Principal Investment

Capitas is a generalist investor, seeking to invest capital in high growth-potential companies across sectors and jurisdictions.

CAPITAS’ MAIDEN PRINCIPAL INVESTMENT IN NORTH AMERICA

MFG Precast Supply Inc. (“MFG Precast”) is a leading Canadian,manufacturer of architectural precast concrete, pier caps, door and window arches, keystone, and decorative columns.

MFG has been in business for over 20 years and has great reputation with both commercial and residential builders, and has become known for its high-quality products and efficient delivery.

TELECOM INFRASTRUCTURE COMPANY

Capitas team has had first-hand experience investing in a telecoms infrastructure company offering sales & distribution, and operations & maintenance of telecom base stations of over 1,000 towers.

Contribution/Value-Add:

Facilitated the growth of Towers under management from 50 to 1,000 sites within a three-year period. SLAs with a major mobile network operator improved significantly from as low as 66% to over 95%.

As with every investment Capitas’ team was involved with, Capitas championed the institutionalisation of good corporate governance practices within the company.
Capitas also assisted the promoters of the business with various mergers and acquisition discussions to accelerate the company’s inorganic growth plans.

Capitas also assisted the promoters of the business with various mergers and acquisition discussions for both organic and inorganic growth plans.

FOOD AND BEVERAGE COMPANY

Capitas’ team was instrumental to the US$10m investment in a leading manufacturer of biscuit products who also acted as the West Africa contract manufacturer for a Global packaged foods brand.

Contribution/Value-Add:

Capitas’ team led the financial, tax, legal and commercial due diligence as well as the overall investment process.

Introduced new reporting standards and implemented corporate governance practices that helped institutionalize the family-owned business.

Capitas’ team assisted the company in discussions with several Investors and was actively involved the final exit sales process achieving a 44% internal rate of return (IRR).

CHEMICAL AND PAINTS COMPANY

Capitas was involved in the US$8m acquisition of a family-owned market leading specialized chemical company that manufactured critical inputs for the paint industry, and controlled over 50% of production capacity in West Africa.

Contribution/Value-Add:

Actively supported the due diligence and investment process

Instituted best-in-class reporting and corporate governance practices and provided support in discussions with new investors

Actively involved with the exit-sales process, achieving a cash multiple of 2.66x

HEALTHCARE COMPANY

Capitas team led the sourcing and investment of US$5m in a company that provides IVF and Medical Laboratory Services in West Africa.

Contribution/Value-Add:

Led the financial, tax, legal and commercial due diligence and entire investment process in the company, to improve healthcare services in West Africa.

Implemented bespoke reporting standards and corporate governance practices to institutionalize the family-owned business.

Assisted with recruitment of C-level executives such as the COO and the CFO for the company.

INFORMATION TECHNOLOGY SERVICES COMPANY

Capitas team led the investment of US$10m in leading pan-African system integrator and provider of technology services in the areas of hardware, software and network communications.

Contribution/Value-Add:

Led the financial, tax, legal and commercial due diligence as well as investment process

Implemented best-in-class reporting standards and corporate governance practices as well as recruitment of C-level executives which led to significant improvement in profitability.

Guided the listing process of the company on the stock market.