M&A AND
CAPITAL RAISING SERVICES FOCUSED ON AFRICA

Bazaruto Archipelago, Mozambique

>30

transactions closed since 2018

>90%

sell-side success rate

>20

countries with transactions

€1m – €200m

deal size range

Core areas of expertise

Enexus provides M&A advisory services across a wide range of transactions, including sell-side and buy-side mandates for multinationals, family groups, private equity funds and high-growth start-ups. On the sell-side, our work covers both majority transactions – helping multinationals or families fully exit subsidiaries – and minority stake sales. On the buy-side, we support clients in screening markets, identifying targets, and executing acquisitions.

Most of our mandates involve cross-border investment and strategic acquirers, typically multinationals or large family groups. We have successfully attracted investors from a broad range of regions – including the United States, Europe, the Middle East, and Asia – into African markets, positioning us as a leading Africa-focused M&A advisor with global reach.

  • Lien
  • Egestas blandit
  • Arcu in vitae eget auctor

21

Consequat pellentesque tortor morbi pulvinar quis.

21

Consequat pellentesque tortor morbi pulvinar quis.

21

Consequat pellentesque tortor morbi pulvinar quis.

Enexus supports businesses in securing the capital they need to scale, optimize their capital structure, and extend their runway. We arrange both equity and debt financing, with the ability to structure hybrid solutions combining equity, quasi-equity, and debt, tailored to each company’s needs. Our team navigates the complexities of capital markets to deliver financing structures aligned with long-term objectives through financial advisory mandates.

We combine deep knowledge of African markets with access to a broad network of financial investors, including private equity and impact funds, venture capital, specialist mezzanine funds, international development finance institutions, and traditional banks.

  • Lien
  • Egestas blandit
  • Arcu in vitae eget auctor

21

Consequat pellentesque tortor morbi pulvinar quis.

21

Consequat pellentesque tortor morbi pulvinar quis.

21

Consequat pellentesque tortor morbi pulvinar quis.

Awards and recognition

Clients

Enexus advises companies and financial institutions active in Africa, as well as investors seeking opportunities across the continent

Our client base is broad and diverse, comprising multinationals, regional champions, private equity funds, and innovative start-ups. This diversity highlights the versatility of our team and the depth of Enexus’ network.

While we are proud of this track record, we believe our clients’ voices provide the most meaningful perspective.

“Many thanks to the Enexus team for its support in the transaction leading to the sale of Baobab to Beltone. Enexus ran a professional and dynamic process, ensuring a successful exit for one of AXA’s long-standing investments.”
François Robinet
François Robinet AXA Venture Partners, Managing Partner
“The sale of Baobab+ to Biolite represents a key milestone in the evolution of Baobab+ and a strategic move for the Baobab Group. We are proud to have supported the growth of Baobab+ into a leading provider of off-grid energy and digital solutions across West Africa and Madagascar. Enexus brought deep sector expertise and played a pivotal role in shaping and executing a competitive process, culminating in the successful sale to Biolite — a recognized industrial leader in sustainable energy solutions. Enexus’ ability to manage the transaction end-to-end, align stakeholders, and navigate complex cross-border dynamics was instrumental in securing a strong outcome for all parties involved.”
Philip Sigwart
Philip SigwartBaobab, CEO
“Divesting Air Liquide’s activities in 13 sub-Saharan African countries was a long and complex process. Enexus was instrumental to the deal's success through its knowledge of the M&A process and its deep understanding of investor expectations in Africa, especially those of private equity funds. They provided the project team with useful and actionable advice, covering candidate selection, the due diligence process and final contract negotiation.”
Serban Cantacuzene
Serban CantacuzeneVP Africa Strategy
“The sale of Netis is a landmark deal for Enko Capital, and beyond, for the African private equity space at large. This success is the outcome of a conscious strategy by our team to prepare for the exit years in advance, and to organize a full fledge and structured M&A process to stimulate competition. Enexus has been instrumental in assisting us through this rewarding journey.”
Cyrille Nkontchou
Cyrille NkontchouEnko Capital, Managing Partner
"Enexus was instrumental in the sale of Avisen, from the initial decision to sell through to the closing of the transaction. Their support proved to be precious, given our limited experience in this field and the importance of this transaction for our shareholders. They showed remarkable patience and perseverance, guiding us through every step of the process and clarifying the high stakes and implications of our decisions. I would also like to thank Enexus for their commitment during the many hours of negotiations, in an effort to reconcile the occasionally divergent opinions of the various stakeholders."
Papa Seck
Papa SeckAvisen, Manager
“The sale of Castel’s water bottling activity in Ivory Coast has been a turning point for the Castel Group in Côte d’Ivoire, as we reviewed our positioning and decided to divest our PET beverage activities. Passing on this activity and ensuring its continuity was fundamental to us as Awa and Cristaline are historical brands which have become part of the Ivorian daily life. Carving-out added complexity and required us to approach the right buyers, capable of transferring smoothly this activity to their own operations. Enexus played a key role in the process through its understanding of the Ivorian market and the transactional constraints of a carve-out situation. Enexus successfully leveraged its broad network to help us find an investor that met our expectations.”
Laurence Dequatre
Laurence DequatreCastel Afrique, Chief Financial Officer
“Enexus Finance played a key role throughout Group Sahel’s capital raising process, from identifying potential investors through to closing the transaction. Their expertise enabled them to advise me on all issues involved in such a transaction, including the management of financial, legal and tax due diligence, valuation, the structuring of the operation, and the role of various shareholders and managers post-transaction. Enexus’ support in the deal structuring and negotiations was instrumental to the success of the operation.”
Houd Baby
Houd BabyGroupe Sahel, Chairman and founder
view all