Mediterrania Capital Partners

What Mediterrania Capital Partners does

Mediterrania Capital Partners is a Malta-domiciled private equity firm (HQ in Ta' Xbiex) founded in 2013, investing growth capital in consolidated mid-cap companies across North and Sub-Saharan Africa. The firm targets companies with €20–300 million in annual turnover, deploying equity tickets of €10–35 million per project and co-investments up to €100 million alongside European development finance institutions. As of 2025, it manages over €1 billion in assets across three private equity funds (MC II €118.8M, MC III €270.8M, MC IV €600M final close), a public equities fund (Africa Select Equity Fund, launched 2024), and two Moroccan real estate funds (MCP RE I MAD 275.2M and MCP RE II MAD 433M). The firm operates six offices spanning Malta, Morocco, Egypt, Côte d'Ivoire, Mauritius, and Spain, regulated by MFSA, FSC, CNMV, and AMMC.

The firm's revenue model is a classic PE construct: recurring management fees on assets under management combined with carried interest on successful exits. Underlying investment activity is concentrated in five sectors — construction, healthcare, education, food manufacturing and distribution, and financial services for low-income populations. The firm applies a proprietary eight-pillar value creation model and an ESG scoring methodology aligned with IFC Performance Standards, supported by UNPRI, TCFD, GRI, and 2X Global commitments. The 13-company active portfolio generated €2.06 billion in aggregate revenue and €424.2 million EBITDA in 2025, employs over 17,692 people across 24 African countries, and has produced three IPOs (TGCC, Akdital, Cash Plus) plus two unicorn exits.

Notable 2025–2026 activity includes the €600M MC IV final close, full exits from Akdital (Morocco healthcare, ~€2B market cap) and Dislog (Morocco FMCG), the €100M Coris Holding co-investment in WAEMU banking, a MAD 540M investment in Dislog Dispositifs Médicaux, and the 100% acquisition of Amcor Flexibles Mohammedia from Amcor Group. The LP base includes DEG, FMO, BII, BIO, IFC, CDG Invest Growth, and Impact Fund Denmark.

Name

Mediterrania Capital Partners

Legal name

Mediterrania Capital Partners, Ltd.

Website

https://mcapitalp.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Mediterrania Capital Partners is a Malta-based private equity firm investing growth capital (€10–35M tickets, up to €100M with co-investors) in consolidated mid-cap companies across North and Sub-Saharan Africa, managing over €1 billion across private equity, real estate, and listed-equity funds for institutional and DFI investors.

Ownership category

akta.pro rank

Product category

Private Equity Fund Management

NAICS

Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239), Open-End Investment Funds (52591)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Geography-Focused Venture Capital (Regional/Emerging Markets) (FSANAAAE)

akta.pro secondary industry

Real Estate / PropTech Growth Equity (FSANACAH)

Keywords

• Private equity investing
• Mid-cap fund management
• African private equity
• Growth capital investments
• Esg impact investing

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Fund Management Fees: Mediterrania Capital Partners generates revenue through management fees charged on assets under management across its private equity funds (MC II, MC III, MC IV), capital markets fund (ASEF), and real estate funds (MCP RE I, MCP RE II). The firm operates fixed remuneration structures for its staff.
2. Carried Interest / Performance Fees: As a private equity firm, Mediterrania generates carried interest on successful exits and investment returns. The firm's portfolio companies delivered €2.06 billion in aggregate revenues and €291.1 million net income in 2025.
3. Regulated Fund Advisory Services: Mediterrania Capital Partners Ltd is regulated by the Malta Financial Services Authority (MFSA) advising multiple Private Equity funds. The firm is also licensed by regulatory authorities in Mauritius (FSC), Spain (CNMV), and Morocco (AMMC).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Mediterrania Capital Partners is a private equity fund manager that invests growth capital of €10–35 million per project (up to €100 million with co-investments) in consolidated and growing African mid-cap companies with annual turnover of €20–300 million. The firm manages six fund vehicles spanning private equity, capital markets (public equities), and Moroccan real estate development, serving institutional investors and high-net-worth individuals across Europe and Africa.

