Bowden advised a subsidiary of an African regional financial services group to acquire a microfinance business in South Africa.
Bowden provided buy-side M&A advisory services.
Objective: Acquisition of a South African microfinance business.
Outcome: The Client acquired the target business within the specified timeframe and budget.
Value add to the client: Bowden was able to identify a well run Target which the owner was looking to dispose in order to focus on another venture. The transaction was executed within the stipulated time frame and the Target’s performance has exceeded Client’s expectations.
Future plans: The Client has recapitalised the Target and is expanding its operations.