Private Equity Africa (PEA) has announced that the Local Financial Advisor of the Decade award has been won by Verdant Capital – IMAP South Africa, which for the second year running also won the Local Financial Advisor Award of 2022.
In their 11th year, the PEA awards are the ultimate accolade of success in the African Private Equity industry. The winners beat stiff competition and were presented with their trophies at the landmark 11th Annual PEA Awards Gala Dinner in London. Verdant Capital – IMAP South Africa achieved the award in recognition for its achievements over the last decade in carving-out a specialization in advising the private capital sector in Africa across, private equity, venture capital, private credit and development finance, having built a track record transacting across all major markets in the sub-Saharan Africa.
Landmark transactions advised by Verdant Capital include: a USD 124 million capital raise for leading pan-African digital infrastructure business, WIOCC (in 2021-22), the sale of leading Nigerian fintech Baxibox to MFS Africa (in 2021), the USD 50 million capital raise programme for Tugende (in 2020-2022), the USD 90 million capital raise for Letshego (in 2018-2019) and USD 51 million sale of Greenbelt Fertiliser to Yara (in 2016).