BluePeak has partnered with Ethos Mezzanine Partners, to jointly invest USD31.5 million in Grit in a transaction led by Ethos Mezzanine Partners.
The transaction marks the inaugural investment from the BluePeak Private Capital Fund SCSp (the Fund), an impact-linked private credit and mezzanine finance facility raised during the Covid-19 pandemic. BluePeak designs innovative financing solutions to scale mid-sized African businesses.