PRIVATE EQUITY - Bowmans Law · funds entities in the energy sector, in its bid to expand its...

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PRIVATE EQUITY

Transcript of PRIVATE EQUITY - Bowmans Law · funds entities in the energy sector, in its bid to expand its...

Page 1: PRIVATE EQUITY - Bowmans Law · funds entities in the energy sector, in its bid to expand its portfolio and finance a renewable energy company, being d.light design Inc. d.light design

PRIVATE EQUITY

Page 2: PRIVATE EQUITY - Bowmans Law · funds entities in the energy sector, in its bid to expand its portfolio and finance a renewable energy company, being d.light design Inc. d.light design

BOWMANS

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04 OurFirm

05 OurFootprintinAfrica

06 OurPrivateEquityPractice

14 AfricaPrivateEquityNewsApp

16 Accolades

18 KeyContacts

Contents

Private Equity

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Our Firm

Ourtrackrecordofprovidingspecialist

legalservicesinthefieldsofcorporate

law,bankingandfinancelawanddispute

resolution,spansoveracentury.

WithnineofficesinsevenAfricancountries

andover400specialistlawyers,wedrawon

ouruniqueknowledgeofthebusinessand

socio-politicalenvironmenttoadviseclients

onawiderangeoflegalissues.

Everywherewework,weofferclientsa

servicethatuniquelyblendsexpertiseinthe

law,knowledgeofthelocalmarketandan

understandingoftheirbusinesses.Ouraim

istoassistthemtoachievetheirobjectives

assmoothlyandefficientlyaspossiblewhile

minimisingthelegalandregulatoryrisks.

Ourclientsincludecorporates,multinationals

andstate-ownedenterprisesacrossarangeof

industrysectorsaswellasfinancialinstitutions

andgovernments.

Ourexpertiseisfrequentlyrecognisedby

independentresearchorganisations.We

receivedawardsinthreeoutoffourcategories

attheDealmakersEastAfricaAwardsfor

2019:toplegaladviserintheM&ACategory

forbothdealflowanddealvalue,andadvised

ontheDealoftheYear.IntheDealmakers

SouthAfricaAwardsfor2019,wewereplaced

thirdfordealvalueintheM&ACategoryand

advisedonboththeDealoftheYearandthe

BEEDealoftheYear.

We help our clients overcome legal complexity and unlock opportunity in Africa.

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Our Footprint in Africa

Mozambique

Kenya

Tanzania

South Africa

Nigeria

Uganda

Mauritius

Best friends

Bowmans offices

Significant transaction or advisory experience

Alliance firms

Ethiopia

Weprovideintegratedlegalservices

throughoutAfricafromnineoffices

(CapeTown,DaresSalaam,Durban,

Johannesburg,Kampala,Lilongwe,Lusaka,

MokaandNairobi)insevencountries

(Kenya,Malawi,Mauritius,SouthAfrica,

Tanzania,UgandaandZambia).

Weworkcloselywithouralliancefirm,

AmanAssefa&AssociatesLawOffice,

inEthiopia,andourbestfriendsinNigeria

andMozambique(UdoUdoma&Belo-Osagie

andTacianaPeãoLopes&Advogados

Associados,respectively).Wealsohave

strongrelationshipswithotherleadinglaw

firmsacrosstherestofAfrica.

WearerepresentativesofLexMundi,aglobal

associationwithmorethan160independent

lawfirmsinallthemajorcentresacrossthe

globe.Thisassociationgivesusaccesstothe

bestfirmsineachjurisdictionrepresented.

Malawi

Zambia

Private Equity

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Weprovideafullrangeofbespokeupstream

anddownstreamservicestotheprivate

equityindustry,includingprivateequity

housesandlimitedpartnersacrossAfrica.

FUND FORMATION

Wespecialiseinstructuringandforming

privateequityfundswhosegeographic

mandateisfocusedwithinAfrica.Wehave

extensiveexperienceinrepresentingboth

privateequityhousesandlimitedpartners.

Wedevisebespokestructuresthatmeetthe

needsofinvestors,andtakeintoaccountthe

natureoftheinstrumentsandtheindustries

inwhichthefundswillinvest.

