2004. It specialises in transportation, storage and warehouse management services. It has a fleet of approximately 300 trucks and has around 350 employees.
Moulin d'Or
Venture Round in 2012
Moulin d'Or, founded in 1984 in Ajaltoun, Lebanon, began with a focus on providing high-quality Lebanese pita bread to the local community. The company expanded in 2000 by opening a new branch in the Jeita region, which includes a modern production facility, showroom, and restaurant. Moulin d'Or has grown significantly over the years, establishing itself as one of the largest entities in the bakery and pastry sectors within the region. The company offers a diverse and continually expanding range of products, including French bread, Lebanese pastries, cakes, cookies, ice cream, fast food, snacks, and catering services, catering to various consumer preferences and needs.
The Entertainer
Venture Round in 2012
The Entertainer is a Dubai-based company established in 2001 that specializes in providing buy one get one free vouchers and other discounts across various sectors, including food and drink, beauty and fitness, attractions and leisure, retail, and services. Initially starting as a traditional print coupon service with extensive books of offers, the company has since transitioned to a mobile platform that allows customers to access and redeem offers digitally. The Entertainer app, which is free to download, enables users to purchase annual bundles of offers that can be redeemed at participating venues. In addition to serving individual customers, the company also offers a B2B service, allowing businesses to create mobile incentive and loyalty solutions for their clients or employees. With a wide network of merchant partners, The Entertainer is recognized as a valuable resource for both locals and tourists seeking savings on experiences in the United Arab Emirates and beyond.
UAP Group
Venture Round in 2012
UAP Group is a pan-African financial services group with interests in insurance, investment management, property development and investments, securities brokerage and financial advisory. The history of the Group can be traced back by over 90 years while recent expansion and growth in the East African market have made UAP one of the key players in the financial services sector in the region. Currently, the group has businesses operating in Kenya, Uganda, South Sudan, Rwanda, DRC and Tanzania.
Viking Services
Acquisition in 2012
Viking Services B.V. is a company based in Amsterdam Zuidoost, the Netherlands, that specializes in providing integrated services to the oil and gas and geothermal industries. Its offerings include oil and gas drilling and completion, well servicing, pressure pumping, wireline services, geophysical solutions, civil engineering, and transportation services. The company aims to support various aspects of energy production through its diverse range of capabilities tailored to the needs of its clients in the energy sector.
Aureos Capital
Acquisition in 2012
Aureos Capital is a fund management firm based in China that focuses on providing financial services in emerging markets across Asia, Africa, and Latin America. The firm specializes in identifying and investing in growth opportunities within these regions, aiming to support the development of businesses and stimulate economic growth. Through its investment strategies, Aureos Capital seeks to create value for its investors while contributing to the sustainable development of the markets it operates in.
D1 Stores
Private Equity Round in 2010
At TIENDAS D1 we know that the key to differentiation is through the innovation of the articles in our stores and in this way we understand the needs of our customers, for this reason from the beginning of the conception of the products and until the last details are counted. with the perception and endorsement of the same consumer, information that is part of the strategic decisions for the permanent movements of the different categories, this is how we resort to sensory and performance tests of the products D1 Stores was established in 2009 in Medellín, Antioquia.
Nymgo
Series A in 2010
Nymgo specializes in providing Voice over Internet Protocol (VoIP) services aimed at connecting immigrants with their families in their home countries. The company develops an online communication application that offers a cost-effective and high-quality solution for making international calls to both landlines and mobile phones. This service is particularly beneficial for immigrant communities, allowing them to maintain connections despite limited internet and broadband infrastructure in certain regions. The application also includes features such as conversation recording and access to a phone book from any location, enhancing the user experience for travelers and expatriates.
Oksa Maroc
Venture Round in 2008
Oksa Maroc, founded in 1998 and based in Casablanca, Morocco, specializes in maintenance services for electrical transformers and the detection of fraud in electrical networks. The company focuses on enhancing the performance of electrical systems by identifying technical issues and implementing preventive maintenance measures through chemical analysis. Additionally, Oksa Maroc employs infrared camera diagnostics to assess electrical networks, ensuring efficient operation and reliability.
Hind High Vacuum
Private Equity Round in 2006
Hind High Vacuum (HHV) is a prominent company in the field of thin film and vacuum technology, based in India. It specializes in the design and development of vacuum equipment and hardware, as well as solar equipment and modules. HHV manufactures both laboratory and industrial-scale vacuum coating systems that cater to various industries, including aerospace, automotive, and defense. The company’s product range includes optical and decorative coatings, mirror coaters for astronomical telescopes, and specialized vacuum equipment for complex metallurgical applications. Additionally, HHV offers contracting services for large-scale, custom vacuum technology projects, positioning itself as a global leader in the vacuum technology sector.
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