Amethis

Amethis is a private equity firm established in 2012, based in Paris, France, with a focus on responsible long-term investments in Africa. The firm specializes in providing growth capital and long-term debt investments across various sectors, including financial services, agribusiness, energy, infrastructure, and community housing services. Amethis seeks to support midcap companies with strong potential for growth, particularly in West, Central, and East Africa. The firm aims to invest between €5 million and €300 million in equity and debt, acquiring minority stakes of 15% to 30% in its portfolio companies. With an investment capacity exceeding €725 million, Amethis emphasizes social and environmental criteria in its investment decisions and offers advisory services alongside its capital contributions. The firm targets companies with an enterprise value between $40 million and $60 million and seeks to exit investments within five to eight years. Amethis operates additional offices in locations such as Nairobi, Abidjan, and Luxembourg, reflecting its commitment to the African market.

Laurent Demey

Co-Founder and Managing Partner

Wilfried Poyet

Partner

Luc Rigouzzo

Co-Founder and Managing Partner

31 past transactions

Marcyrl Pharmaceutical

Private Equity Round in 2023
Manufacturer of specialty generics medicines and products intended to discover research, develop and manufacture innovative promising new products and new therapies that are fully devoted to people's health. The company has its own research and development unit focused on developing products, especially for cardiology, chest, dermatology, gastroenterology and obesity, thereby innovating across products, particularly in high-growth areas of specialty generics.

Tarjama

Venture Round in 2021
Tarjama, a certified translation agency in Dubai and across the region, understands that in order to compete in today’s global market, businesses must be able to connect with their customers and stakeholders and communicate about their products and services in a way that fits into the regional and cultural context. What works in Europe or the US may simply not work in the Middle East. As cultural and linguistic experts, we help you transcend geographic borders and communicate globally!

Avacare Health

Private Equity Round in 2021
Avacare Health Group is a medical equipment company that specializes in manufacturing medical supplies for healthcare professionals, caregivers, and individuals. The company offers a diverse range of products, including wound care supplies, incontinence products, mobility aids, and respiratory equipment. In addition to its product offerings, Avacare Health provides educational resources and various health-related services, aiming to enhance the quality of life for its clients and their customers.

Magriser

Acquisition in 2021
Magriser offers the installation of micro-irrigation equipment and solar pumping systems, helping farmers to reduce water input while boosting the state of agricultural productivity.

Naivas

Private Equity Round in 2020
Naivas is the online supermarket in Kenya provides you a convenient platform for online grocery shopping without leaving the convenience of your home or office. We have the widest selection of grocery items online with over 60,000 items on our online supermarket. We also offer you products from top brands. We provide you an amazing 3 hour grocery delivery all across Nairobi. Our online supermarket has various departments which include Baby Products, Oil & Sauces, Food Cupboard, Fresh Food, Cleaning, Perfumes, Books, Frozen Food, Toiletries, Alcohol, Medicines, Household Items, Beauty & Toiletries, Kenya Ingredients, Snacks, Dairy & Eggs, Fish, Meat, Drinks, and Food Items etc. Enjoy hassle free online grocery shopping experience with www.naivas.co.ke. With Naivas, online grocery shopping is much easier and faster. Shop for groceries online today!

Merec Industries

Private Equity Round in 2018
Merec Industries, SA manufactures and sells wheat and maize based products. Its products include wheat and maize flours, pasta, biscuits, bran, and animal by-products. The company was founded in 1998 and is headquartered in Maputo, Mozambique with additional offices in Machava, Beira, and Nacala, Mozambique.

CFG Bank

Private Equity Round in 2018
CFG Bank's value system has been focused on the quality of its human resources, customer culture and excellence, the cult of innovation and commitment.