Weassistinselectingtheappropriate

jurisdictionforthedomicileofthefundfrom

ataxandlegalperspective;instructuring

carriedinterestplans;andindraftingand

negotiatingfundagreements.

Wealsoprovideexchangecontroladviceand

assistinobtainingtherequisiteapprovals(for

SouthAfricaninvestorsandfunds).Wehelp

clientsobtaintheregulatorylicencesand

approvalsrequiredtoactasfundmanagers.

Someofthesignaturefundswehaveworked

onrecentlyinclude:

• 4DiExponentialTechFundI

• AfricaPropertyDevelopmentManagers

LtdandGatewayDeltaDevelopment

HoldingsLtd

• Agri-VieFundII

• EthosPrivateFundVI

• EvolutionII

Our Private Equity Practice

• InternationalHousingSolutions

FundII–SouthAfrica

• InternationalHousingSolutions

FundII–Sub-SaharanAfrica

• KloofCapitalRealEstateFund

• MakalaniFundII

• PhatisaFoodFund2

• ProgressionCapitalEastAfrica’s

setupinKenya

• RPCaymanFundLP

• SanariVenturesFundI

• SouthSuezAfricaFundII

• StanlibAfricaDirectProperty

DevelopmentFund

ACQUISITIONS AND EXITS

Wehavealonghistoryofadvisingprivate

equityfundsonallaspectsoftheir

mergersandacquisitions(M&A)activity.

Wearecommercialinourapproachand

innovativeinfindingsolutionsthatbalance

theneedsofdifferentinterestgroups.

Onacquisition,weassistwithdue

diligence,structuring,draftingand

negotiatingacquisitiondocuments

andobtainingregulatory(including

competition)approvals.Wealsoassistwith

managementincentivearrangementsand

negotiatingfinancingagreements.

Ourextensiveexperiencehelpsusto

createsolutionstoshareholderissues

andtocraftshareholdersagreements

thatprotecttheinterestsofdifferent

stakeholdersinportfoliocompanieswhile

optimisingexitopportunities.

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Wehavebeeninvolvedontheexitsidein

numerousauctionprocesses,proprietary

salesandIPOsandlooktoassistourclients

inachievingacleanexitthatminimises

post-transactionliabilityandmaximises

valueforall.

Productinnovationintheprivateequity

andtaxspaceincludestheuseof

artificialintelligenceinourduediligence

competencyandtheconsiderationof

exitimplications(so-called‘pre-sale’

diagnostics)wellinadvanceofportfolio

companyexits.

Ourclientsrangefromprivateequity

andventurecapitalhousestoinvestors,

management,banksandfinancial

institutions,throughoutAfricaand

worldwide.

Bowmans was named Single Deal Advisor (Legal) at the Private Equity Africa Awards in 2017, 2018 and 2019. The firm was also recognised as Local Legal Advisor of the Year by the same organisation in 2017 and 2019.

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Private Equity

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Recent transaction highlights, include advising:

AFRICAWIDE

ANGOLA, KENYA, LESOTHO, MALAWI, MOZAMBIQUE, NAMIBIA, SWAZILAND, TANZANIA, UGANDA AND ZAMBIA.

CapitalworksPrivateEquityon

itsacquisitionofAonplc’sshareholding

initsAfricaninsurancebrokerageand

employeebenefitoperationsinAngola,

Kenya,Lesotho,Malawi,Mozambique,

Namibia,Swaziland,Tanzania,Uganda

andZambia.

MAURITIUS

PhatisaFundManagersLtd,

throughitssubsidiary,AgricolaAfrica

Ltd,ontheincreaseofitsstakein

MauritiancompanyKanuEquipment

from40%to88.8%,througha

subscriptionforfurthersharesin

Kanuandarepurchaseofsharesheld

byTorreInternationalHoldingsand

JSE-listedentityTorreIndustriesin

Kanu.Asaresultofthetransaction,

TorreInternationalisnownolongera

shareholderinKanu.In2016Phatisa,

throughAAF,acquireda40%stake

inKanu,whichwealsoadvisedon.

NIGERIA

InvestecAfricaFrontier

PrivateEquityFund2onthedisposal

ofitsshareholdinginaNigerian

FMCGcompany.

BOTSWANA

StandardCharteredPrivate

EquityonthedisposalbyStandard

CharteredPrivateEquityand

DevelopmentCapitalPartnersoftheir

72%stakeinKAMOSODistribution

(basedinBotswana)toInvestecAsset

ManagementandRMBVentures.

UGANDA

Aconsortiumcomprising

CatalystPrincipalPartnersLLCand

StandardCharteredPrivateEquity

(Mauritius)IIILtdontheacquisitionof

HarrisInternational,aleadingfoodand

beveragecompanyinUganda.

EAST AFRICA

Abraaj,actingaslocal

counsel,ontheacquisitionof100%

oftheissuedsharecapitalofJava

HouseGroup,EastAfrica’slargest

restaurantgroup,fromECPAfricaFIII

InvestmentsLLP.

SEYCHELLES

FungAfricaFund(I)Ltd,

anAfricaninvestmentfirminvesting

throughSinoGuruLtdandSKC2

PCC,onaUSD4millioninvestmentin

MegafoodsLtd,aSeychellescompany

whichwhollyownsInterstratLtd,a

Kenyancompanywhichistheowner

andoperatorofseveralrestaurant

chainsandbrandsinKenyaincluding

BigSquare,PizzaMojoandSquare

Cafe.Interstratcurrentlyhasnine

outletsinKenyaandislookingto

expanditspresenceinKenyato

additionallocationsoverthenext

fouryears.

KENYA AND UGANDA

AfricaHealthFundLLConits

exitsfromNairobiWomen’sHospital

andAvenueHospitalGroup,andalso

onitsinvestmentsinagreenfield

cardiachospitalinKenyaandin

LusakaTrustHospitalinZambia.

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MAURITIUS

ANGOLA

NIGERIA

SWAZILAND

NAMIBIA

BOTSWANA

KENYA

UGANDA

ETHIOPIA

LESOTHO

SOUTH AFRICA

MALAWI

ZAMBIA

MOZAMBIQUE

TANZANIA

SEYCHELLES

ETHIOPIA

Aureosonitsinvestment

andsubsequentexitfromDashen

Breweriesplc,anEthiopian

alcoholicbeveragemanufacturer,

aspartofaconsortiumofinvestors

puttogetherbyDuetCapital.

KENYA

ARMCementLtd,based

inKenya,ontheUSD140million

InvestmentbyCDCGroupplc

inARMCementLtd.

BOTSWANA AND SOUTH AFRICA

TheRiseFundmanaged

byTPGGrowthonitsacquisition

ofapproximately34%ofthe

sharesinWildernessHoldings,

aleadingecotourismcompany

listedontheBotswanaand

Johannesburgstockexchanges.

KENYA, MAURITIUS, NIGERIA, TANZANIA, UGANDA AND INDIA

InspiredEvolution,an

Africaninvestmentadvisory

firmthatspecialiesintheenergy

sectorandthatpredominantly

fundsentitiesintheenergy

sector,initsbidtoexpandits

portfolioandfinancearenewable

energycompany,beingd.light

designInc.d.lightdesignInc.is

anAmericancorporationwith

subsidiariesacrossdifferent

countries(Kenya,Mauritius,

Nigeria,Tanzania,Uganda,India)

intherenewableenergysector,

particularlysolarenergy.

Private Equity

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SOUTH AFRICA

• 4D Innovative Capital (Pty) Ltd in

relationtotheestablishment4DiCapital

FundIII(theFund)andtheadmissionof

TheSASMEFundLtdasalimitedpartner

oftheFund.

• Capitalworks,aleadingAfrica

focusedandbasedprivateequityfirm,

inrelationtoitsacquisitionofAon’s

shareholdingin10employeebenefit,

insuranceandreinsurancebrokerage

operationsinAngola,Kenya,Lesotho,

Malawi,Mozambique,Namibia,Swaziland,

Tanzania,UgandaandZambia.

• SouthAfricancounsel(on

instructionfromCliffordChance)tothe

Carlyle Groupinrelationtotheacquisition

ofAustralianvinterAccoladeWines

LtdfromChampPrivateEquityand

ConstellationBrandsInc.

• EthosinitsacquisitionofBrait's

stakeinPrimedia;itsacquisitionofastake

inEatonTowers;anditsdisposalofIdwala.

