Aureos Raises U.S. $381 Million For New African Fund

Private equity fund manager Aureos has closed to new investors a fund investing in small and medium-sized businesses in Africa at a total of $381.1 million, the company said on Monday.
The fund aims to make initial investments of up to $10 million in businesses that have potential to expand across Africa within two to three [...]

Aureos Africa Fund raises up to US$317.8 million despite gloomy markets

Focus on small to medium-sized companies with domestic or regional growth potential
Fund has already made nine investments in companies operating across 15 countries

Aureos Africa Fund has increased its funds under management to US$317.8 million, after its initial closing in September 2008. The Aureos Africa Fund is an initiative of Aureos Capital, the private equity fund [...]

Private Equity fund ups Sandbox stake

International private equity company Aureos Capital has paid R66 million to increase its stake in Sandbox.
The deal will see Aureos Capital increase its existing 10% stake to 39% and Sandbox management gaining 20% in the technology service provider. The transaction was funded through the $254 million Aureos Africa Fund and the $50 million Aureos Southern [...]

Medu Capital finds appetite in healthcare

Private equity — traditionally wary of the complex, highly regulated drugs sector — is increasingly scanning the pharmaceuticals industry for value, suggesting scope for sizeable buyouts. PRIVATE equity fund Medu Capital has acquired for an undisclosed sum a 40% equity interest in Medipost Courier Pharmacy and a 40% stake in medical distribution firm Kawari Wholesaler.
Other [...]

Medu Capital takes up a 40% equity stake in Medipost Courier Pharmacy

Medipost was established in 1991 as the first courier pharmacy in South Africa, with a focus on the distribution of chronic medication to patients nationally. Medipost currently processes an average of 140,000 prescriptions per month, making it the largest courier pharmacy in South Africa. Kawari was established in 2004 as a pharmaceutical wholesaler which supplies medicines to various retail and courier pharmacies nationally.

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