Transaction Criteria

Batian will invest in small and medium companies in Eastern, Central and Southern Africa. We seek to deploy growth capital of up to US$10 million per investment for an equity stake and management participation. Ideally we are looking for high growth companies, which meet the following criteria:

Investment company criteria:

  • Consumer and service sector focus in areas such as financial, ICT, transportation and logistics, infrastructure services, construction and retail services
  • Revenues up to US$50 million
  • Enterprise Values up to US$25 million

Our geographic focus areas are:

  • Primary focus: Kenya, Uganda, Tanzania, Zambia and Botswana
  • Secondary focus: Rwanda, Mozambique and Zimbabwe

Transaction criteria:

Expansion or growth capital for
  • M&A and acquisitions
  • Capacity expansion
  • Growth working capital

Transaction structures:

  • Significant minority interest or control
  • Board representation and active participation in value creation

At this stage, Batian will not consider investments in:

  • Commodities and extractive industries
  • Primary agriculture
  • Infrastructure
“Batian will seek to invest in high growth companies that are looking for an equity partner to fund their expansion and which can contribute significant management expertise.”