Browsing: Vantage Capital

Vantage Capital invests US$25 million in Aquasantec International
  • Vantage Capital pumps $25M in Aquasantec International for water, sanitation, and hygiene projects across East Africa.
  • Vantage Capital acquired a controlling shareholding in the Group, while also seeing the disposal of shareholdings by the founding Shah family, the Ramco Group, and Terra Mauricia.
  • The partnership between Vantage Capital and Aquasantec exemplifies the transformative impact that strategic investments can have in the vital sectors of water, sanitation, and hygiene

Vantage Capital, a renowned mezzanine debt fund manager in Africa, has made a significant investment in Aquasantec International. Aquasantec is a manufacturer and distributor of water tanks, pipes, and related products, dedicated to addressing the critical needs of water, sanitation, and hygiene across Eastern Africa.

This strategic investment, totalling $25 million was executed in June 2023, and it encompassed both mezzanine debt and ordinary equity. It will result in Vantage Capital acquiring a controlling shareholding in the Group as part of a …