Verod Capital Management

Verod Capital Management, established in 2008, is a Nigeria-based private equity firm with an additional office in Ghana. The company specializes in mid-market investments, focusing on growth capital and buyout transactions. Verod targets a diverse range of sectors, including financial services, business services, education, healthcare, agri-business, consumer goods, light manufacturing, and technology. It primarily invests in West African countries such as Nigeria, Ghana, Liberia, and Sierra Leone, with a typical investment size ranging from $3 million to $20 million. Verod seeks majority or significant minority equity stakes in portfolio companies, aiming to hold these assets for four to seven years. The firm is known for its active, hands-on management approach, working closely with management teams to enhance governance, business practices, and profitability, ultimately positioning companies for successful exits.

Daniel Adeoye

Principal and Head, Investments

Trish Amoah-Ntim

Principal, Investments

Malvika Kapoor

Vice President, Investments

Wale Odusanya

Principal, Investments

Danladi Verheijen

Co-Founder and Managing Partner

Past deals in Ghana

DTRT Apparel

Venture Round in 2019
DTRT Apparel Limited is a manufacturer of sports and sports-lifestyle apparel, specializing in a range of products including T-shirts, polo shirts, and athletic shorts for men, women, and youth. The company is headquartered in Accra, Ghana, with an additional office in Del Mar, California. DTRT Apparel focuses on providing cost-competitive products to major brands in the United States and the European Union, which allows these brands to access high-quality sports apparel at affordable prices. As manufacturing costs in China have risen significantly, DTRT Apparel positions itself as a viable alternative for buyers seeking reliable sourcing options in a changing market landscape.
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 Help us improve by flagging any incorrect or outdated information.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.