Amethis
Amethis is a French private equity firm founded in 2012, managing over €1 billion in assets. It provides growth capital to promising mid-sized companies across Africa, Europe, and the Middle East, focusing on financial, environmental, and social sustainability.
Key facts
Recent exits
Coverage notes
6 funds tracked, 50 portfolio companies (32 active · 18 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Amethis has raised, with its portfolio companies. Hand-checked from public filings.
Amethis Fund IIIGrowth2026 · 0yr€406M5 active
Unrealized
5 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| ADEMAT | Industrials | Ivory Coast | 2026 |
| BH Holding | Industrials | Morocco | 2025 |
| Delta Chemicals | – | – | 2025 |
| OCS | Consumer | Morocco | 2026 |
| Vertice MedTech | Healthcare | South Africa | 2026 |
Amethis Europe ExpansionBuyout2023 · 3yr€150M5 active
Unrealized
5 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Capital Banking Solutions | Financials | France | 2023 |
| EIF Expertise | Business Services | France | – |
| Fidence | Financials | Luxembourg | 2024 |
| Groupe Office Automation | TMT | France | 2022 |
| HB Aesthetics | Consumer | Spain | – |
Amethis MENA Fund IIGrowth2022 · 4yr€150M10 active
Unrealized
10 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| ASK Gras Savoye | Financials | Morocco | 2023 |
| BBI | TMT | Egypt | 2024 |
| Delta Holdings | Industrials | Egypt | 2025 |
| Energy Transfo | Industrials | Morocco | 2023 |
| GlobalCorp Financial Services | Financials | Egypt | 2022 |
| Globex | Industrials | Morocco | 2022 |
| Kazareen Textile Group | Consumer | Egypt | 2025 |
| Marcyrl | Healthcare | Egypt | 2023 |
| Netis | TMT | Morocco | – |
| Tiba | Consumer | Egypt | 2026 |
Amethis Fund IIGrowth2019 · 7yr€375M4 active · 1 realized
Unrealized
4 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Avacare Health | Healthcare | South Africa | 2021 |
| NMA | Industrials | Senegal | 2021 |
| Rogers Hospitality | Healthcare | Mauritius | 2019 |
| SIBM | Industrials | Ivory Coast | 2022 |
Amethis Maghreb Fund IGrowth2018 · 8yr€120M4 active · 6 realized
Unrealized
4 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Groupe Premium | Industrials | Morocco | 2018 |
| Magriser | Industrials | Morocco | 2021 |
| Tarjama | Industrials | Jordan | 2021 |
| Vicenne | Healthcare | Morocco | 2016 |
Realized
6 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| CFG Bank | Financials | Morocco | 2017 | 2022 | Trade Sale | – | |
| CMGP | Industrials | Morocco | 2015 | 2018 | Secondary | – | |
| Disway Tunisia | Industrials | Tunisia | 2015 | 2023 | Trade Sale | – | |
| Mutandis | Consumer | Morocco | 2017 | 2018 | IPO | – | |
| Separator | Business Services | Morocco | 2014 | 2020 | – | – | – |
| WB Africa | Business Services | Morocco | 2017 | 2024 | Secondary | – |
Amethis Finance IGrowth2012 · 14yr€150M4 active · 11 realized
Unrealized
4 heldRealized
11 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| CDCI | Consumer | Cote d'Ivoire | 2014 | 2019 | Secondary | – | |
| Chase Bank Kenya | Financials | Kenya | – | 2016 | Liquidation | – | – |
| Ciel Finance | Financials | Mauritius | 2015 | 2022 | Trade Sale | – | |
| Dislog Group | Consumer | Morocco | – | 2019 | MBO | – | |
| Fidelity Bank Ghana | Financials | Ghana | – | – | – | – | – |
| Merec Industries | Industrials | Mozambique | 2018 | 2025 | Trade Sale | – | |
| NSIA | Financials | Ivory Coast | 2015 | 2024 | Trade Sale | – | |
| Petro Ivoire | Energy | Cote d'Ivoire | 2013 | 2018 | Secondary | – | |
| Ramco | Industrials | Kenya | 2014 | 2024 | Trade Sale | – | |
| Sodigaz | Industrials | Burkina Faso | 2017 | 2021 | Secondary | – | |
| Velogic | Industrials | Mauritius | 2013 | 2021 | IPO | – |
Saved GPs appear in your watchlist, one click from your workspace.
About Amethis
Amethis is a French private equity firm with €1.35 billion of assets under management as of December 2024, founded in 2012 and headquartered in Paris with additional offices in Dijon and selectively across Africa. The firm provides growth capital to promising mid-sized companies across Africa, Europe and the Middle East, focusing on financial, environmental and social sustainability themes with the platform positioned as a leading impact-aware emerging markets private equity investor.
Investment thesis
Amethis targets African, European and Middle Eastern mid-sized companies with equity tickets typically ranging from €15 million to €50 million per transaction. Sector focus spans Consumer, Financials, Healthcare, TMT, Industrials and Business Services, with particular depth in financial services and consumer-facing businesses serving emerging market consumer growth themes. The platform's sustainability-aware investment framework integrates environmental and social considerations alongside commercial financial return discipline.
Recent activity
Recent realised exits include Merec Industries (industrials, 2025), Naivas (consumer, 2024), NSIA (financials, 2024), Ramco (industrials, 2024) and WB Africa (business services, 2024), reflecting active distribution across the African and emerging markets portfolio. The platform tracks 6 funds, 29 active portfolio companies and 11 realised exits across the impact-aware emerging markets programme. Detailed buyer names and multiple data available on Pro at €29/month.
Similar firms
Other private equity firms tracked on GP Intel.
France·€196.0BFrance·€52.8BFrance·€40.8BFrance·€33.0BFrance·€27.0BFrance·€13.2BFrance·€11.6BFrance·€9.0BFrance·€7.0BFrance·€6.7BFrance·€6.0BFrance·€5.1B