• Exeo Fund Advisors (Pty) Ltd

inrelationto:(i)theadmissionofthe

IndustrialDevelopmentCorporationof

SouthAfricanLtdasalimitedpartnerto

anencommanditepartnership,which

wasoriginallyestablishedasafeeder

partnershipthroughwhichSouthAfrican

investorscouldinvestinthemainfundin

Mauritius;(ii)aco-investmentarrangement

intermsofwhichtheSouthAfrican

partnershipwillmakeco-investmentsinto

SouthAfricanassetsinparallelwiththe

MauritianFund;and(iii)therestructuring

ofthegeneralpartneroftheSouthAfrican

partnership,includingtheadmissionof

KuhleCapital(Pty)Ltd,theKaraanFamily

TrustandKateMolotoas.

• FineLineinrelationtoitsacquisition

of100%oftheissuedsharecapitalin

TraderPlus(Pty)Ltd(TraderPlus).We

wereinstructedtoconductthedue

diligenceonTraderPlusanddraftthe

transactiondocumentsrequiredtobe

enteredintoinordertogiveeffecttothe

transaction.

• Allthestakeholdersonthe

restructureofTheHouseofBusby’s

businessanddebtbywayofasaleofthe

entirebusinessofThe House of Busbytoa

newlyincorporatedentity.

• TheshareholdersofIdwala Industrial Holdings Ltd(whichincluded

EthosPrivateEquityFundVandOld

Mutual)withrespecttothedisposalofthat

companytoInvestecPrivateEquity.The

transactionwasamulti-billionranddealin

thesensitiveminingarenainSouthAfrica.

• Inspired Evolution Investment Management (Pty) Ltd/ Evolution II (Mauritius) LPinitsprimaryinvestmentof

USD25millionandsecondaryinvestment

ofUSD15millionintod.lightdesignInc.,

whichprovidesaffordablesolarenergy

productsandsolarpoweredsolutionsin

thedevelopingworld.

• Investec Africa Frontier Private Equity Fund GP Ltd (IAM)inrelationtoa

USD18millionMezzanineFacility

AgreemententeredintowithAshwah

HoldingsLtd(Ashwah)intermsofwhich

Ashwahrepurchasedsharesheldinit

byIAM.

• Jaxson 653,ashareholderof

SphereHoldings,inrespectof(i)a

repurchaseofallofthesharesheldbyRMB

PrivateEquityinSphereHoldings;and

(ii)anissueofsharesbySphereHoldings

toJasentand(iii)Jaxson'sacquisitionof

allofthesharesheldbyJasentinSphere

Holdings.

• ShareholdersofMedhold Medical onthedisposalofa50%interesttoOld

MutualPrivateEquity.

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• mPharma Africa B.V. inrelationto

itsinvestmentinHaltonsLtdbywayof(a)

asharepurchasefromanexitingprivate

equityfund,(b)asharesubscriptionand(c)

aloan.

• Ascounselforthepurchaser,we

carriedoutlegalduediligenceonthetarget

company,preparedandnegotiatedthelegal

documentation,submittedamergerfiling

andadvisedmPharmagenerallyonvarious

legalaspectsofthetransaction.

• Rockwood,beingthelargest

shareholderandfunderinTseboHoldings

(Pty)Ltd,inthedisposalofTseboto

Wendel.Foundedin1971,Tsebowas

acquiredbytheRockwood-ledconsortium

inasecondarybuy-outin2007.Atthetime,

Tsebowastheleadingempoweredcontract

outsourcingbusinessinSouthernAfrica.

Tseboisnowthelargestdiversifiedcontract

facilitiessolutionsproviderinAfricawith

apresencein22countries,employing

34000peopleandgeneratingrevenue

ofapproximatelyZAR6.5billion.This

transactionwasnominatedandshortlisted

asPrivateEquityTransactionoftheYear2016byDealMakersSouthAfrica.

• RMB Ventures Seven (Pty) Ltd and BoE Private Equity Investments (Pty) Ltd inrelationtothesaleofaportionof

AscendisHealthLtd'sBiosciencesDivision.

