© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.
Posted 23rd July 2015

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

View Biography
Image

Spice Capital, the Swiss private equity company that targets investments in the Asia Pacific, Sub-Saharan Affrica and Latin America,  has invested $5 million alongside Helios Investment Partners for a significant minority stake in Africa Oil Corporation, an East African exploration and production company. The size and structure of the stake were not disclosed.

Africa Oil Corporation (AOC), which has a dual listing on the Toronto and Nasdaq Stockholm Stock Exchanges, is an East African-focused oil company with footprint covering 7 oil blocks across Kenya and Ethiopia. AOC’s operating partner is Tullow, the leading E&P group with a long standing presence in Africa. AOC’s management team is backed by the Lundin Group, a successful investor in both the sector and the region.

Spice Private Equity has a long standing relationship with Helios’ principals and it has made a commitment to its current fund. This investment is the firm’s frist co-investment on the sub-Saharan region following its recent strategic repositioning.

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Landis Rath & Cobb LLP Advise Centre Lane’s acquisition of Saladworks ($16.9 million)
Finance
15/07/2015Landis Rath & Cobb LLP Advise Centre Lane’s acquisition of Saladworks ($16.9 million)

Landis Rath & Cobb LLP Advise Centre Lane's acquisition of Saladworks ($16.9 million)

Read Full PostRead - Eye Icon
6 Ways RPA Can Transform Your Small Business
News
30/11/20226 Ways RPA Can Transform Your Small Business

Robotic process automation (RPA) is a hot topic among businesses for many reasons. It increases productivity, which in turn increases profit. Business efficiency is another area where RPA can do wonders. While RPA can impact a company positively, many business

Read Full PostRead - Eye Icon
How to Establish a Brand That Resonates With Your Business
News
02/02/2022How to Establish a Brand That Resonates With Your Business

In any business, the groundwork for lasting customer relationships and massive sales hinges upon impressions. As a business owner, to establish a brand that resonates with your business, you must hone the art of creating a good first impression.

Read Full PostRead - Eye Icon
APC Technology Group Acquisition of EEVS Insight Ltd
Innovation
04/08/2015APC Technology Group Acquisition of EEVS Insight Ltd

APC Technology Group Acquisition of EEVS Insight Ltd

Read Full PostRead - Eye Icon
Providing Peace of Mind
Leadership
04/01/2017Providing Peace of Mind

In an interview with Globetrotters Legal’s Paa Kwesi Hagan, he turns the spotlight on his responsibility for the firms’ corporate immigration and compliance department, and how they are positioning themselves to be the firm of choice for companies doing bu

Read Full PostRead - Eye Icon
Injury at Work; What to Do If You Get Hurt on the Job
News
17/06/2024Injury at Work; What to Do If You Get Hurt on the Job

Injury at Work; What to Do If You Get Hurt on the Job Suffering an injury at work can be a tough situation, not just physically but emotionally and financially too. Knowing the right steps to take after getting injured on the job is crucial to ensure you get t

Read Full PostRead - Eye Icon
Global Digital Health Solutions Provider Strengthens Home Care and Telecare Delivery in Germany with Acquisition
M&A
04/03/2022Global Digital Health Solutions Provider Strengthens Home Care and Telecare Delivery in Germany with Acquisition

UK based, leading global provider of software solutions, services and technology for the telecare and telehealth markets, Tunstall Healthcare, has expanded its German presence and service offering with the acquisition of BeWo Unternehmensgruppe (BeWo).

Read Full PostRead - Eye Icon
Private Risk Capital Development Advisors, LLC, Leading the way in PPLA and PPA Solutions
Finance
16/06/2020Private Risk Capital Development Advisors, LLC, Leading the way in PPLA and PPA Solutions

When it comes to Private Placement Life Insurance (PPLI) and Private Placement Annuity (PPA), the firm that supports you must be one you trust implicitly. It’s a business where every detail must be tended to with care. The team at Private Risk Capital Develo

Read Full PostRead - Eye Icon
Award Winning Cloud-Based Communication
Innovation
04/05/2022Award Winning Cloud-Based Communication

Unified Communications as a Service (UCaaS) is a category of "as a service" or "Cloud" delivery mechanisms for enterprize communications. These procedures allow the linking of data between one source to another, in no time.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow