Enexus acted as M&A fundraising advisor to Ascent Capital on the equity fundraising of its Ascent Rift Valley Fund II (“ARVF II”) from private investors

About ARVF II

ARVF II is a private-equity fund investing in Africa, with a focus on fast-growing SMEs in East Africa. The fund focuses on majority or large minority growth capital and buy-out capital investments in Africa (Ethiopia, Kenya and Uganda, with opportunistic investments in Tanzania and Rwanda). The fund is managed by Ascent Capital and has reached its final closing in July 2022, with a total size of USD 128m. 

About Ascent Capital

Ascent Capital is a fund manager in East Africa. Ascent counts with a strong track record in various industries including manufacturing, consumer goods, healthcare and financial services.

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