Thetransactionwastwo-foldintheform

ofasaleofbusinesses/assetsandsale

ofshares,fordifferententitiesinthe

BiosciencesDivision.

• Sanari Capital,aSouthAfrican

privateequityinvestmentfirm,inrelation

toitsinvestmentinandtherestructuring

ofeducationcompanyEdulifeGroup,the

largestindependentschoolgroupinthe

FreeState.Theinvestmentwillexpandthe

existingforprofitandnon-profitschools,

improvefacilitiesandfundtheroll-outofan

additionalschool.

• Sebastiano Lorio and Angela Cinquinaontherestructuringandpart-

disposaloftheirbeneficialinterestsinCargo

Compass(SouthAfrica)(Pty)Ltd.

• OnthedisposalbyStandard Chartered Private Equity and Development Capital Partnersoftheir72%stakein

KAMOSODistribution(basedinBotswana)

toInvestecAssetManagementand

RMBVentures.Thetransactionvalueis

confidentialbutsignificant.Thistransaction

wasshortlistedbyDealMakersinSouth

AfricaasPrivateEquityDealoftheYear2018.

• Trinitas Private Equity Partnership,

aSouthAfricanencommanditepartnership

representedbyTrinitasFundGeneral

Partner(Pty)Ltdinitscapacityasultimate

generalpartnerofthepartnership,ofa

USD300millionmajoritystakeinAutoX

(Pty)LtdfromPowertechIndustries(Pty)

Ltd(transactionvaluesignificant).

• Agroupofprivateequitypurchasers

inrelationtotheacquisitionofValeant Pharmaceuticals InternationalInc'siNova

Pharmaceuticalsbusinessinatransaction

affectingAustralia,SouthAfricaandAsia

andvaluedatUSD930million.

Private Equity

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Recenthighlightsofourexpertiseinfund

formationincludeadvising:

• AscensionCapitalPartners(Pty)Ltdthe

fundmanager,inrelationtotheformation

ofAscensionFundNo3(Pty)Ltd.

• EvolutionIIFundinrelationtothe

admissionofAfricanDevelopmentBank

(AfDB)andSwedfundasinvestorstothe

EvolutionIIFund.

• AscensionCapitalPartners(Pty)Ltdthe

fundmanager,inrelationtotheformation

ofAscensionFundNo3(Pty)Ltd.

• TheformationofAfricanAgricultureFund

II,includingthenegotiationofitsOPIC

financefacility.Werepresentedthefund

manager.Theinitialclosewasover

USD100million.

• ThefundmanagerofAgri-VieFund

IIinrelationtotheadmissionof

AgrialEnterprise,SocieteIndustrielle

CommercialeetdeParticipation(SICOPA)

andTeollisenYhteistyonRahastoOy

(FinnFund)asinvestorstotheAgri-Vie

FundII.

• InspiredEvolutionInvestment

Management(Pty)Ltd,inrelationtothe

formationoftheEvolutionII(Mauritius)LP

Fundandvariousclosings.

• MpandeFundManagersinrelationtothe

formationofMpandeRealEstateFund.

• TrinitasPrivateEquitywithrespecttoits

realestateandprivateequitypermanent

capitalvehicles.

• HarithGeneralPartnerwithrespecttothe

restructureofitsinfrastructureFund.

• InternationalHousingSolutionswith

respecttotheestablishmentoftheir

Namibianfund.

• SASMELtdwithrespecttotheDigital

AfricaVenturesFund.

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TAX

Withthegrowinginterestinsoliciting

investmentfromAfricaninstitutionalinvestors,

weprovideadviceonthetaxandregulatory

frameworksinnumerousAfricanjurisdictions.

Ourtaxservicestotheprivateequityindustry

includeadviceonfundestablishmentand

structuringaswellasportfolioduediligence

(auniqueofferingwithinalawfirm)and

structuring.

Weadviseonoptimaltransactionstructuresfor

acquisitionsandexitsandspecialiseinefficient

structuringforcarriedinterestandportfolio

companymanagementincentiveschemes.

At the Africa Global Funds Awards in 2019 Bowmans was named the winner in the Best Legal Services: Private Equity Category. This follows its 2018 accolades of Best Tax Advisory Firm and Best Legal Services: Private Equity Firm.

