Articles from Adenia Partners

Adenia and Proparco to Sell OCS Group’s Activities in Morocco and Senegal
Adenia Partners (“Adenia”), a leading private equity firm in Africa, together with Proparco, has signed an agreement to sell OCS Group’s operations in Morocco and Senegal to a consortium led by Morocco’s Retail Holding, alongside pan-African investment fund Amethis.
By Adenia Partners · Via Business Wire · January 29, 2026
Adenia Partners Makes First Majority Investment in Egypt with Acquisition of Parkville Pharmaceuticals
Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has signed definitive agreements to acquire a majority stake in Parkville Pharmaceuticals from Admaius Capital Partners (“Admaius”), a prominent Africa-focused private equity firm, alongside Dr. Sherif Bassiouny, Chairman of Parkville, and Dr. Mahmoud Farrag, CEO of Parkville. Parkville is a leading Egyptian healthcare and pharmaceutical company active in the pharmaceutical, cosmeceutical, and nutraceutical sectors. The transaction is subject to customary closing conditions and regulatory approvals. Financial terms were not disclosed.
By Adenia Partners · Via Business Wire · January 26, 2026
Adenia Partners Extends Pan-African Presence with Egypt Expansion
Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has extended its presence in North Africa by establishing on-the-ground representation for the firm in Egypt. The location is Adenia’s eighth on the continent, reflecting its deep commitment to responsible investing and a sustainable Africa.
By Adenia Partners · Via Business Wire · October 8, 2024
Adenia Sells Leading African Payment Industry Player to SPE Capital
Adenia, a leading private equity firm focused on growth opportunities in Africa, has finalized the sale of its 100% equity stake in OMOA Group (“OMOA”) to SPE Capital, a private equity firm focused on the Middle East and Africa. Founded in 1999, OMOA is the leading integrated service provider for the payments industry in West and Central Francophone Africa. The sale of OMOA is the eighth and final exit from Adenia’s €96 million fund Adenia Capital (III), which is now fully liquidated.
By Adenia Partners · Via Business Wire · August 7, 2024
Erium Launches as Leading Pan-African Industrial and Medical Gases Brand
Adenia Partners “Adenia” has completed the acquisition of Air Liquide's operations in 12 African countries, giving birth to Erium, the first pan-African leader in industrial and medical gases. Effective immediately, Erium will replace the Air Liquide brand in Benin, Burkina Faso, Cameroon, Congo, Côte d’Ivoire, Gabon, Ghana, Madagascar, Mali, the Democratic Republic of Congo, Senegal, and Togo.
By Adenia Partners · Via Business Wire · July 23, 2024
Adenia Closes Fifth Flagship Fund Oversubscribed at $470M
Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has successfully closed its fifth fund, Adenia Capital V (the “Fund”, “AC(V)” or “Fund V”) at its $470 million hard cap. The Fund, which was significantly oversubscribed, attracted commitments from new and existing investors globally.
By Adenia Partners · Via Business Wire · April 3, 2024
Adenia to Acquire 12 Air Liquide Subsidiaries in Africa
Adenia Partners (“Adenia”), a leading private equity firm that has been making responsible and sustainable investments in Africa for over 20 years, has signed an agreement with Air Liquide, world leader in industrial and medical gases, for the acquisition of 12 of its subsidiaries in West and Central Africa and the Indian Ocean.
By Adenia Partners · Via Business Wire · March 14, 2024
Adenia Partners Announces Acquisition of the Courier Guy to Enhance Last-Mile Delivery Services in South Africa
Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has acquired 100% of The Courier Guy, a leader in last-mile delivery and express parcel (CEP) services in South Africa, alongside co-investors DEG, Proparco, and South Suez. This acquisition, made through Adenia Capital (V) LP, marks the second investment of Adenia’s fifth flagship fund, Adenia V, and demonstrates the firm’s commitment to the fast-evolving last-mile delivery landscape in South Africa. Financial terms of the transaction were not disclosed.
By Adenia Partners · Via Business Wire · March 1, 2024
Adenia Announces First Investment for Fifth Flagship Fund
Adenia Partners (“Adenia”), a private markets investment firm committed to responsible investing and a sustainable Africa, has completed a majority investment in Enfin, a solar financing solutions provider serving commercial and industrial clients across South Africa, as the first investment from its fifth flagship fund (“Adenia V” or “the Fund”).
By Adenia Partners · Via Business Wire · October 10, 2023
Adenia Appoints Head of Investor Relations as Firm to Exceed Fund V Target
Adenia Partners (“Adenia”), a private markets investment firm committed to responsible investing and a sustainable Africa, is pleased to announce that the firm has appointed Mack Schow as its Head of Investor Relations.
By Adenia Partners · Via Business Wire · September 6, 2023
Adenia Partners Announces $300 Million First Close for Fund V
Adenia Partners (“Adenia”), a private markets investment firm committed to responsible investing and a sustainable Africa, is pleased to announce the first close of its fifth flagship fund, Adenia Capital (V) L.P. (“Adenia V” or “the Fund”), with $300 million commitments from investors.
By Adenia Partners · Via Business Wire · January 31, 2023