Mediterrania Capital has announced the first closing of its third capital growth fund Mediterrania Capital III at €103 million in November 2017 thanks to the support of most of Mediterrania Capital II investors and some new ones.
Mediterrania Capital Partners (www.mcapitalp.com) focuses on growth investments in SMEs active in North Africa (Morocco, Algeria, Tunisia and Egypt) and in some French speaking Sub-Saharian countries (Ivory cost, Cameroon and Senegal).
Mediterrania Capital Partners plans to complete 3 investments for its Fund III in the coming months. MC III’s second closing is scheduled for mid-2018 with a target of €250 million.
S.O. Capital Advice acts as placement agent for this fundraising.