Trinity International advised Norfund on its investment in Nouvelle Mici-Embaci, setting the precedent for one of the largest leveraged buyouts ever in West Africa.

Trinity advised Norfund on all aspects of the transaction, including its co-investment with funds managed by Advanced Finance & Investment Group (AFIG) and led the negotiations on the financing arrangements with Bridge Bank Group Côte d’Ivoire and MCB Group (Mauritius Commercial Bank).
 
The joint acquisition by Norfund and AFIG of Nouvelle Mici Embaci will scale up its operations and roll out an ambitious modernisation plan and regional growth strategy.

The Trinity team was lead by Partner Marianna Sedefian and Head of Private Equity Hugh Naylor with Senior Associate Giuliano Lastrucci.