Private Equity

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Weareoneofthreemajorindustryplayers

whohavejoinedhandstosupportprivate

equityandtheAfricaninvestmentindustry-

at-largewithaninnovativedigital

informationplatform.

Bowmans,SouthernAfricanVentureCapital

andPrivateEquityAssociation(SAVCA)and

StandardBankareexclusivesponsorsofthe

AfricaPrivateEquityNewsApp(AfricaPE

News),awell-establishedone-stopmobile

informationhub.

AfricaPENewsoffersusersdailyhandpicked

transactionandfundraisingnews,insightful

featurearticlesandrevealinginterviews

withleadingdealmakersfromacrossthe

continent.Theplatformalsoprovidesaccess

toindustrynecessitiessuchasinternalrate

ofreturncalculators,liveUSdollar,euro,

poundandmajorAfricanexchangerates,

andkeycommodityprices.

JohnBellew,headofPrivateEquityat

Bowmanssays,“Inacontinentsuchas

Africa–with54countries–itisvitalfor

deal-doers,newandseasoned,tostay

abreastoflocal,competitionandtaxlaw

trends.AfricaPENewsisanidealplatformto

sharetheseknowledgeandlegalupdates.”

StuartBradley,jointmanagingpartner,

Phatisa(founderofAfricaPENews)says,

“No-onecouldhavepredictedthatsucha

nicheAfricanfinancialappwouldstillreceive

ongoingpositivesupportsinceitsoriginal

launchin2014.Wearehugelythankfulfor

thecontinuedusersupportandwelcome

Bowmans,SAVCAandStandardBank

aboard.Thenewsponsorswillenablethe

appteamtocreatemoreoriginalcontent

andrelayinvestmentnewsthatwillfurther

stimulateinformeddecisionmakingand

businessnetworkingintoandfromAfrica.”

TheAfricaPENewsAppcanbe

downloadedfreeofchargefrom

www.africaprivateequitynews.com.

Africa Private Equity News App

BOWMANS

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Private Equity

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Accolades

AFRICAN LEGAL AWARDS 2019

Wewontwopracticeawards-forTransportationand

InfrastructureTeamoftheYearandTMTTeamoftheYear.

CHAMBERS AFRICA AWARDS 2018

WewerenamedSouthAfricanLawFirmoftheYear.

DEALMAKERS EAST AFRICA AWARDS 2019

Wereceivedawardsinthreeoutoffourcategories:toplegal

adviserintheM&ACategoryforbothdealflowandvalue,and

advisedontheDealoftheYear(theNIC/CBAmerger).

DEALMAKERS SOUTH AFRICA AWARDS 2019

WewereplacedthirdfordealvalueintheM&ACategoryand

advisedontheDealoftheYear(PepsiCo’sacquisitionofPioneer

Foods)andtheBEEDealoftheYear(IsantiGlassacquisitionof

NampakGlass).

MERGERMARKET LEAGUE TABLES 2018

Wewererankedfirstbydealvalueandsecondbydealcount

intheAfricaleaguetablesforlegaladvisors,andthirdbydeal

countintheMiddleEast&Africaleaguetableforlegaladvisors.

