Cauris Management

Cauris Management SA is a private equity and venture capital firm founded in 1996, with offices in Lomé, Togo, and Abidjan, Ivory Coast. The firm focuses on both direct investments in startups and emerging companies, as well as fund of funds investments in private equity. Cauris Management typically invests between €2 million and €15 million in small and medium-sized enterprises across several countries in Francophone West Africa, including Benin, Burkina Faso, and Ghana. The firm aims to take majority, minority, or controlling stakes in companies with strong growth potential and profitability. Cauris Management avoids investments in sectors such as military, adult entertainment, and tobacco, and does not engage with companies that utilize child labor or have negative environmental impacts.

29 past transactions

Africa West Industries

Private Equity Round in 2015
Africa West Industries SA is a manufacturer based in Abidjan, Ivory Coast, specializing in household soaps. The company serves the Ivory Coast and the broader West African sub-region, focusing on producing affordable and high-quality soaps that are free from impurities. In addition to its soap manufacturing, Africa West Industries also produces edible vegetable oil, expanding its product offerings to meet the needs of the local market.

Cipharm

Private Equity Round in 2014
Cipharm is a pharmaceutical company focused on the development, production, and marketing of generic pharmaceuticals for human use. The company specializes in various forms of medication, including syrup, powder, and dry formulations. By concentrating on pharmaceutical specialties, Cipharm aims to provide accessible and effective treatment options to meet the needs of patients.

VIPNET

Private Equity Round in 2013
VIPNET, founded in 1999 and based in Abidjan, Ivory Coast, specializes in providing interconnection and data transmission services, primarily targeting small and medium-sized enterprises (SMEs). The company's offerings include broadband Internet, internet connection, private networks for enterprises, hosting services, voice over Internet Protocol (VoIP), international communications, and data transmission. By delivering a comprehensive suite of telecommunications solutions, VIPNET aims to support the connectivity needs of NGOs, residential clients, and individuals, enhancing their communication and operational capabilities.

Axxend

Private Equity Round in 2013
Axxend is a business technology consulting firm based in Africa that specializes in providing digital transformation services to enhance organizational efficiency and profitability. The company offers a range of business intelligence solutions, including enterprise performance management and information architecture, designed to optimize decision-making processes. In addition, Axxend provides collaboration solutions that encompass enterprise communications, desktop transformation, and migration services for platforms like Lotus Notes/Domino. Through these offerings, Axxend aims to support enterprises in maximizing productivity and increasing revenue.

Banque Atlantique

Private Equity Round in 2012
Groupe Banque Atlantique, established in 1978 and headquartered in Abidjan, Ivory Coast, provides a range of banking, management, and financial intermediation services across Africa. The bank specializes in private banking, offering services such as checking accounts, savings and investment products, loans, insurance, and money transfers. For business clients, it provides various banking solutions, including demand deposits, savings accounts, term deposits, and payment services such as checks and transfers. Additionally, it offers facilities services like overdrafts and short-term loans, along with insurance and telematic services. The bank plays a significant role in supporting the regional economy and fostering sub-regional integration through its comprehensive financial services. A joint venture between Banque Centrale Populaire SA and Atlantic Financial Group SA, Groupe Banque Atlantique also maintains a representative office in Paris, France.

Azalaï Hôtels

Private Equity Round in 2012
The Azalaï Hotels Group is the first hotel chain in West Africa and a regional leader in the hotel sector. With more than 20 years of experience, a head office based in Mali, Azalaï Hotels has developed a strategy oriented to satisfy the growing needs of its customers by constantly improving the quality of its high-end service through meticulous renovation Of its hotel units and by a rigorous management of its rapidly growing portfolio. From Bamako to Ouagadougou, Cotonou, Bissau, Nouakchott and Abidjan, the success of the Azalaï Hotels Group is enhanced by a warm welcome and high quality service guaranteed by African hospitality. This high-quality service is the result of the work of all the company's employees. The Azalaï Hotels Group generates more than 4000 direct and indirect jobs across the subregion.
Banque Populaire pour l'Epargne et le Crédit is a banking institution based in Lomé, Togo, that provides a range of financial services. As a subsidiary of SUNU Assurances Vie Côte d'Ivoire, it specializes in commercial and microfinance banking. The bank offers retail and private banking services, asset management, and various assurance products. Additionally, it provides services related to capital markets and holdings, catering to the diverse financial needs of its clients.

SODIGAZ

Private Equity Round in 2009
SODIGAZ SA operates as a butane bottling and distribution company in Togo.

Swindevco

Private Equity Round in 2009
Swindevco specializes in the installation and maintenance of telecommunications networks, including the construction of pylons and shelters. The company is dedicated to delivering network installation services within specified timelines while monitoring market trends and offers. Swindevco employs a skilled team of specialists who provide additional services such as lightning and surge protection, anomaly detection, and the audit and optimization of installations. Through its comprehensive approach, Swindevco aims to enhance the efficiency and reliability of telecommunication infrastructure.

