STORIES OF TRANSFORMATION: As Africa’s middle class continues to grow, private capital is finding opportunities for its service sector. Africa-focused private equity firm Adenia Partners invested in catering business OCS Group back in 2021, when the business had operations spanning Europe, Africa, and the Middle East.

STORIES OF TRANSFORMATION: Quantum computing has been a hypothetical technology since the 1980s. Now, it is beginning to reach commercialisation, with the prospect of transforming areas including drug development, financial modelling, and telecommunications.

STORIES OF TRANSFORMATION: Increasingly, major infrastructure projects require environmental impact assessments (EIAs) before they can be undertaken, a significant opportunity for the firms who conduct them. In February WestBridge completed the sale of environmental consultancy APEM Group, which conducts EIAs, delivering an 11.5x multiple.

STORIES OF TRANSFORMATION: As the world opened up after the pandemic, the construction industry saw a boom in demand. Foundation Building Materials pursued a buy and build strategy to capitalise on this, with an investment from American Securities driving the development of an e-commerce platform to target its specialised customer

STORIES OF TRANSFORMATION: Towns and cities across the country host independent opticians which could benefit from being part of a wider network. All Seas Capital have helped provide exactly that, with its investment in Hakim Group.

STORIES OF TRANSFORMATION: As social life becomes digitised, consumers are increasingly looking for in-person retail experiences which offer a break from the online world. Verlinvest’s portfolio company Insomnia Cookies has utilised this trend to help create value.

STORIES OF TRANSFORMATION: Water access is undeniably strained worldwide. Morgan Stanley Infrastructure Partners used Water-as-a-Service® to help overcome this challenge, with its prior portfolio company Seven Seas Water Group.

STORIES OF TRANSFORMATION: The market for high-quality cat food is growing quickly. By capitalising on this trend and implementing its own value creation strategies, 3i has generated a strong return from its investment in MPM.