Groupe Premium

Private Equity Round in 2018
PREMIUM Group is a capital goods distribution company present in 7 West African countries: - Burkina Faso - Cameroon - Ivory Coast - Mali - Morocco - Senegal - Togo Premium Group is present in Morocco, at through its subsidiaries SRM, Ets BERENGER, SOCOPIM, AFIT-CCIC, Premium Rental and Premium Offshore. Our capital equipment offer covers diversified sectors: construction, mining & quarrying, industry, transportation, logistics and agriculture. Premium Group has developed a portfolio of brands that stand out for their reputation and the competitive advantage they provide in the African markets in terms of robustness and lifespan. Our value proposition includes sale and import of equipment, sale of spare parts, after-sales service and maintenance. We can also offer rental and fleet management solutions, depending on your needs. Whether you work with one or more of our subsidiaries, you are sure that all our employees are fully committed to serve you and motivated to find solutions tailored to your needs

Afriwara Group

Private Equity Round in 2018
Afriwara Group is a producer and distributor of confectionery products and biscuits, primarily serving the West African market. The company manufactures a diverse range of offerings, including sweets, gums, biscuits, and chips, with production facilities located in both Abidjan and Accra. Through its commitment to quality and local manufacturing, Afriwara aims to meet the growing demand for confectionery items in the region.

Sodigaz

Private Equity Round in 2017
Sodigaz APC is a prominent distributor of butane gas and liquid and gaseous petroleum products in Burkina Faso. Established in 1986 and headquartered in Ouagadougou, the company supplies authorized dealers and markets its products, including butane gas and related equipment, to both resellers and end consumers. As a pioneer in the distribution of liquefied petroleum gas (LPG) for households in Burkina Faso, Sodigaz has become one of the most significant players in the industry, contributing to the accessibility of energy solutions in the region.

Mutandis

Private Equity Round in 2017
Mutandis SCA is an industrial group based in Casablanca, Morocco, specializing in consumer goods for the Moroccan and African markets. The company operates in three primary sectors: seafood, fruit juices, and cleaning products, which include a variety of detergents such as washing powder and multi-surface cleaners. Additionally, Mutandis produces PET bottles and caps for beverages and cooking oils. Established in 2008, the company has expanded its reach beyond local markets and now exports its products to over 40 countries, including regions in Europe and the Middle East.

WB Africa

Private Equity Round in 2017
WB Africa operates as an African independent communication network. The company works in the fields of strategic consulting, creation, and media and digital. It offers web marketing, advertising control, event, audiovisual, and edition services. The company was founded in 2016 and is based in Casablanca, Morocco. It also has operations in Algeria, Tunisia, Libya, Mali, Senegal, and Côte d’Ivoire.

Kenafric Industries

Private Equity Round in 2017
Kenafric Industries Ltd., founded in 1987 and based in Nairobi, Kenya, is a manufacturer of a diverse range of consumer products, including confectionery, food, footwear, and stationery. The company specializes in confectionery items such as chewing and bubble gum, toffees, lollipops, and candies, alongside food products like juices, mchuzi mix, stock cubes, and curry powder. Additionally, Kenafric produces footwear, including slippers and gumboots, as well as stationery items like exercise books. Over the years, Kenafric has grown into a Pan-African enterprise with a distribution network that spans Kenya, Uganda, Tanzania, the Democratic Republic of Congo, Ethiopia, and Rwanda, focusing on customer satisfaction and quality service.

Petro Ivoire

Post in 2016
Pétro Ivoire SA engages in the distribution of oil and gas product and by-products in Cote d’Ivoire. The company offers unleaded fuel, diesel, kerosene, lubricants, and butane gas. It owns and operates petrol stations and service outlets and offers car cleaning and repair services. The company also offers a rechargeable smart card for the purchase of fuel, lubricant, and gases. Additionally, it also provides its services through a mobile application. The company was founded in 1994 and is based in Abidjan, Ivory Coast.

Best Health

Private Equity Round in 2016
Best Health is a distributor and installer of advanced medical equipment for hospitals and clinics, primarily operating in Morocco and Tunisia. Established in 2004 and based in South Africa, the company specializes in providing a range of medical technologies, including radiation therapy, medical imaging, cardiovascular equipment, and various surgical and prescription devices. By focusing on high-quality technological solutions, Best Health aims to enhance healthcare delivery in the regions it serves.

Helios Towers DRC

Debt Financing in 2015
As the first independent tower company in Africa, Helios Towers Africa has been built from the ground up to provide passive infrastructure services in the fastest growing continent in the world. Seven of the world's ten fastest-growing economies are African. We have established one of Africa’s most extensive tower networks with more than 6,500 towers over four markets.

