Leapfrog Investments

Leapfrog Investments is a private equity and venture capital firm founded in 2007, with headquarters in London and additional offices in various locations including Australia and Africa. The firm specializes in late venture, emerging growth, and growth equity investments, primarily focusing on financial services and healthcare sectors. Leapfrog targets businesses that deliver essential services, including mobile payments, insurance, pensions, savings, credit, and retail healthcare distribution. Its investment strategy emphasizes emerging markets, particularly in regions such as Africa and Asia, including countries like Kenya, Nigeria, Ghana, South Africa, India, Indonesia, the Philippines, and Sri Lanka. The firm typically invests between $10 million and $50 million, engaging in both minority and majority stakes, and aims for exits within four to seven years through various methods such as IPOs and trade sales.

Seema Amble

Investment Associate

Stuart Bedford

Partner and General Counsel

Stephen Bowey

Partner

Richard Brandweiner

Partner

Ross McNaughton Brooks

Investor Relation Associate

Tom Brunner

Partner

Alexis Crusey

Senior Manager, Investor Relations

Patrick Duff

Director of Investments

Michael Fernandes

Partner, Global Co-Lead, South and Southeast Asia & Member of Investment Committee

Gary Herbert

Co-Founder, Chief Operating Officer, Board Member & Member of Management & Investment Committee

Grant Karolus

Finance Director

Norman Kelly

Director of Investments

Andrew Kuper

Founder and Chief Executive Officer

Stewart Langdon

Partner & Co-Head

Matthew Lines

Investment Associate

Xenia Loos

Director, Investor Relations & Co-Investments

Nick Moon

Partner, Head of Investor Relations & Co-Investments

Tapiwa Muranda

Investment Officer

Karima Ola

Partner, Board Member & Member of Investment Committee

Felix Olale Ph.D

Partner, Global Co-Lead, Health Investments, Board Member & Member of Investment Committee

Jasvir Pandher

Investment Officer

Jim Roth

Co-Founder and Partner

Michael Walli

Investment Officer

Past deals in Kenya

Pyramid Group

Private Equity Round in 2018
Pyramid Group, founded in 2001 and headquartered in Dar es Salaam, Tanzania, specializes in the distribution of medical devices and pharmaceutical products throughout sub-Saharan Africa. The company provides a wide range of healthcare solutions, including pacemakers, hip replacements, cardiac and orthopedic equipment, and various medical supplies. Its operations extend to several countries, including Tanzania, Kenya, Uganda, Rwanda, Mozambique, Ethiopia, Nigeria, and Ghana. Committed to quality, Pyramid Group achieved ISO 9001:2008 certification in 2013, underscoring its dedication to effective quality management practices. The company partners with internationally recognized brands to offer medical and laboratory equipment, reagents, and healthcare supplies, ensuring that clients have access to essential healthcare products.

Goodlife Pharmacy

Acquisition in 2016
GoodLife Pharmacy is a retail pharmacy chain headquartered in Nairobi, Kenya, serving over 600,000 customers across 19 locations in East Africa. The company specializes in providing a wide range of health and personal care products, including pharmaceuticals and wellness items. In addition to its retail offerings, GoodLife Pharmacy also delivers essential health services such as blood pressure and blood glucose monitoring, body mass index assessments, malaria testing, family nutrition guidance, doctor consultations, and laboratory services. This comprehensive approach enables patients to access affordable and convenient healthcare solutions.

afb

Private Equity Round in 2015
afb is a consumer finance company based in Accra, Ghana, that provides innovative credit solutions to individuals and small businesses across Africa. Founded in 2010, the company operates through four main divisions: cards, loans, mobile, and insurance. Its offerings include mobile money services, unsecured credit products, and various loan options such as payroll and SmartCash loans, specifically designed to support informal market traders. With a focus on leveraging data to understand consumer behavior, afb aims to empower individuals by improving their financial access and helping them enhance their lives. The company has successfully attracted over 300,000 customers in Kenya, Ghana, and Tanzania, and collaborates with over 400 retail partners, including leading mobile network operators.

Resolution Insurance

Acquisition in 2014
Resolution Insurance entered the Kenyan market in 2002 (as Resolution Health East Africa), the first company to be registered as a Medical Insurance Provider (MIP). Resolution Insurance was recognized as Medical Insurance Provider of the Year in 2012 in the Think Business Insurance Awards. Resolution Insurance is licensed as a General Insurer by the Insurance Regulatory Authority (IRA) in 2013. We are licensed to provide Personal Accident, Workmen’s Compensation, Liability, Medical and Miscellaneous classes of General Insurance Business. With 10 years experience, Medical Insurance is their core product. Resolution Insurance has managed the medical needs of over 60,000 members comprising of corporate, social groups, families and individuals through innovative solutions.

Apollo Investments

Private Equity Round in 2011
Apollo Investments Limited provides general and life insurance solutions for individuals, businesses, and organizations in Kenya. Its products include group life assurance, group last expense assurance, group accident disability assurance, group critical illness assurance, group mortgage assurance, group credit life assurance, group pension plans, individual pension plans, and pension annuity plans.