Phatisa

Phatisa is a private equity and venture capital firm founded in 2002 and headquartered in Mauritius. It specializes in investments in small and medium-sized enterprises, focusing on management buy-outs, expansions, acquisitions, and start-ups. The firm emphasizes sectors such as food and affordable housing across sub-Saharan Africa. Phatisa also invests in real estate projects, primarily targeting affordable and middle-income residential developments alongside mixed-use projects in urban areas. However, it excludes investments in bio-fuels, timber, alcoholic beverages, seed capital, short-term bridging, debt finance, and does not provide grants or soft loans.

Stuart Bradley

Co-Founder and Managing Partner

Valentine Chitalu

Founder and Chairman

Yida Kemoli

Senior Partner of East Africa

Martin Kromat

Senior Partner

Jan van der Merwe

Fund Partner

Duncan Owen

Joint Managing Partner & Co-Founder

Izelle le Roux-Owen

Co-Founder & Partner, Corporate Communications

Eugene Stals

Chief Investment Officer

Paul Wythe

Senior Partner

Past deals in Southern Africa

Kanu Equipment

Acquisition in 2017
Kanu is an African heavy-equipment supplier of purpose-fit equipment, providing quality maintenance and on-the-ground service teams, operating in nine countries across Africa, servicing the agriculture, construction and mining industries. The business has demonstrated strong year-on-year growth by securing new customers attracted to Kanu’s internationally recognised equipment brands and its superior levels of customer service and support.

General Plastics

Private Equity Round in 2015
General Plastics Limited manufactures rigid plastic packaging products. Its products include plastic bottles, pet jars, containers, tubs, closures, caps, labels, preforms, pumps, and injection molding and made to order dies. The company also provides project management, custom molding, color control, and decoration solutions; and product selection, design, support, technical analysis, advice, and after-sales services. It serves pharmaceuticals, beauty and cosmetics, horticultural, agro-industrial, medical, food and beverage, automotive lubricants, chemical, and household product markets. The company exports its products to various countries, such as Tanzania, Uganda, Rwanda, Ethiopia, Madagascar, etc. General Plastics Limited was incorporated in 1977 and is headquartered in Nairobi, Kenya.

Meridian Group

Private Equity Round in 2014
Meridian Group manufactures and distributes fertilizer and trades agricultural commodities.
Farming and Engineering Services Limited distributes agricultural equipment in Malawi. The company offers tractors, generators, implements, and farm support equipment, as well as construction equipment. It also provides parts, maintenance, and after sales services. The company was founded in 1967 and is based in Blantyre, Malawi with branches in Blantyre and Lilongwe, Malawi. It has depots in Nchalo, Dwangwa, and Kayelekera, Malawi.