Adenia Partners bags treble awards

Multinational Private Equity Fund Managers, Adenia Partners has won three awards at the 5th Annual Private Equity Africa (PEA) Awards held in London.

The awards Exit of the Year, Portfolio Company of the Year and House of the Year, the firm’s second successive feat, underlines its reputation as a formidable industry player that focuses on growth opportunities and mid-cap buyouts.

The PEA Awards celebrates the best-in-class achievements of investors and advisors in Africa’s private equity industry.

The ultimate winners were chosen by an independent panel of highly respected industry participants, selected from a shortlist of nominees prepared by the London Business School Institute of Private Equity

Established 14 years ago, Adenia Partners is a private equity management firm that invests in some of Africa’s most promising businesses. Through three fund vehicles, Adenia manages $200 million of assets.

Nnennia Ejebe, Principal at Adenia Partners, in a statement issued in Accra said “We feel very honoured at Adenia to receive these prestigious awards in recognition of the continuing strong performance of our funds. Let me thank our portfolio companies for their contribution, our team for their dedication and hard work, and our investors for their support and trust.”

Charles Boatin, Investment Manager at Adenia, said “We are now, more than ever, committed to creating sustainable value not only to our investors but to Africa as a whole.”

In her remarks, Gail Mwamba, Awards Chair and Editor of Private Equity Africa, said; “As the dynamic private equity market in Africa continues to go from strength to strength, this year’s awards have distinguished the innovative investment and advisory work and some of the region’s most transformative deals over the last year.”

“The results that the award winners have achieved in the last year truly demonstrate the immense opportunity in African private equity. Congratulations to Adenia Partners and all the winners for this year and we look forward to gathering again next year,” he said.

By Times Reporter

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