Red Med Corporate Finance supported the investment fund GrowthGate Capital in the sale of its stake in Retail Holding, a leader in the distribution of food and consumer goods in Morocco and West Africa.
Following this
transaction, a consortium composed of the International Finance Corporation (IFC), Fipar-Holding and CDG Invest Growth acquired 21.5% of the capital of Retail Holding, alongside its historic shareholders,
Best Financial and Sanam Group.
Karim Souaid, Managing Partner of GrowthGate Capital, said: “This strategic transaction reflects our ongoing commitment to the companies in our investment portfolio and the
development of the region. We had the honor of rigorously supporting the exceptional management of Retail Holding, thus contributing to its success. We would also like to express our
gratitude to our financial advisor, Red Med Corporate Finance, as well as to all those who contributed to the completion of this transaction. »
Abdeslam Ababou, Founding Chairman of Red Med Capital, commented: “This transaction confirms our role as strategic advisor in large-scale transactions that promote the growth of
regional leaders. »
Amine Alami, Partner & M&A Director of Red Med Corporate Finance, added: “We are proud to have supported GrowthGate Capital in this strategic transaction. This demonstrates our
expertise in structuring complex M&A transactions and our ability to collaborate with leading institutional partners to support high-impact investments in
the Moroccan and African economy. »
With more than $12 billion in intermediated transactions, Red Med Corporate Finance has established itself as a leading player in mergers and acquisitions, fundraising and strategic transactions in Morocco and Africa.
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