Weekly Wrap, April 8th, 2019; Helios, Maison Capital, SPE Capital and others make deal news last week

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Last week in brief…April 8th, 2019

Deals by Helios Investment Partners and their portfolio companies featured largely in Africa’s private capital ecosystem last week. We led with the news that the Africa-focused private equity firm is buying the remaining 25% of Nigerian gas distributor Axxela that it does not already own from Oando plc. Helios had first backed Axxela in 2016, spending $115.8 million for a 75% stake. To but the remaining 25% is going to cost $41.5 million later this quarter, once regulatory and other closing requirements have been met.

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