Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan Africa, announces that its holding company by the MC II and MC III funds has achieved a annual growth of 25% of its EBITDA until the end of 2019, reaching more than one billion euros in aggregate annual turnover.

In operation since 2015, MC II holds stakes in the following companies:

Cash Plus: operating in nearly 1,900 points of sale, Cash Plus is the leader in Morocco in fast and efficient money transfer solutions.

CECI: Moroccan group of companies specializing in the bodywork of trucks, trucks and buses assembly and sale of spare parts.

Cieptal Cars: Algerian leader in long-term car rental services. The company also covers other segments such as automobile transportation, chauffeur services and automobile maintenance services.

Groupe Scolaire René Descartes: private educational institution specializing in delivering French and Tunisian programs based in Tunisia. GSRD has received official recognition from the Ministry of National Education and partner of the Agency for French Education Abroad (AEFE).

Indigo Company: distributor of 12 major clothing brands from major retail companies, including French Jennyfer and Spanish Inditex and Mango. The group currently operates 112 stores covering approximately 50,000 m² of total sales area and has more than 2,200 employees, 41% of whom are women.

Medtech Group: leading IT systems integrator in Morocco integrating Oracle, Microsoft, NCR, Alcatel-Lucent, Cisco, EMC and IBM solutions.

Randa: leader in Tunisia in the manufacture and distribution of pasta.

Private University of Marrakech (UPM): one of the leading private higher education providers in Morocco and Senegal offering MBAs, Masters and Doctorates in French and English to over 8,000 students.

Launched in 2017, MC III has invested in the following companies:

Akdital Holding: the largest private clinic in Morocco with five clinics located in Casablanca with a total of 550 beds.

Aziza: the fastest growing supermarket chain in Tunisia. With more than 2,300 employees, the company operates 250 stores and has a total of 70,000 m² of sales area.

Cairo Scan: leading private provider of medical imaging and diagnostic services in Egypt which operates through 19 centers in Cairo and Giza.

Cofina Group: leading meso-finance institution in West and Central Africa with operations in Senegal, Ivory Coast, Guinea Conakry, Gabon, Mali and Congo Brazzaville. The company manages more than 135,000 customers and employs 1,000 people.

TGCC: Travaux Généraux de Construction de Casablanca (TGCC) is the leading contractor specializing in construction and public works in Morocco and sub-Saharan Africa.

Albert Alsina, Founder and CEO of Mediterrania Capital Partners, said: “We are extremely pleased with the 2019 performance of our portfolio. Through the successful implementation of our value creation model, we continue to help the MC II and MC III companies grow and grow their business in a sustainable manner, laying the foundation for long-term growth. Besides the purely financial aspect, Mediterrania Capital Partners focuses on the ESG impact that its funds and portfolio companies have on the communities and economies of African countries. In this sense, Mediterrania Capital Partners has integrated ESG issues into its investment analysis, its decision-making processes and the overall management of its funds and portfolio, creating sustainable and socially responsible companies with solid foundations for long-term growth. long term.