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New Deal


Announced

Completed

TPG-backed Rise Fund completed the acquisition of a 34% stake in Pearl Dairy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For34%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

milk products

dairy processing

Private Equity

Single Bidder

Uganda

milk

Acquisition

Private

Friendly

Completed

Minority

Synopsis

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TPG-backed The Rise Fund, a global impact investment fund completed the acquisition of a 34% stake in Pearl Dairy, a dairy processing company. Financial terms were not disclosed. “We are excited to be partnering with The Rise Fund and are looking forward to utilizing their global expertise to help build an inclusive ecosystem that will have an even larger impact on the lives of millions of Africans,” Amit Sagar, Pearl Dairy CEO.

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