"8 Miles is a private equity firm focused exclusively on making private
equity investments in Africa. We invest in consumer-driven businesses
and service providers with strong growth prospects. We look to partner
with leading entrepreneurs and management teams, and work with them to
achieve shared objectives by providing capital and operational
expertise. A core part of our strategy is active ownership - actively
participating in transforming businesses in which we invest. We are
"hands on" investors in Africa.
At 8 Miles we have a complementary team of principals with significant experience in private equity and direct experience in successfully managing and transforming businesses in Africa. All our principals have extensive experience in developed and emerging economies, and therefore have a deep insight into the unique opportunities and challenges that Africa presents. We seek to achieve superior capital returns and accelerate the development of African companies by delivering lasting operational improvement.
At 8 Miles we have a complementary team of principals with significant experience in private equity and direct experience in successfully managing and transforming businesses in Africa. All our principals have extensive experience in developed and emerging economies, and therefore have a deep insight into the unique opportunities and challenges that Africa presents. We seek to achieve superior capital returns and accelerate the development of African companies by delivering lasting operational improvement.
Typically, we place between US$15 million and US$45 million in each
investment that we make. Whilst we look at opportunities from growth
equity to more complex buyouts, our strategy is essentially quite
simple. We invest in African businesses and sectors with high growth
prospects, and enhance performance by implementing our "active
ownership" approach to manage the investment. We believe the combination
of careful selection and hands-on involvement leads to better
performance.
We work with highly motivated entrepreneurs and managers and ensure all stakeholder interests are completely aligned. We aim to take majority or influential minority positions in companies, and work closely with like-minded stakeholders to devise and implement operational changes to the business. Some of these changes appear straightforward - management controls, proper training and incentivisation, alignment of interests, analytically-driven decision making, and so forth - but they help ensure that the companies we work with have a competitive advantage relative to their peer group.
Our collective experience in Africa has taught us that value creation requires the key discipline to do simple things well; applying proven best practice and transferring skills, rather than re-inventing the wheel. Our "active ownership" philosophy integrates governance and operational change programmes. By leveraging our operational expertise, we look to create market leading African businesses. This leads to sustainable growth and value creation for all stakeholders.
We work with highly motivated entrepreneurs and managers and ensure all stakeholder interests are completely aligned. We aim to take majority or influential minority positions in companies, and work closely with like-minded stakeholders to devise and implement operational changes to the business. Some of these changes appear straightforward - management controls, proper training and incentivisation, alignment of interests, analytically-driven decision making, and so forth - but they help ensure that the companies we work with have a competitive advantage relative to their peer group.
Our collective experience in Africa has taught us that value creation requires the key discipline to do simple things well; applying proven best practice and transferring skills, rather than re-inventing the wheel. Our "active ownership" philosophy integrates governance and operational change programmes. By leveraging our operational expertise, we look to create market leading African businesses. This leads to sustainable growth and value creation for all stakeholders.
8 Miles focuses on consumer driven businesses and service providers with strong growth prospects. Typical sectors which we consider include:
- Agribusiness
- Business and Financial Services
- Consumer Goods and Retail
- Energy and Utilities
- Healthcare and Pharmaceutical
- Hospitality and Real Estate
- Telecom, Media and Technology
- Transport and Logistics
