CDG Invest Growth

CDG Invest Growth is a private equity firm based in Casablanca, Morocco, established in 2001. The firm specializes in growth investments targeting small and medium-sized enterprises (SMEs) in Morocco and across Africa. It focuses on making majority investments through buyouts, management buyouts, and management buy-ins, while also engaging in minority investments in early-stage, growth-stage, and later-stage companies. With a commitment to fostering the development of SMEs, CDG Invest Growth aims to support businesses in achieving their growth potential within the region.

Jabrane El Aimani

Investment Manager

Yves Cusson

Director, Investments Management

Jabrane Elaimani

Investment Manager

Brahim Guessous

Partner

Hassan Laaziri

Chief Executive Officer

Hicham Maarouf

Chief Financial Officer

Laila Mikou

Investment Director

Hicham Mrimi

Investment Manager

Past deals in North Africa

Trarem

Private Equity Round in 2019
Ste Trarem Afrique SA manufactures and distributes office furniture. It offers chairs, seats, desks, partitions, cabinets, countertops, conference room seats for workspaces. The company was founded in 1957 and is based in Casablanca, Morocco.

Maymana

Private Equity Round in 2018
Maymana is a major Moroccan high-end catering company. Founded in 1985 by Mrs. Naima Berrada Benchakroun with the ambition to help empower women in Morocco, Maymana is today a major high-end catering company also operating in the bakery, pastry and fine grocery sectors. Since its creation, the company made sure to preserve both high and constant quality of its products. Maymana operates a chain of six stores located in Morocco and France, has 300 employees and makes c.MAD80m of annual turnover. Still in portfolio

Techniques Science Santé

Private Equity Round in 2016
Techniques Science Santé is a distributor of high tech medical equipment. For 25 years, T2S has been the leader in the distribution and maintenance of radiology (MRIs, scanners) and radiotherapy equipment (accelerators for oncology) and has today the largest installed base in Morocco. It has since broadened its product range and is now the one stop shop service provider for healthcare projects. It is active in Africa since 2008 and has run projects in Mauritania, Ivory Coast and Mali. The company has revenues of c.m40€ and has 140 employees.

Buzzichelli Maroc

Private Equity Round in 2013
Buzzichelli Maroc is the Moroccan leader in industrial assembly. The Group has developed several busineses (cement, energy, mining,..) and its activities cover Morocco and Africa through business units and several subsidiaries.

BPMI

Private Equity Round in 2012
BPMI is a manufacturer of concrete floor and ceiling solutions.

Decora Premium

Private Equity Round in 2011
Decora Premium is leading company in kitchen distribution. Initially, Decora was importing, distributing and installing kitchens for corporate clients. Since our investment, the company has built a manufacturing plant that produces kitchens locally. Decora also developed the B2C channel to access the customer directly.

Intelcia Group

Private Equity Round in 2010
Intelcia Group S.A offers call center services. The company is based in Casablanca, Morocco. As of September 5, 2016, Intelcia Group S.A operates as a subsidiary of Altice N.V.

Jet Contractors

Private Equity Round in 2009
Jet Contractors is one of the leading players in construction in Morocco. During our holding period, the company has developed several businesses related to building activities. The Group operates several sites in Morocco and Europe and has participated in major projects in Morocco and Africa. The company was successfully listed in 2011 and is expanding its activities on the african continent.

Newrest

Private Equity Round in 2007
Newrest is a prominent provider of catering and hospitality services across various sectors, including airline catering, rail catering, and contract catering. The company specializes in a wide array of services such as buy-on-board, duty-free operations, and support services for high-speed trains and night trains. Founded in 1982 and headquartered in Madrid, Spain, with an executive office in Toulouse, France, Newrest operates as a subsidiary of Newrest Group International S.A.S. It distinguishes itself by offering comprehensive logistics and consulting services, catering not only to airlines but also to healthcare, education, and remote sites. With a focus on continuous improvement and innovation, Newrest aims to enhance the experience of its clients while supporting the well-being and development of its employees.

Juice & Nectar Partner

Private Equity Round in 2006
Juice & Nectar Partner operated in the production and distribution of orange juice on the local market.After three years of activity, we shifted the business model to the exportation of organic citrus juices.

Group Aixor

Private Equity Round in 2006
Group Aixor operates several businesses including printing, media and industrial distribution.

Finapack

Private Equity Round in 2003
Finapack operates as a manufacturer of cardboard packaging.

Aeronautique Sefcam

Private Equity Round in 2003
Aeronautique Sefcam is specialized in surface treatment for the European aeronautical industry.