Novamed SA

Private Equity Round in 2015
Novamed is the largest operator in the healthcare sector in Ivory Coast. The Group includes six medical clinics, one dental clinic and one laboratory, representing a total of 250 beds. Novamed has a high growth potential, driven by increasing demand for high quality healthcare services from the middle class.

Ecobank

Debt Financing in 2015
Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, is a banking institution that provides a comprehensive range of retail, corporate, and investment banking services across Africa and internationally. The bank operates through three main segments: Corporate & Investment Banking, Commercial Banking, and Consumer Banking. Its offerings include various account types, personal and asset acquisition loans, mortgages, and payment cards, along with internet and mobile banking services. Additionally, Ecobank provides bancassurance, remittances, foreign exchange, trade finance, and cash management services. The bank serves a diverse clientele, including individuals, multinationals, government agencies, and small to medium-sized enterprises. With a network of 888 branches and over 2,460 ATMs, Ecobank has positioned itself as a key player in the West African banking sector, addressing the needs of a region previously dominated by foreign and state-owned banks.

Elephant Africa Holding

Private Equity Round in 2015
Elephant Africa Holding is the producer of tissue paper products.

Boulos Enterprises

Debt Financing in 2015
Boulos Enterprises is a prominent distribution and trading company based in Nigeria, specializing in commercial motorcycles, power bikes, tricycles, and outboard motors. The company represents well-known international brands, including Aprilia, Moto Guzzi, and Haojue, and serves as the sole importer and distributor of Suzuki products in the region. Committed to societal and environmental benefits, Boulos Enterprises integrates modern technologies designed to suit the unique road and climate conditions of Nigeria.

Disway

Private Equity Round in 2015
Disway is a distributor of IT in Morocco, resulting from the merger in 2010 of the leaders in IT distribution: Distrisoft and Matel PC Market. Disway is listed on the Casablanca Stock Exchange and is Certified ISO 9001. Disway offers a wide range of international brands from major software editors and hardware vendors as well as a full range of products and accessories. Disway operates in Morocco, Tunisia, as well as other countries in West and Central Africa.

Econet Wireless

Debt Financing in 2015
Econet is a privately held telecommunications group with a diverse portfolio of operations and investments across Africa, Europe, South America, North America, and the East Asia Pacific Rim. The company primarily offers mobile and fixed telephony services, broadband internet, and satellite and fiber optic networks. In Zimbabwe, Econet Wireless stands as the largest provider of telecommunications services, delivering solutions in mobile and fixed wireless telephony, public payphones, and internet access since its launch in 1998. It has significantly expanded its network infrastructure, introducing 3G data services in 2009 and developing an extensive fiber optic network. Additionally, Econet invests in various sectors beyond telecommunications, including financial services, insurance, e-commerce, renewable energy, and education. Notably, its subsidiaries include Liquid Telecom, a leading internet service provider, and Transaction Payment Solutions, which specializes in financial transaction services. Committed to social responsibility, Econet supports community initiatives, including scholarships for students through the Joshua Nkomo Scholarship Fund, and various charitable causes focusing on vulnerable populations.

NSIA

Private Equity Round in 2015
NSIA Participations S.A. is a diversified financial services company based in Abidjan, Ivory Coast, operating since 1995. It engages in insurance, banking, and real estate sectors across Central and West Africa. The company offers a range of life and non-life insurance products, including coverage for automotive, home, property, transport, and personal accidents. In banking, NSIA provides various financial services such as checking and savings accounts, term deposits, loans, and leasing options, alongside services like money transfers, foreign exchange, and asset management. Additionally, NSIA is involved in real estate through land engineering, property development, and homebuilding, offering services related to property management, leasing, and transactions. The company's broad suite of offerings positions it as a key player in the financial landscape of the region.

CIEL Ltd

Private Equity Round in 2015
CIEL Textile Limited, based in Ebène, Mauritius, specializes in the manufacture and sale of knitted and woven garments. Its product range includes shirts for men and women, fabrics, knitwear, T-shirts, polo shirts, sweatshirts, and joggers. The company operates retail outlets and exports its products to various regions, including Mauritius, Madagascar, Asia, and South Africa. Established in 1971 and originally named Floreal Knitwear Limited, it adopted its current name in 2001. CIEL Textile Limited is a subsidiary of CIEL Limited, an investment holding company founded in 1912 that operates across diverse sectors such as textiles, agriculture, and healthcare.

