© 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
EXPEN International Tech Transactions Advisory of the Year 2017
Innovation
01/08/2017EXPEN International Tech Transactions Advisory of the Year 2017

EXPEN International Tech Transactions Advisory of the Year 2017

Read Full PostRead - Eye Icon
Why Every Event Planner Needs a Venue Management Platform
News
24/02/2022Why Every Event Planner Needs a Venue Management Platform

Event planners need to use venue management platforms if they want their events to run as smoothly and successfully as possible. With the best venue management software, every element of an event lifecycle is covered, from registration and payment to reports a

Read Full PostRead - Eye Icon
How the Not-For-Profit Sector Can Embrace a Digital-First Mindset
Corporate Social Responsibility
27/06/2024How the Not-For-Profit Sector Can Embrace a Digital-First Mindset

As the not-for-profit sector stands at a pivotal juncture, the necessity of adopting a digital-first mindset cannot be overstated.

Read Full PostRead - Eye Icon
Business Investment Company of the Year – Europe
Finance
12/07/2022Business Investment Company of the Year – Europe

Being such a prestigious investor in the world of start-up business, SalesInvest’s name contains two of the biggest driving forces behind this company. Sales – because it believes that sales are the biggest driving factor behind investment, success, and lo

Read Full PostRead - Eye Icon
Should Companies Add Bitcoin To Their Balance Sheet?
Finance
21/05/2021Should Companies Add Bitcoin To Their Balance Sheet?

There’s no denying that Bitcoin has come a long way over the last decade. The cryptocurrency that used to be regarded as the outsider, which people seemed to believe was exclusively used by people working in basements for transactions that they didn’t want

Read Full PostRead - Eye Icon
Berkshire Hills Completes Hampden Bancorp Acquisition
M&A
22/04/2015Berkshire Hills Completes Hampden Bancorp Acquisition

Berkshire Hills Bancorp, Inc. has completed the acquisition of Hampden Bancorp, Inc., and the merger of Hampden Bank into Berkshire Bank.

Read Full PostRead - Eye Icon
How To Prepare Your Business For Sale
M&A
20/03/2024How To Prepare Your Business For Sale

As entrepreneurs, we invest not only money but years of hard work, dedication, and passion into building our businesses.

Read Full PostRead - Eye Icon
Most Innovative Law Firms 2016
Legal
05/05/2016Most Innovative Law Firms 2016

These listings showcase a wide range of innovative and cutting-edge financial and law firms across the globe.

Read Full PostRead - Eye Icon
Jet Environmental and Jet AHU Acquired by Wozair Ltd
M&A
14/07/2016Jet Environmental and Jet AHU Acquired by Wozair Ltd

Jet Environmental Systems Ltd, the provider of temperature control solutions for industrial and commercial buildings, and its sister company Jet AHU Ltd, which supplies and installs air handling units, have been acquired by Wozair Ltd.



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