Securing a high value exit in a burgeoning African M&A market
Written by Victor Basta, CEO of DAI Magister
Mergers & Acquisitions (M&A) has long been a vital part of the global financial ecosystem, with the first deal dating back to the 1870s. Until recently Africa hasn’t developed enough companies of scale for successful M&A to drive highly profitable exits, with M&A on the continent accounting for only 2% of global deal value.
However, with Private Equity (PE) funding on the continent decreasing and, more importantly, a whole new crop of African tech-enabled growth companies now reaching continental scale, we are seeing the first indications of a successful M&A exit trend taking shape. To maximize the opportunity, African founders must already begin to prepare their companies to be “bought, rather than sold.” Getting exit pre...