Private equity investor Adenia Partners Ltd. said it will sell its 100% stake in African payments firms OMOA to Tunisia-based SPE Capital in a deal brokered by Lazard Inc, Bloomberg BNN reported on Wednesday, August 7.
According to the same source, the deal, for an undisclosed price, will complete Adenia’s exit from the €96 million ($105 million) fund that purchased the stake alongside other holdings, head of investor relations Mack Schow said in an interview.
Quoted by the same source, the head of investor relations Mack Schow pointed out that “sales were made to other private equity funds, strategic investors and local companies.”