Ramco Plexus

Private Equity Round in 2014
Ramco Plexus engages in the businesses of printing and packaging. It offers offset and digital printing services, and packaging and branded promotional items; manufactures corrugated cartons and polystyrene products; polythene extrusion and packaging solutions; and gravure printed flexible packaging solutions.

CDCI

Private Equity Round in 2014
The CDCI (Compagnie de Distribution de Cote d'Ivoire) came out of the CFCI-TRADING, a dismemberment of the former Compagnie Francaise de Cote d'Ivoire (CFCI) established at the end of the 19th century in Abidjan. On January 3, 1989, CFCI-TRADING (a subsidiary of the Unilever African Company (UAC) group became the Ivory Coast Distribution Company (CDCI), a company specializing in the marketing of Unilever products in Côte d ' Ivoire, with 18 stores. December 4, 2002, Unilever-CI sells the company CDCI to its new owners who have a solid experience in large-scale distribution in CI and are known to be the head of the SOCOCE distribution company. On their arrival, they inspire a certain dynamism and a new commercial vision for the company, which is based on four pillars: 1. Proximity: Implement the CDCI and KING CASH outlets as close as possible to the populations; In the towns, districts, sub-prefectures and villages of Côte d'Ivoire. 2. Provide high-quality product lines 3. Focus our efforts on meeting the needs of our clients 4. Trust and practice a policy of integrating and empowering the human resources of our stores with material motivation according to well-defined objectives. Today, CISC has the largest national distribution coverage with its network of over one hundred wholesale, ½ wholesale and retail stores throughout Cote d'Ivoire. The new management system put in place to inject a dynamism and an expansion of activities involving huge investments and resource personnel. In its development, CDCI is committed to being a corporate citizen by being involved in the many social actions across the Ivory Coast, by supporting charities and direct aids to the population through its Sponsorship and sponsorship.

Fidelity Bank Ghana Ltd

Venture Round in 2014
Fidelity Bank Limited provides banking products and services. The company offers current and savings accounts.

Separator

Private Equity Round in 2014
Separator Sarl, founded in 1998 and based in Casablanca, Morocco, specializes in manufacturing and providing services related to decoration, construction, and furnishing. The company offers a range of products, including movable partitions, wood and aluminum carpentry, windows, and various finishing works. Separator also focuses on the implementation and maintenance of these products, catering to sectors such as finance, services, and public institutions. By designing professional space layouts, Separator aims to create pleasant work environments at competitive prices, ensuring that clients receive comprehensive solutions for their construction and furnishing needs.

Velogic

Private Equity Round in 2013
Velogic Ltd. is a logistics company based in Port Louis, Mauritius, providing integrated logistics services across various sectors, including consumer goods, retail, fashion, healthcare, technology, and construction. Established in 2009, the company offers a wide range of services such as freight forwarding, customs clearing, domestic transport, warehousing, shipping, and project cargo handling. Additionally, Velogic provides specialized services, including aviation cargo representation, parcel and courier services, customs brokerage, and stevedoring. With offices in France, India, Madagascar, Mozambique, Reunion Island, and Bangladesh, Velogic operates as a subsidiary of Rogers and Company Limited, focusing on delivering comprehensive supply chain solutions to meet diverse client needs.

UT Bank Ghana

Debt Financing in 2013
UT Bank Ltd. provides various commercial banking services to individuals, enterprises, corporations, residents, non-residents, associations, and government agencies in Ghana. Its products and services include all-in-one, current, fixed deposit, foreign currency, foreign exchange, savings, unique, and young saver's accounts; various investment products; loan products, such as social and business loans; and business advisory services, including business financing, investment management, organizational restructuring, and portfolio management services.

Petro Ivoire

Private Equity Round in 2013
Pétro Ivoire SA engages in the distribution of oil and gas product and by-products in Cote d’Ivoire. The company offers unleaded fuel, diesel, kerosene, lubricants, and butane gas. It owns and operates petrol stations and service outlets and offers car cleaning and repair services. The company also offers a rechargeable smart card for the purchase of fuel, lubricant, and gases. Additionally, it also provides its services through a mobile application. The company was founded in 1994 and is based in Abidjan, Ivory Coast.
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