BluePeak invests in Africure Pharmaceutical and targets two other companies

BluePeak invests in Africure Pharmaceutical and targets two other companies

The young alternative asset management firm based in London, Nairobi and Tunis is to provide mezzanine debt support to the generic company Africure, which listed on the Mauritius stock exchange in January 2021. BluePeak is working on at least two new deals in the first half of the year.

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            ▪ BluePeak invests in Africure Pharmaceutical and targets two other companies

▪ The young alternative asset management firm based in London, Nairobi and Tunis is to provide mezzanine debt support to the generic company Africure, which listed on the Mauritius stock exchange in January 2021. BluePeak is working on at least two new deals in the first half of the year.

https://www.africabusinessplus.com/en/811883/bluepeak-invests-15m-in-africure-pharmaceutical-ltd/

Africure Pharmaceutical Ltd will receive significant support to accelerate its development on the continent. BluePeak Private Capital, led by Tunisian-born financier Walid Cherif, co-founder and managing director, will provide up to $15 million of mezzanine debt over five years in the Mauritius-registered company, specialising in the distribution, manufacture and packaging of oral medications (tablets). Further transactions are expected to follow in the first half of the year for BluePeak.

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