Synergy Capital Managers

Synergy Capital Managers is a prominent private equity fund manager based in Nigeria, established in 2010. The firm manages over US$100 million and specializes in investing in high-growth small and mid-sized enterprises (SMEs) throughout West Africa. With strong local teams, Synergy Capital Managers aims to build industry champions that contribute to local economic growth, create jobs, and enhance the surrounding communities.

Akinwunmi Ajayi

Financial Controller

Akintoye Akindele

Partner

Akitoye Akindele

Partner

Ayodele Arogbo

Partner

Fofi Baimba

Vice President

Kayode Fagoroye

Senior Vice President, Investment

Soba Fubara

Vice President, Portfolio Support

Dinah Hammond

Senior Associate, Investment

Saheed Johnson

Vice President, Portfolio Support

Thelma Kodowu

Senior Associate, Investment

Yinka Odeleye

Partner

Olasunkanmi Oladimeji

Vice President, Investment

Damilola Olawoye

Vice President, Investment

Segun Onakomaiya

Senior Vice President, Investment

Ponmile Osibo

Senior Associate

Kofi Sarpong

Senior Associate

Rebecca Williams

Senior Vice President, Investor Relations

9 past transactions

CloudExchange

Private Equity Round in 2017
CloudExchange is an ICT service provider.

People Productivity Solutions

Venture Round in 2016
People Productivity Solution is a technology-driven professional services firm focused on increasing corporate human capital productivity and organizational positioning within companies operating in various sectors.

Vester Oil Mills Ltd

Venture Round in 2016
Vester Oil Mill Limited manufactures and markets soybean and palm kernel oil.

Suburban Fibre Company

Private Equity Round in 2016
Suburban Fibre Company, Ltd. provides fiber optics based infrastructure for businesses. The company offers enterprise solutions regarding Internet bandwidth, access to unlimited data, and Wi-Fi location based hotspots, as well as video and voice capabilities. Its LEGEND product suite delivers premium content, television, Internet, and voice services through a high-speed fiber optic data connection. The company was founded in 1999 and is based in Abuja, Nigeria.

Africa Terminals Ltd

Private Equity Round in 2016
Africa Terminals Limited provides storage solutions to local and international petroleum products companies.

Curist Pharma

Private Equity Round in 2015
Curist Pharma is a fast growing pharmaceutical integrated value chain business with presence.

Riggs Ventures West Africa

Private Equity Round in 2015
Riggs Ventures West Africa Plc is a Nigerian company engaged in the production of high-quality polypropylene sacks for various applications, including packaging for cement and agricultural products. The company offers a diverse range of products such as laminated cement bags, industrial bags, agricultural produce bags, shopping bags, traveling and storage bags, as well as recycled polypropylene granules. Established in 1993 and based in Lagos, Nigeria, Riggs Ventures West Africa has evolved from its original name, Riggs Securities Limited, to focus on delivering superior customer satisfaction through efficient manufacturing and logistics services. The company's mission emphasizes the importance of personalized service and the creation of exceptional value for its stakeholders.

Viathan Engineering

Private Equity Round in 2015
Viathan Engineering is a Nigerian developer of captive and embedded power solution.

NetPlusDotCom

Venture Round in 2015
NetPlusDotCom is a technology company with solutions in e-commerce, e-payment and digital trends. Their Mission is to use their expertise in software development, digital advancements and business strategy to solve real business problems thereby creating value and accelerating the growth and profitability of their customers. Since starting business in 2009, they have passionately been engaged in R&D process seeking technology solutions to drive value for businesses especially among the small and medium enterprises.