XSML

XSML, established in 2008, is a Netherlands-based investment management firm specializing in frontier markets in Central and East Africa. It manages USD 65 million, providing growth capital through a combination of debt and equity to small and medium-sized enterprises (SMEs) in sectors such as business services, education, healthcare, and technology. XSML's mission is to facilitate the growth of these SMEs into medium and large enterprises.

Jarl Heijstee

Managing Partner and Co-Founder

12 past transactions

Maison Galaxy

Venture Round in 2019
Maison Galaxy is a rapidly expanding consumer goods and cosmetics retailer based in the Democratic Republic of the Congo, operating 15 branches across major cities including Goma, Kindu, Kinshasa, Kisangani, Lubumbashi, and Matadi. The company is dedicated to enhancing the shopping experience by providing a diverse selection of high-quality products at competitive prices. In line with its customer-centric approach, Maison Galaxy has recently launched a website and mobile application, enabling customers to conveniently browse and purchase products online, thereby reducing the need for in-store visits. With plans to extend its reach to new markets in Cote d'Ivoire and Angola, Maison Galaxy continues to position itself as a leading supermarket chain in the region.

Ecopharm

Private Equity Round in 2018
Ecopharm is a company that operates a chain of pharmacies focused on serving hospitals, clinics, and health centers. The company provides a wide range of products, including branded pharmaceuticals, branded generic medicines, locally manufactured pharmaceuticals, over-the-counter drugs, and personal care and beauty products. By catering to various healthcare facilities, Ecopharm plays a crucial role in the pharmaceutical retail sector, ensuring access to essential medications and health-related items for both healthcare providers and patients.

Qualicoff

Venture Round in 2017
Qualicoff is engages in the distribution of coffee beans to Europe and the United Arab Emirates.

Telcare

Venture Round in 2017
Telcare Ltd is a company based in Kampala, Uganda, founded in 2005. It specializes in the sales and distribution of mobile telecommunication products and services, including airtime distribution and phone repair services. In addition to telecommunications, Telcare develops and distributes various business software solutions, such as enterprise resource planning (ERP) systems, human resource management software, and inventory management software. The company also offers online marketing services, web design and development, and search engine optimization. Furthermore, Telcare manufactures point of sale systems, project management systems, customer relationship management (CRM) systems, and Voice over Internet Protocol (VoIP) solutions.

Monishop

Venture Round in 2017
Monishop SARL is a supermarket retailer located in Kinshasa, Democratic Republic of the Congo. Founded in 2012, the supermarket offers a variety of services and amenities, including a children's play area, a pharmacy, and a restaurant, catering to the diverse needs of its customers.

Kare Distribution

Venture Round in 2017
Kare Distribution provides essential consumer goods intended to serve low income households.

Pop Shop

Venture Round in 2016
Pop Shop is operates Limoncello, an Italian restaurant, and a stationery store retailing to schools and offices.

Ets. B.I.S

Private Equity Round in 2016
BIS manufactures pharma products and specialises in injectable and ophthalmic pharmaceuticals for the mass market in DRC and is planning to expand into household cleaning products.

SO GOOD

Venture Round in 2016
SoGood is the first wholesaler in the Congo focused on the distribution of fresh, frozen and dry good to the hospitality sector (restaurants, hotels, etc) in Kinshasa.

Quickprint

Venture Round in 2014
Quickprint is offers digital printing services to corporate, small- and medium-sized businesses (SMEs), individuals, and NGOs.

Sodep

Venture Round in 2014
Sodep offers its services to corporate and has several petrol stations in Congo.

RJ Trading

Venture Round in 2013
RJ Trading is a trading and wholesale company in Kinshasa and Pointe-Noire which imports and distributes fast moving consumer goods brands, bakery products and pet food.
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