Product overview

Mediterrania Capital Partners is a private equity firm offering a diversified suite of investment funds targeting African SMEs and mid-cap companies. The product portfolio comprises six distinct fund products: three private equity funds (MC II at €118.8 million, MC III at €270.8 million, and MC IV at €600 million) covering North and Sub-Saharan Africa; one capital markets fund (Africa Select Equity Fund) for listed equities; and two real estate funds (MCP RE I at MAD 275.2 million and MCP RE II at MAD 433 million) focused on Moroccan office and industrial development. Additionally, the firm provides an internal investor portal (Quest Portal) for portfolio monitoring and reporting. Investment tickets range from €10-35 million per project, with co-investments of up to €100 million for larger opportunities.

Differentiator

Problem solved

Functional benefit

Brands

• Mediterrania Capital II (MC II): Private equity fund focused on SMEs in North Africa, launched in 2013, size €118.8 million.
• Mediterrania Capital III (MC III)
• Mediterrania Capital IV Mid Cap (MC IV)
• Africa Select Equity Fund (ASEF)
• MCP Real Estate I (MCP RE I)
• MCP Real Estate II (MCP RE II)

Products and services

• Mediterrania Capital II (MC II) Closed-end private equity fund investing in small and medium-sized enterprises in North Africa, providing growth capital of €10–35 million per transaction with a hands-on value creation strategy combined with ESG impact. Co-managed with Riva y García Gestión S.A. and regulated by CNMV.
• Mediterrania Capital III (MC III) Closed-end private equity fund expanding geographic scope beyond North Africa into Sub-Saharan Africa, targeting high-growth SMEs and mid-sized companies in healthcare, consumer goods, financial services, and logistics.
• Mediterrania Capital IV Mid Cap (MC IV)

Quantifiable outcome

• Portfolio revenues of €2,062.1 million (+5.3%) and EBITDA of €424.2 million (+22.0%) in 2025 across 13 companies
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

13 partnerships are on record, tiered supporting and core.

• CFG (Financial Advisor)supportingImplementation/ SI/ Consulting Partner · 1 December 2025CFG acted as financial advisor of the Cash Plus IPO transaction alongside Valoris.
• Valoris (Financial Advisor)supportingImplementation/ SI/ Consulting Partner · 1 December 2025Valoris acted as financial advisor alongside CFG for the Cash Plus IPO on the Casablanca Stock Exchange.
• Asafo (Legal Advisor)supportingImplementation/ SI/ Consulting Partner · 1 December 2025Asafo acted as legal advisor for the Cash Plus IPO transaction. Also served as legal advisor for Coris Holding transaction.
• Saga (Communication Advisor)supportingImplementation/ SI/ Consulting Partner · 1 December 2025Saga acted as communication advisor for the Cash Plus IPO transaction.
• Deloitte (Financial and Tax Due Diligence)supportingImplementation/ SI/ Consulting Partner · 1 October 2025Deloitte provided financial and tax due diligence advisory for the Coris Holding €100M co-investment transaction.
• IBIS Consulting (ESG Review)supportingImplementation/ SI/ Consulting Partner · 1 October 2025IBIS Consulting conducted ESG review as part of the Coris Holding transaction due diligence alongside Strategy& for commercial due diligence.
• Strategy& (Commercial Due Diligence)supportingImplementation/ SI/ Consulting Partner · 1 October 2025Strategy& (part of PwC) conducted commercial due diligence for the Coris Holding co-investment alongside IBIS Consulting for ESG review.
• ADNA (Legal Advisor to Coris Holding)supportingImplementation/ SI/ Consulting Partner · 1 October 2025ADNA served as legal advisor to Coris Holding in the €100M co-investment transaction alongside SEGEN Capital as transaction advisor.
• SEGEN Capital (Transaction Advisor to Coris Holding)supportingImplementation/ SI/ Consulting Partner · 1 October 2025SEGEN Capital acted as transaction advisor to Coris Holding in the €100M co-investment alongside ADNA as legal advisor.
• 2X GlobalcoreStrategic or Co-development Partner · 1 January 2025MCP joined 2X Global in 2025, demonstrating commitment to gender-lens investing. 43% of MCP's workforce is female and 38% of senior management positions are held by women.
• United Nations Principles for Responsible Investment (UNPRI)coreStrategic or Co-development Partner · 1 January 2013MCP is a signatory of UNPRI, integrating ESG principles into investment decisions. The firm is aligned with Operating Principles for Impact Management, GRI, and TCFD standards.
• Operating Principles for Impact ManagementcoreStrategic or Co-development Partner · 1 January 2013MCP is a signatory of the Operating Principles for Impact Management, aligning impact measurement and management with global best practices across its portfolio.
• Riva y García Gestión S.A. (Co-manager)coreImplementation/ SI/ Consulting Partner · 1 January 2013Riva y García Gestión S.A. co-manages Fons Mediterrania Capital FCR de RS (MC I) alongside MCP. Spanish co-manager for CNMV-regulated fund.

