MCF initiated a number of private equity ventures in the MEA region
As a corporate finance and investment specialist, MCF has initiated in 2017 a cycle of private equity ventures in the MEA region that will be accompanied and overseen by its team.
INMA Holding: an investment vehicle dedicated to SMEs in Tunisia
INMA Holding was launched in June 2018 with the objective to invest in small and medium-sized companies in Tunisia. The vehicle has an envelope of 50 million Tunisian dinars raised from institutional investors active in Tunisia.
INMA Holding will seek to finance growth and restructuring of existing businesses in all sectors of the Tunisian economy except mainly residential real estate and leisure hotels with an investment ticket size of at least 5 million Tunisian dinars. The vehicle will offer equity and quasi-equity financial instruments tailored to the target company or project needs and the entrepreneur’s constraints.
INMA Finance: a private debt vehicle dedicated to MSMEs in Tunisia
INMA Finance was launched in late 2020 with the objective to invest in micro, small and medium-sized companies in Tunisia. The vehicle has an initial envelope of 35 million Tunisian dinars raised from institutional investors active in Tunisia. Additional funds to be raised from new investors over the next 2-3 years with a target size of 150 million Tunisian dinars.
INMA Finance will seek to directly and indirectly (through financial institutions that finance MSMEs) finance the development of MSMEs in Tunisia and contribute to the economic development with specific impact on employment, social and financial inclusion, leasing, microfinance, environment, etc. with investment ticket size of at least 5 million Tunisian dinars. The vehicle will offer debt and quasi-debt instruments to MSMEs as alternative financing products to complement traditional banks’ offer, hence contributing to the development and further sophistication of the Tunisian financial market.
Specific private equity club deals in Africa
Through its extensive network, MCF is seeking to identify and offer to its diversified financial investors’ base, special African investment opportunities in promising sectors with solid fundamentals along with reliable partners, entrepreneurs, and managers.
These special transactions target investment tickets superior to 10 million US dollars for majority stakes or significant minorities with strong influence on governance and a clear exit strategy over a 5 to 7 years horizon.
MCF handles the required due diligence and negotiates transaction terms. Once structured, such a transaction is syndicated with pre-identified potential co-investors.
Once the transaction is closed, MCF will manage and monitor the investment, will put in place the required qualified management, and also prepare for the exit.