TPG Growth buys 28% of Asiri Hospital Holdings

By Luisa Beltran — 2 months ago

TPG Growth said Thursday that it has acquired a 28 percent stake in Asiri Hospital Holdings from Actis. Financial terms weren’t announced. Asiri is a multi-speciality private healthcare business in Sri Lanka and is controlled by the Softlogic Holdings Plc.

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Actis sells Globeleq Africa to Norfund and CDC

By Iris Dorbian — 5 months ago

Actis has sold Globeleq Africa, an Africa-based power generation platform to a company owned by Norfund and CDC Group. According to terms of the deal, Norfund acquired a minority stake in Globeleq for a cash consideration of $227 million while CDC already held a majority investment. Goldman Sachs advised Actis on the transaction.

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Actis sells Mouka

By Luisa Beltran — 7 months ago

Actis said Monday that it has sold its majority stake in Mouka Ltd. Financial terms weren’t announced. Mouka, of Nigeria, makes foam spring mattresses, polyurethane blocks, pillows and furniture for consumers in West Africa.

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SunEdison buys Globeleq Mesoamerica Energy

By Luisa Beltran — 8 months ago

SunEdison Inc. said Tuesday that has agreed to buy Globeleq Mesoamerica Energy (GME). Financial terms weren’t announced. SunEdison is buying 70 percent in GME from Actis and 30 percent from Mesoamerica Power Limited. Costa Rica-based GME is a wind energy provider in Central America.

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Actis opens office in Mexico City

By Luisa Beltran — 8 months ago

Actis said Tuesday it has opened an office in Mexico City. Actis focuses on emerging markets with investments in Asia, Africa and Latin America. Other Actis offices are located in Sao Paulo, Cairo, Beijing, Mumbai, Johannesburg, London, Nairobi, Delhi, New York, Lagos and Singapore

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Actis partially exits Edita Food

By Luisa Beltran — 10 months ago

Actis said Thursday it has sold 15 percent of its stake via the IPO of Edita Food Industries. Actis invested US$ 102 million for a 30 percent stake in Edita in June 2013. Edita, an Egyptian snack food maker, is trading on the Egyptian and London stock exchanges.

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Actis commits $230 mln to Ostro Energy

By Luisa Beltran — 12 months ago

Actis said Wednesday it committed $230 million to Ostro Energy, an Indian renewable energy platform. Ranjit Gupta was named CEO of Ostro. The platform’s first project is Tejuva, a 50.4MW wind project, already under construction in the Jaisalmer district of Rajasthan. London-based Actis, with $7.6 billion in funds under management, invests in emerging markets such as Asia, Africa and Latin America.

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Actis invests in Genesis Group

By Luisa Beltran — 1 year ago

Actis has acquired a stake in Genesis Group. Financial terms weren’t announced. Genesis is a grain testing and inspection business in Brazil. Genesis founders, Rodrigo Alves and Henrique Victorelli, will retain a significant stake and will continue to lead the business.

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Actis backs Mexican energy platform

By Angela Sormani — 1 year ago

Actis is committing $250 million to establish a Mexican energy platform, Zuma Energía, which will target over 500 MW of installed capacity in the country. Zuma Energía has completed its first acquisition and closed the financing of PE Ingenio, a 50 MW wind farm located in the state of Oaxaca.

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Actis exits South Africa’s Alexander Forbes

By Angela Sormani — 2 years ago

Actis has realised its investment in Alexander Forbes Group Holdings, a South African diversified financial services company. Actis has sold a 9% stake in an oversubscribed offer through the Johannesburg Stock Exchange, representing over half of its 13% total stake.

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