Ethos Private Equity News

Skyscrapers stand on the city skyline looking west from the Carlton Center in Johannesburg, South Africa, Photographer: Dean Hutton/Bloomberg

Private equity firms builds war chest to invest in Africa (Infographic)

Private-equity companies amassed a $4.3 billion war chest for investment opportunities in Africa last year as the global commodity rout and weakening local currencies cut prices of potential target companies.

Eazi Group

Ethos Private Equity pays $97M for control of South African equipment company Eazi Group

Ethos Private Equity Ltd. bought a 65 percent stake in South African equipment rental and sales company Eazi Group Ltd. for 1.6 billion rand ($97 million) in the fifth private-equity investment by its Ethos Fund VI in the past year.

Africa telecoms firm Eaton Towers raises $350M war chest to fund expansion across continent.

Africa telecoms firm Eaton Towers raises $350M to fund expansion across continent

African telecoms company Eaton Towers has raised a $350m war chest to fund expansion across the continent.

Ethos Private Equity

Ethos Private Equity looks north to the rest of Sub-Saharan Africa as private equity shifts focus

Ethos Private Equity said it may conclude its first pan-African transaction by the end of the first quarter as South African buyout firms look for growth north of the country’s borders.

The Carlyle Group, the world’s second-largest manager of alternative investments, invested $147 million for an 18 percent stake in Nigeria's Diamond Bank.

South Africa losing buyout allure to fast-growing Sub-Saharan African rivals

South Africa is no longer the destination of choice for private equity investors seeking to tap returns on the continent.

AutoZone

Ethos Private Equity acquires South African auto parts retailer AutoZone

Ethos Private Equity Ltd. bought a controlling stake in South African closely held automotive-parts retailer AutoZone, the fourth investment through its 7.9 billion-rand ($682 million) Fund VI.

Private Equity in Africa: The Promise and the Challenge

Private Equity in Africa: The Promise and the Challenge

Established African firms and new entrants, small and large, are raising a substantial amount of capital for private investments in Africa.

The Carlyle Group

The Carlyle Group partners with Old Mutual Private Equity to acquire 100% of Tiger Automotive in maiden South Africa deal

Global Alternative Asset Manager The Carlyle Group (NASDAQ: CG) and Old Mutual Private Equity today announced that they have agreed to acquire 100% of South African tyre retailer and wholesaler Tiger Automotive (TiAuto) from Ethos Private Equity and the founders.

Ethos Private Equity

Ethos Private Equity agrees to acquire Nampak divisions for R1.6M ($144M)

Ethos Private Equity confirms that it has entered into an agreement to acquire Nampak’s Tissue, Corrugated and Sacks divisions for a total purchase price of R1 575 million.

Julio Portalatin, CEO, Mercer

Marsh & McLennan to Buy 34% of Alexander Forbes of South Africa

Marsh & McLennan Cos (MMC) will buy a 34 percent stake in South Africa‘s Alexander Forbes Ltd. (AFB) as Africa’s largest independent pension-fund manager prepares to sell shares on the Johannesburg Stock Exchange next month.