Old Mutual Private Equity completed the acquisition of a majority stake in Honoris United from Actis.

Old Mutual Private Equity, a private equity firm, completed the acquisition of a majority stake in Honoris United, a private higher education network, from Actis, a global investment firm. Financial terms were not disclosed. "Over the past decade, we’ve proudly built Honoris into the largest pan-African private higher education platform, partnering with like-minded founders and management across the continent. Our goal was to create high-quality universities that equip students with the skills needed in future employment – and we’re proud to have achieved that. We’ve helped shape the future of education in Africa, empowered students, and met the evolving needs of employers. We look forward to seeing Honoris continue to thrive under Old Mutual Private Equity’s ownership," Sami Cherif, Actis Director.