Transaction
Exits MENA acquires Avanz Capital Egypt
- Announced
- 20 August 2026
- Target
- Avanz Capital Egypt
- Value
- Undisclosed
- Asset class
- Private Equity, Venture Capital
- Type
- Merger/Acquisition(M&A)
- Instrument
- Ordinary Shares (Equity)
- Lead investors
- Exits MENA
- Investors
- Exits MENA
- Sector
- Financial services / Venture Capital, Private Equity
- Markets
- Egypt
About the target
Avanz Capital Egypt (ACE) is an Egyptian-domiciled private equity and asset management firm established in 2021 and regulated by Egypt’s Financial Regulatory Authority. ACE was established as the local arm of Avanz Capital Management, LP and serves as the General Partner and investment manager of Avanz Manara for Private Equity, Company Limited by Shares, an Egyptian investment vehicle established in March 2022. Avanz Manara combines a fund-of-funds strategy with direct co-investments, with a mandate to support the growth of small and medium-sized enterprises in Egypt by investing directly in SMEs and committing capital to SME-focused private equity and venture capital funds. Historically, ACE operated as a subsidiary of Avanz Capital Management, an emerging-markets private-capital manager focused on Africa, Latin America and Asia. In August 2026, Exits MENA and ACE’s local management signed an agreement to acquire ACE, subject to the applicable regulatory process, with plans to rebrand the business as Exits Manara and integrate it into Exits MENA’s private equity and asset-management platform.
Sources
- disruptafrica.com
- Partner Researchers