Ascent Capital Africa
Ascent Capital Africa, established in 2012, is a private equity firm headquartered in Mauritius with offices in Kenya, Ethiopia, and Uganda. The company specializes in investing in small and medium-sized enterprises across Eastern Africa, focusing on sectors such as agribusiness, consumer goods, healthcare, ICT, energy, and manufacturing. It typically invests between $2 million and $15 million, taking a controlling or majority stake, and aims to exit through public listing or sale to other investors within a 10-year period. Ascent Capital Africa targets enterprises with a proven track record and seeks to support their growth and expansion.
Top Stages
Past deals in Kenya
Kisumu Concrete Products
Venture Round in 2017
Kisumu Concrete Products Ltd, founded in 1978, is based in Kisumu, Kenya, and is the largest supplier of construction aggregates and concrete products in Western Kenya. The company manufactures a wide range of products, including concrete blocks, paving blocks, roofing tiles, louvre blocks, fence posts, road kerbs, culverts, paving slabs, road channels, and wall capping, as well as other precast concrete items. Additionally, Kisumu Concrete Products is involved in the mining and quarrying of pozzolana and provides excavation and backfill earthworks services. The company's offerings cater to local and foreign road contractors, housing developers, and construction companies, ensuring they receive tailored services to meet their construction needs.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.