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Capitalworks portfolio in $365m deal

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Capitalworks has facilitated a $365million new round of capital raising for its Africa telecommunications services portfolio company. Smile Telecoms Holdings has raised $365 million in …

Capitalworks in $25m MBO

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Capitalworks Investment Partners has invested $25 million into South Africa’s industrial transportation manufacturer which Robertson and Caine. The investor has acquired a majority stake in …

Capitalworks portfolio in bolt-on

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Capitalworks consumer food portfolio company Rhodes Food Group (RFG) has sealed a deal to wholly acquire South Africa’s food producer Ma Baker Companies. The deal …

TLG & Capitalworks portfolio in IPO plans

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TLG Capital and Capitalworks Uganda-based healthcare drugs production portfolio company Cipla Quality Chemical Industries (CiplaQCIL) is working on an initial public offering (IPO) on the …

Capitalworks backs IQ

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Capitalworks has acquired a significant stake in South Africa-based business services company IQ Business. The financial details have not been disclosed. The investment has been …

Capitalworks backs Aon Africa

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Capitalworks has sealed a carve-out deal to invest in a number of the UK-based business services provider Aon’s operations in Sub-Saharan Africa (SSA). The financial …

Old Mutual FoF returns 14%

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Old Mutual Private Equity (OMPE)’s sophomore fund-of-funds (FoF) has generated five-year annualised returns of 14.4%. The FoF’s underlying investments include funds managed by Capitalworks, Actis, …

Capitalworks in food deal

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Capitalworks is working on plans to acquire a South Africa-based consumer food production company. The deal values the company at approximately $67.4 million (R907 million). …

Africa Capitalworks in US fundraising

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Africa Capitalworks has received regulatory clearance to sell its fund to US-based LPs. Africa Capitalworks Holdings is a permanent capital private equity fund that is …

Capitalworks completes Minet deal

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Capitalworks has completed the acquisition of Sub-Saharan Africa-focused business services provider Minet – a carve-out deal from a UK-based firm. The financial details have not …

Capitalworks in $160m exit

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Capitalworks has signed a deal to exit a South Africa-based industrial products manufacturer, in an approximate $160 million (R2.27 billion) sale. The investor is selling …

Africa Capitalworks gets new LP

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Africa Capitalworks has received a new commitment to its permanent capital private equity vehicle. The African Development Bank (AfDB) is committing $15 million to the …
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