Verdant IMAP is delighted to announce its recognition as Best Advisory Firm: Private Equity at the prestigious Africa Global Funds Awards. The accolade was presented during the Gala Awards Dinner on Thursday, November 14, 2024, at the renowned Mount Nelson Hotel in Cape Town, bringing together leading firms in African private equity and asset management.
This award highlights Verdant’s significant contributions to the private equity M&Aecosystem across Africa. Over the past year, Verdant’s transactions involving private equity have included the sale of the Onix data centre business in Ghana on behalf of Africa Infrastructure Investment Managers, two exits for London-based Africa private equity firm 8Miles (Awash Wines and Biyinzika Poultry Industries Limited in Ethiopia and Uganda respectively), and advising ACA and IFC-backed WIOCC on its JV with Texaf to build the market leading data centre in Kinshasa, DR of Congo. Verdant is currently at advanced stages with respect to six transactions for or with private equity funds, in South Africa, East Africa and West Africa, in sectors including technology, FMCG and manufacturing.
The recognition reinforces Verdant’s commitment to delivering innovative, tailored advisory services and unlocking value for its private equity clients. The firm also advised on notable cross-border transactions, leveraging its position as the IMAP member firm for its region. IMAP, the world’s leading global M&A partnership was established in 1973, has member firms in 50 countries, in total over 600 M&A bankers and completes more than 200 M&A transactions every year. The IMAP global partnership helps Verdant to bridge African and international markets effectively.
The Africa Global Funds Awards honour excellence in Africa’s asset management and private equity industries. Verdant’s recognition as Best Advisory Firm: Private Equity is a testament to its unwavering dedication to driving impactful solutions in challenging and dynamic markets.
With this award, Verdant strengthens its reputation as a trusted partner for private equity and other client groups navigating Africa’s evolving economic landscape. As the firm continues to grow and innovate, it reaffirms its mission to deliver world-class advisory solutions that create lasting value for its clients and the continent.
Africa Fact: Africans carved the world’s first colossal sculpture 7,000 or more years ago. The Great Sphinx of Giza was fashioned with the head of a man combined with the body of a lion. A key and important question raised by this monument was: How old is it? In October 1991 Professor Robert Schoch, a geologist from Boston University, demonstrated that the Sphinx was sculpted between 5000 BC and 7000 BC, dates that he considered conservative.
Gentle Avenger
Fun South African Fact: The Karoo region in the Western Cape is home to some of the best fossils of early dinosaurs. In fact, it is estimated that some 80% of the mammalian fossils found to date were found in the Karoo.
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