Verdant Capital closes four private equity-related transactions in South Africa

SOUTH AFRICA – Verdant Capital, a specialist investment bank and investment manager, has closed four private equity-related transactions in South Africa with important fund raisings for Bridge Taxi Finance and Retail Capital, the sale of Nedan Oil and the sale of Baxi to MFS Africa. Verdant Capital has successfully raised US$20 million in debt financing for Bridge Taxi Finance from a small group of leading international impact investors. The funding will be used to grow the institution’s lease portfolio. In addition, Verdant Capital has raised US$10 million in debt funding…

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