Selected direct investments
idi EM Partners direct investment program started in 2006. Investments have been made either as pure co-investments alongside local private equity funds or as active minority investors in club deals. Selected direct investments are presented as follows (figures as of end of June 2017).
Investment date: 2007
Status: full exit - 2008
Sector: Retail / Shoes
Founded in 1991, Belle is the number one women’s shoe retailer in China, with more than 20% of the domestic market share. It is engaged in the manufacturing, distribution and retail sales of footwear products. It had its IPO in May 2007.
Investment date: 2011
Status: partial exit / IPO
Founded in 2007, Best is a nation-wide logistics company. It provides supply-chain solutions to online and offline businesses such as express delivery, freight delivery, inventory & warehouse management. It has more than 40, 000 employees with 4m sqm of warehouse and distribution centres.
Investment date: 2012
Founded in 2001, IHS Telecom is the largest telecommunication tower infrastructure provider in Africa. IHS owns towers in Nigeria, Côte d’Ivoire, Cameroon, Rwanda and Zambia where it leases space to Mobile Network Operators.
Investment date: 2015
Country: India, Sri Lanka
Sector: Food / QSR
Sapphire Foods is a food services platform resulting from the joint acquisition of several Yum! franchisees. Its brand portfolio mainly consists of KFC and Pizza Hut. The company operates more than 280 outlets in in India and Sri Lanka and employs over 7,000 employees.
SMS Facility Management
Investment date: 2017
Sector: Business Services
Founded in 1968, SMS is an integrated facility management service provider with focus on offering office services, including housekeeping, staff support and manpower, to large corporations in India. SMS currently has approximately 16,000 employees spread over nearly 5,200 sites.
Atlantic Business International
Investment date: 2017
Sector: Financial Services
Atlantic Business International (“ABI”) is a Côte d’Ivoire incorporated holding company for Groupe Banque Atlantique, a leading financial services group operating in the banking & insurance sectors in francophone West Africa. Founded in 1978, ABI is controlled since 2012 by Banque Centrale Populaire (“BCP”), a listed leading Moroccan bank. ABI employs c.2,000 employees and serve over 700,000 clients via a network of 205 branches.
Funds investments overview
idi EM Partners funds investment program started in 2004. Through our different investment vehicles, we have been able to build a solid portfolio of private equity funds run by experienced and committed local fund managers. The key statistics of our private equity funds portfolio are summarized as follows (figures as of end of June 2017).