The Founding Shareholders SERVICOM have created SERVICOM Holding SA to consolidate their participation in SERVICOM and constitute a hard core of shareholders.
The Founding Shareholders of SERVICOM inform the public about the realization of a block transaction at the Tunis Stock Exchange on September 25, 2013 which allows SERVICOM Holding to become the main shareholder of Servicom SA with 52.96% of its capital.
The company now covers all the investments of the founding shareholders in SERVICOM.
Moreover, the company informs the public that following the talks initiated with the investment fund Maghreb Private Equity Fund III (MPEF III), both sides signed a protocol for the participation of MPEF III in the capital of the Holding , subject to the approval of the Central Bank of Tunisia.
Following the planned capital increase, the participation of MPEF III in SERVICOM Holding will reach 23.09%.
MPEF III is an investment fund managed by the TunInvest-AfricInvest Group. The Investors of MPEF III include institutional investors and development agencies including the African Development Bank (AfDB), FMO (the Dutch Development Agency), the International Finance Corporation – member of the World Bank Group, CDC Elan enterprises SMEs (institutional investor in Private Equity Fund in France and a subsidiary of Caisse des Dépôts et consignations French), DEG (the German Development Agency), Proparco (a subsidiary of the French Development Agency), SIFEM (Switzerland Fonds d’Investissement for Emerging Markets), BIO (Belgian Development Agency) and Averroes Finance.
MPEF III is an investment fund with private participation that targets investments in small and medium enterprises (SMEs) in the Maghreb.
The entry of MPEF III in the capital of SERVICOM Holding is an important step in strengthening the financial structure of SERVICOM and precedes the capital increase operation.
This will allow the TunInvest-AfricInvest group to assist SERVICOM Group as a development project, to help finance its growth in Tunisia and abroad and more generally the completion of the company’s new strategic plan by 2020.