Deal Summary
Vantage Capital, Africa's largest mezzanine fund manager, has invested €66 million in Camusat Holding S.A.S., a French-founded company specialising in telecommunications infrastructure and power systems. The funding aims to refinance debt and expand AktivCo, Camusat's Africa-focused energy services subsidiary. This investment is part of a larger €81 million mezzanine funding round that includes participation from Eurazeo, a leading European investment group. It marks Vantage Capital's 39th investment across four generations of funds, with a portfolio spanning 11 African countries.
Terms:
- Fund Manager: Vantage Capital
- Fund: Vantage Mezzanine Fund IV
- Target: Camusat Holding S.A.S
- Deal Type: Mezzanine Debt
- Investment Amount: €66 million
Deal Rationale
Access to reliable electricity is crucial for consistent digital services and mobile coverage in Africa, where power infrastructure is underdeveloped. Established in 2015, AktivCo partners with telecom tower operators to outsource their energy supply and enhance efficiency by deploying, financing, and operating electricity assets through long-term contracts. Operating in Senegal,