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Helios Investment Partners: Pan-African private equity firm investing across consumer, financial services, TMT, and industrials in North and Sub-Saharan Africa. Direct peer to MCP in mandate, geography, and mid-cap ticket size, with similar LP base of DFIs and institutional investors.
• African Capital Alliance: West Africa-focused private equity manager with offices in Lagos and other African hubs, investing in mid-cap growth and buyouts. Direct peer to MCP in the West African mid-cap segment, particularly given MCP's growing WAEMU focus via Coris Holding.
• AFIG Funds: Pan-African private equity fund manager investing in SMEs and mid-caps across Sub-Saharan Africa. Comparable to MCP in ticket size, sector mix, and DFI LP base, though with heavier Sub-Saharan focus.
• Development Partners International (DPI): Africa-focused private equity firm investing in mid- and large-cap companies with growth capital, buyouts, and strategic capital solutions. Comparable to MCP for African mid-cap growth equity mandate, though DPI typically operates at larger ticket sizes.

Broad incumbents

• Actis: Global emerging-markets PE investor with a long-standing African mid-cap and growth equity franchise across consumer, financial services, and infrastructure. Comparable to MCP because both pursue control-oriented growth investments in African enterprises, but Actis operates at significantly larger fund size and broader geographic scale.
• EFG Hermes (Private Equity arm): MENA-focused investment bank with a private equity arm investing across North Africa. Comparable to MCP for North African mid-cap investment activity and Casablanca/Western Mediterranean exposure, though embedded within a much larger financial services platform.

Emerging players

• Fanisi Capital: East Africa-focused private equity fund manager targeting SMEs and mid-cap businesses. Comparable to MCP as an African mid-cap PE peer with DFI backing, though geographically focused on East Africa rather than North/West Africa.
• Injaro Investments: West Africa-focused impact private equity firm investing in SMEs across Ghana and francophone West Africa. Comparable to MCP for its emerging-market mid-cap investment focus and impact orientation, but operates at smaller fund size.

Regional players

• Verod Capital Management: Nigeria-focused growth equity and mid-market PE firm. Regional peer to MCP given its emerging-markets mid-cap growth orientation and similar portfolio construction approach, but operating primarily in a different geography.
• CardinalStone Capital Partners: West Africa-focused alternative investment manager with private equity and venture offerings. Comparable to MCP through its mid-cap growth equity orientation and West African footprint, though smaller scale and Nigeria-centric.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCmBxa-EDilIWakYJr1_J6SQ
• LinkedInlinkedin.com/company/mediterrania-capital-partners

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments25 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mediterrania Capital Partners