BOWMANS

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77 39 74Recognised Lawyers

Recognised Lawyers

Recognised Lawyers

BAND 1

KENYA

Banking&Finance

Corporate/M&A

Employment

FinTech

IntellectualProperty

RealEstate

SOUTH AFRICA

CapitalMarkets:Debt

CapitalMarkets:Equity

Competition/Antitrust

CorporateInvestigations

Corporate/M&A

Employment

Environment

IT&Telecommunications

Projects&Energy

PublicProcurement

Shipping

Tax

TMT

TANZANIA

GeneralBusinessLaw

UGANDA

GeneralBusinessLaw

BAND 2

SOUTH AFRICA

Banking&Finance

DisputeResolution

FinTech

Media&Broadcasting

Restructuring/Insolvency

KENYA

Projects&Energy

CHAMBERS & PARTNERS 2020 RANKED US IN

THE FOLLOWING AREAS

TIER 1

KENYA

Financial&Corporate

Mining

SOUTH AFRICA

CapitalMarkets:Debt

CapitalMarkets:Equity

Energy&Power

M&A

UGANDA

Financial&Corporate

ProjectDevelopment

TIER 2

KENYA

Energy&Power

Infrastructure

SOUTH AFRICA

Banking

Infrastructure

Mining

Oil&Gas

ProjectFinance

TANZANIA

Financial&Corporate

TIER 3

TANZANIA

ProjectDevelopment

IFLR1000 2020 RANKED US IN THE

FOLLOWING AREAS

TIER 1

KENYA

Banking,Finance&CapitalMarkets

Commercial,Corporate&M&A

Employment

RealEstate&Construction

SOUTH AFRICA

Commercial,Corporate&M&A

Competition

Employment

Projects&Infrastructure

Shipping&Transport

TANZANIA

LeadingFirm

UGANDA

LeadingFirm

TIER 2

KENYA

DisputeResolution

Privitisation&Projects

SOUTH AFRICA

Banking&Finance

DisputeResolution

InvestmentFunds

Tax

THE LEGAL 500 EMEA 2020 RANKED US IN

THE FOLLOWING AREAS

Private Equity

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Key Contacts

RICHARD HARNEY

ManagingPartner,Kenya

Nairobi,Kenya

T: +254202899000

E: [email protected]

JOHN BELLEW

HeadofPrivateEquity

Johannesburg,SouthAfrica

T: +27116699494

E: [email protected]

ULRIKE NAUMANN

HeadofGeneralFinance

Johannesburg,SouthAfrica

T: +27116699377

E: [email protected]

WALLY HORAK

HeadofTax,CapeTown

CapeTown,SouthAfrica

T: +27214807935

E: [email protected]

ALEX MATHINI

Partner

Nairobi,Kenya

T: +254202899000

E: [email protected]

ADELE DE JAGER

TaxExecutive

Johannesburg,SouthAfrica

T: +27116699310

E: [email protected]

DAVID MPANGA

Partner

Kampala,Uganda

T: +256414254540

E: [email protected]

JAMES WESTGATE

Partner

Johannesburg,SouthAfrica

T: +27116699493

E: [email protected]

JOSHUA JANKS

Partner

CapeTown,SouthAfrica

T: +27214807859

E: [email protected]

WILBERT KAPINGA

ManagingPartner,Tanzania

DaresSalaam,Tanzania

T: +255768988640

E: [email protected]

BOWMANS

18

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TIMOTHY MCDOUGALL

Partner

Johannesburg,SouthAfrica

T: +27116699259

E: [email protected]

PARAS SHAH

Partner

Nairobi,Kenya

T: +254202899279

E: [email protected]

MICHAEL RUDNICKI

TaxExecutive

Johannesburg,SouthAfrica

T:+27116699314

E: [email protected]

ROBYN BERGER

TaxExecutive

Johannesburg,SouthAfrica

T:+27116699301

E: [email protected]

MOGOLA MAKOLA

Partner

Johannesburg,SouthAfrica

T:+27116699486

E: [email protected]

PHILIP COULSON

Partner

Nairobi,Kenya

T: +254202899000

E: [email protected]

JOYCE KARANJA

Partner

Nairobi,Kenya

T: +254202899000

E: [email protected]

19

Private Equity

Page 20: PRIVATE EQUITY - Bowmans Law · funds entities in the energy sector, in its bid to expand its portfolio and finance a renewable energy company, being d.light design Inc. d.light design

Cape Town, South Africa

T:+27214807800

E: [email protected]

Dar es Salaam, Tanzania

T: +255768988640

E: [email protected]

Durban, South Africa

T: +27311091150

E: [email protected]

Johannesburg, South Africa

T: +27116699000

E:[email protected]

Kampala, Uganda

T: +256414254540

E: [email protected]

Lilongwe, Malawi

T: +265990318152

E: [email protected]

Lusaka, Zambia

T: +260962275329

E: [email protected]

Moka, Mauritius

T: +2304688411

E:[email protected]

Nairobi, Kenya

T: +254202899000

E:[email protected]

Follow us on Twitter:

@Bowmans_Law

www.bowmanslaw.com

Alliance Firms:

Aman Assefa & Associates Law Office, Addis Ababa, Ethiopia

T: +251114702868

E:[email protected]