MTN Group

Post in 2009
MTN Group Limited is a leading telecommunications company based in Johannesburg, South Africa, offering a wide range of voice, data, mobile financial, and digital services. Founded in 1994, MTN serves approximately 251 million subscribers across various markets in Africa and the Middle East. The company provides mobile telecommunications services, including voice bundles, data packages, and mobile money solutions such as international remittances and insurance. Additionally, MTN offers enterprise services focused on connectivity, cloud solutions, and IoT applications. Its subsidiaries, including MTN Nigeria Communications PLC, deliver broadband access and telecommunication services tailored to both individual consumers and businesses. MTN is also involved in digital entertainment through products like video-on-demand and music streaming services, further diversifying its offerings in the rapidly evolving digital landscape.

Socopharm

Private Equity Round in 2009
Socopharm is the oldest wholesale distributor of pharmaceuticals in Togo.

Bridge Bank Group

Private Equity Round in 2008
Bridge Group West Africa is a holding company which has a majority equity share in Bride Bank Cote d'Ivoire, an Ivorian universal bank and a minority significant equity stake in a bank in Senegal.

Eau-Technologie-Environnement

Private Equity Round in 2007
Eau-Technologie-Environnement is a producer and distributor of mineral water based in Cotonou, Benin. Founded in 1995 by an experienced engineer in the mineral water sector, the company offers a diverse product portfolio that includes natural mineral water under the brand FIFA de Ste Luce, various packaged drinking water formats, carbonated water, and soft drinks. The company caters to a wide range of needs, providing portable, industrial, and medicinal water solutions to the domestic market and beyond. As of 2015, Eau-Technologie-Environnement operates as a subsidiary of Les Eaux Minérales d'Oulmès S.A.

CDCI

Private Equity Round in 2007
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.

Moov Togo

Private Equity Round in 2006
Moov Togo is a telecommunications company based in Togo, West Africa, operating a cellular network that provides both analog and digital communication services. The company caters to a diverse customer base, offering solutions for individual users and businesses alike. By facilitating access to essential communication services, Moov Togo plays a significant role in enhancing connectivity within the region.

Orange Mali

Private Equity Round in 2006
Orange Mali SA is a telecommunications company that offers mobile, fixed line, and Internet services through wholesalers, semi-wholesalers, and retailers in Mali.

SAPIN

Private Equity Round in 2004
Sapin is a regional leader for Flexible Packaging in French-Speaking Africa. The company produces highly specialized films and packaging solutions. Our Main customers are producers and distributors in the local Food industry (Milk, coffee, oil, drinks etc.).

Airtel Burkina Faso

Private Equity Round in 2003
Airtel Burkina Faso is a leading global telecommunications company with operations in 20 countries across Asia and Africa.

Computer Technology

Private Equity Round in 2002
Computer Technology S.A operates as a supplier of technical equipment and also offers computer services.

Access Bank

Post in 2002
Access Bank provides banking products and services to individual and business customers in Ghana. It offers standard savings and current, access advantage, solo, and premier accounts. The company also provides online banking services that include ATM, online access, and point-of-sale terminal services; and bills payment and Western Union money transfer services.

CAFE Informatique & Télécommunications

Private Equity Round in 2001
CAFE Informatique & Télécommunications S.A. operates as an Internet Service Provider (ISP).

SERMED

Private Equity Round in 1999
SERMED owns and manages the International Center of Ophthalmology in Abidjan.

SAPLAIT

Private Equity Round in 1999
SAPLAIT produces milk, butter and other dairy products. It is based in Abidjan.

Niger Lait

Private Equity Round in 1998
NIGER-Lait.S.A. operates as a dairy factory that produces milk and milk related products in Niger. The company also offers collection and distribution on milk products. It offers agro products in Niger.

Filature du Sahel

Private Equity Round in 1998
Filature du Sahel S.A. operates a cotton mill in Burkina Faso. It offers threads and mops.

Toubijoux Industries

Private Equity Round in 1997
Toubijoux Industries is an industrial unit manufacturing gold and silver jewelery created in Senegal in 1997.

Bank of Africa Burkina Faso

Private Equity Round in 1997
Bank of Africa Burkina Faso provides financial services such as banking and insurance.

Linea Industries

Private Equity Round in 1996
Linea Industries offers rewinding and packaging services for sewing and knitting wool.

Bank of Africa Côte D'ivoire

Private Equity Round in 1996
Bank of Africa - Côte D’ivoire provides various banking and financial services in Ivory Coast. It offers banking products, such as demand deposits, savings accounts, and term accounts and cash vouchers; and various loan products, as well as a range of bank insurance products.
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