Our Portfolio Companies
We are aiming at investing in companies with solid historical performance and growth potential, operating in defensive and growth sectors
Egypt
Egypt
Future Pharmaceutical Industries
Egypt
Orchidia Pharmaceuticals
Morocco
Holged Group
Morocco
Amanys Pharma
Morocco
H&S Invest
Morocco
Venezia Ice
Tunis
Holged Tunisie
California Gym
Côte d’Ivoire
Ademat
Jordan
Luminus education
Jordan
Fitness One
France & Turkey
STEPEVI Group
France
OURY-GUYE
Morocco
Outsourcia
Tunisia
Vital
Globalcorp
Established in 2015 in Egypt, GlobalCorp is a non-banking financial services company engaged in offering financial and operating leases and factoring solutions to corporates and SMEs. It offers leading, innovative financial solutions including structured/tailored finance in partnership with other leasing companies and banks, positioning it as the largest purely independent non-banking financial services player in Egypt.
Egypt
AIF I
Future Pharmaceutical Industries
Established in 2007 in Egypt, FPI is a pharmaceutical company engaged in the manufacturing and the marketing of its own branded generic medicines as well as the manufacturing for third parties including multinational pharmaceutical firms such as Novartis or Sanofi.
Egypt
AIF I
Orchidia Pharmaceuticals
Orchidia Pharmaceuticals Industries (OPI) is the sole local branded pharmaceutical player specialized in the ophthalmic segment in Egypt. Initially a service provider to multinational companies, Orchidia transformed itself into a full-fledged ophthalmologic player, successfully and advantageously competing with multinational companies such as Novartis and commanding the second market share.
Egypt
Intaj II
Holged Group
Founded in 1986, Holged is a leading K-12 education group in Morocco and Tunisia teaching to 16,000+ students across 4 schools (notably Ecoles Yassamine, Al Jabr in Morocco, and ISC in Tunisia). Holged employs 1,900 people through a growing footprint across North Africa with presence in the largest Moroccan cities as well as in Tunis and Sfax.
Morocco
AIF I
March 31st 2022
Significant minority stake
Amanys Pharma
Amanys Pharma is a Moroccan pharmaceutical company engaged in the manufacturing of antibiotics for its own brand and for third parties, as well as the distribution of injectable solutions to hospitals.
Morocco
AIF I
April 2020
Majority stake
H&S Invest
H&S Invest Holding is the leading full service provider in the FMCG distribution sector in Morocco. The group has long term partnerships with leading multinationals and local companies owning strong brand portfolios.
Morocco
AIF I
October 2019
Significant minority stake
Fully integrated FMCG distributor
Current fund holding
Venezia Ice
Venezia Ice operates the leading chain of F&B outlets in Morocco, with over 40 outlets across Morocco. The company also produces ice cream, frozen pastries and baked bread and other related products. The company has a strong brand associated with quality and manufacturing know how.
Morocco
Intaj II
Mid-2015
Quasi - majority
Food & beverages
Current fund holding
Holged Tunisie
Holged Tunisie is the leading K-12 operator in Tunisia owning and managing the International School of Carthage (“ISC”), and with the ambition to build a large group of schools across the country under the ISC brand name.
Tunis
AIF I
July 2019
Significant minority stake
Education
Current fund holding
California Gym
California Gym is the leading chain of fitness clubs in Tunisia. The company operates 8 clubs, totaling over 10,000 square meters of workout space and over 12,000 members.
Intaj II
Q1-2015
Quasi - majority
Health & Fitness
Current fund holding
Ademat
Founded in Abidjan in 1983, Ademat is the leading provider of power security solutions in Côte d’Ivoire. It provides a wide range of technical solutions for companies in various industries, including telecommunications, financial services, manufacturing, healthcare and hospitality.
Côte d’Ivoire
AIF I
April 2021
Majority stake
Luminus education
Luminus was established in 2006 and is headquartered in Amman, Jordan. The company’s main activities include community college education, vocational training and media education. Luminus is the leading provider of community college education and vocational training in the Middle East.
Jordan
Intaj II
July 2014
Significant minority
Higher education
Current fund holding
Fitness One
Fitness One is among the leading chains of fitness clubs in Jordan. The company owns and operates fitness centers in Jordan, including six traditional women-dedicated fitness centers and a flagship “Vega” center.
Jordan
Intaj II
December 2013
Significant minority
Health & Fitness
Current fund holding
STEPEVI Group
STEPEVI is a leading interior design company specialized in production and distribution of modern, luxurious rugs. Stepevi is present through dedicated showrooms in the leading fashion capitals of the world (London, Milan, New York and Paris). Clients include luxury retail brands (LVMH, Cartier, Moncler, Prada) and hospitality groups (Palace Lutetia, Hotel Costes, Hotel Fauchon). STEPEVI carpets are also available to retail buyers through direct sales channels and through retail partners such as Roche Bobois. Carpets are produced in the South of Turkey combining traditional threading techniques with modern machinery and design. Since investing in 2020, SPE Capital Europe has assisted the company to reposition itself as a French interior design company, targeting primarily the European and American markets which today represent more than 50% of the company revenues
France & Turkey
SPE France Small-cap
January 2020
OURY-GUYE
OURY-GUYE is a century-old medical device company, a member of the French Fab and a French Living Heritage Company (E.P.V.). Founded in 1909 in Nogent in the Haute-Marne region of France, OURY-GUYE has established its position in the development and manufacturing of orthopedic and ancillary instruments. OURY-GUYE's customers include the largest orthopedic groups in France and abroad.
France
SPE France Small-cap
October 2022
Outsourcia
Founded in 2003 in Morocco by Youssef Chraibi, Outsourcia is a major independent player specializing in Outsourcing businesses, covering remote omnichannel customer relationship management (contact centers), Back Office processes (BPO), digital services, marketing studies, and Medical Outsourcing (Management of medical reports). Following 4 external growth operations, Outsourcia now employs more than 2,400 people in 4 countries (Morocco, France, Madagascar, and Niger). Our client list includes a mixture of renowned established global players such as Total, Renault, Orange, GRDF, and Bank of Africa.
Morocco
AIF I
September 2022
Majority stake
Vital
Founded in 2000 in Tunisia, Vital is specialized in the field of phytotherapy, therapy, well-being, and cosmetology. Vital is the leader in natural herbal food supplements with a portfolio of over 400 high quality products covering a wide range of therapeutical areas.
Tunisia
AIF I
December 2022
Majority stake