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

Past deals in Ghana

DTRT Apparel

Venture Round in 2019
DTRT Apparel Limited specializes in the development and manufacturing of sports and sports-lifestyle apparel, 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 has positioned itself as a cost-competitive supplier for major brands in the United States and the European Union, responding to increased manufacturing costs in China and the subsequent demand for alternative sourcing options. By providing affordable sports apparel, DTRT Apparel meets the needs of brands seeking quality products without compromising on cost.
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