I&M Burbidge Capital

What I&M Burbidge Capital does

I&M Burbidge Capital Limited is a Nairobi-headquartered corporate finance advisory firm operating across Sub-Saharan Africa with a specific focus on East Africa. Founded in 2010 by Edward Burbidge as Burbidge Capital Limited, the firm was acquired in 2016 by I&M Group Plc (NSE-listed, c. USD 500M market capitalization), which now holds a 65% majority stake. The firm operates from two locations — Nairobi (headquarters at 1 Park Avenue, First Parklands Ave) and Kampala, Uganda (wholly-owned subsidiary established in 2012) — and runs a team of approximately 15 professionals.

The firm offers five interconnected advisory service lines: Mergers & Acquisitions Advisory, Private Equity Advisory, Strategic Options Advisory (including business valuations and strategic/financial reviews), Debt Products Advisory (corporate bonds, commercial paper, mezzanine debt, bank syndications), and Equity Capital Raising Advisory (IPO and private equity placements). Its underlying "platform" is the experience of its deal team rather than a technology product — leadership combines veterans from The Abraaj Group, Aureos Capital, Meghraj Capital, Standard Bank, PwC, Deloitte and I&M Bank. The firm is sector-agnostic and targets mid-to-large companies with transaction sizes typically between USD 5M and USD 300M, alongside private equity firms, DFIs and family businesses. The firm supplements its advisory work with thought-leadership output including monthly and annual East Africa Financial Reviews and adhoc publications on family business governance and PE exits.

Revenue is generated exclusively through professional services fees — primarily success-based advisory fees on completed M&A, capital-raising and PE transactions, supplemented by retainers. Go-to-market is direct sales-led, with engagement originating from senior advisors, the I&M Group banking distribution network (Kenya, Tanzania, Rwanda, Uganda), and partner investment banks in Africa, Europe and Asia. The firm reports over 100 successfully completed mandates to date, with named clients including TPG Growth, Glacier Products, Actis and DFCU Bank. Pricing is not publicly disclosed and is structured per engagement rather than via standardized pricing tiers.

Name

I&M Burbidge Capital

Legal name

I&M Burbidge Capital Limited

Website

https://imburbidgecapital.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

I&M Burbidge Capital is a Nairobi-based corporate finance advisory firm serving mid-to-large companies, PE firms, DFIs and family businesses across Sub-Saharan Africa, with a focus on East Africa. It is a 65%-owned subsidiary of I&M Group Plc and delivers M&A, PE, strategic options, debt and equity capital raising advisory across transactions typically sized USD 5M–USD 300M.

Ownership category

akta.pro rank

Product category

Corporate Finance Advisory

NAICS

Investment Banking and Securities Intermediation (523150)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

M&A Advisory (Buy-side/Sell-side) (BPAHADAC), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG), Buy-Side M&A Advisory (FSAEAGAB)

Keywords

• Corporate finance advisory
• Mergers acquisitions advisory
• Private equity advisory
• Capital raising advisory
• Strategic financial advisory

Headquarters

HQ city

Nairobi

HQ country

Kenya

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Advisory Fees: Corporate finance advisory fees for services including M&A transactions, private equity advisory, IPO advisory, debt and equity capital raising, and strategic reviews. Fees are typically structured as success fees tied to transaction completion or retainer-based engagements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

I&M Burbidge Capital is a corporate finance advisory firm that advises mid and large-sized companies across Sub-Saharan Africa (focused on East Africa) on significant capital raising through IPOs, private equity, debt, and M&A transactions. Its core offerings cover five interconnected advisory service lines: M&A advisory, private equity advisory, strategic options advisory, debt products advisory, and equity capital raising advisory, supplemented by periodic financial review publications.

Product overview

I&M Burbidge Capital is a Corporate Finance Advisory firm that offers a unified suite of advisory services rather than a technology product platform. The core offering consists of five interconnected advisory services: Mergers & Acquisitions Advisory, Private Equity Advisory, Strategic Options Advisory, Debt Products Advisory, and Equity Capital Raising Advisory. These services are designed to help businesses in Sub-Saharan Africa (with focus on East Africa) raise significant capital through IPOs, private equity, debt, and M&A transactions. Additionally, the firm publishes periodic financial research publications including the East Africa Monthly and Annual Financial Reviews, as well as adhoc publications on topics such as private equity exits and family business governance. The firm focuses on mid and large-sized companies with typical transaction sizes of USD 5 million to USD 300 million.

Differentiator

Problem solved

Functional benefit

Products and services

• Mergers & Acquisitions Advisory Objective, sector-focused advisory services that help clients navigate the complexities of M&A transactions, including evaluation of potential acquirers or targets, transaction structure advice, valuation, and financing assistance. Targets mid and large-sized corporates and PE firms in Sub-Saharan Africa.
• Private Equity Advisory Tailored advisory for PE firms and DFIs investing in Sub-Saharan Africa, including portfolio evaluation, buy-side due diligence, investment sourcing, exits, and valuation.
• Strategic Options Advisory Advisory on optimal financial structure to enable clients to realize corporate strategy, including strategic and financial reviews, business valuations, and analysis of strategic options such as M&A, private equity, public equity, mezzanine capital, and debt funding.
• Debt Products Advisory Advisory on selecting and securing cost-effective capital solutions consistent with market conditions and management objectives, including corporate bonds, commercial paper, mezzanine debt financing, and bank syndications.
• Equity Capital Raising Advisory Assistance in structuring and valuing businesses in preparation for IPO or significant private equity capital raise, followed by execution to achieve the best possible value for shareholders.

Quantifiable outcome

• Over 100 successfully completed mandates
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Partner Investment Banks (Africa, Europe, Asia)minorStrategic or Co-development PartnerI&M Burbidge Capital has established ties with partner investment banks across Africa, Europe and Asia to extend reach and capabilities across the continent and globally.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Regional players

• Rand Merchant Bank (RMB): South Africa-based investment bank with a growing pan-African advisory footprint. RMB competes for cross-border M&A and capital raising mandates involving East African targets, though it primarily operates from a Southern African base.
• Absa Corporate and Investment Banking: Absa's CIB division provides corporate finance advisory, debt capital markets, and equity advisory across multiple African markets including Kenya. It competes for larger mandates but is regionally headquartered in South Africa.
• Stanbic IBTC Capital: Nigeria-based investment banking subsidiary of Standard Bank Group offering M&A advisory, debt and equity capital markets, and project finance. While headquartered in Nigeria, it pursues pan-African deals including East African transactions, positioning it as a regional rather than local peer.

Direct peers

• Deloitte East Africa Financial Advisory: Deloitte's Financial Advisory practice in East Africa provides M&A, due diligence, valuations, and corporate finance services across the same regional market and customer segments. Former IMBC VP Cinday Ndungu joined from Deloitte, evidencing direct talent flow and competitive overlap.
• KPMG East Africa Deal Advisory: KPMG's Deal Advisory and Corporate Finance practice in Kenya, Uganda, and Tanzania offers transaction services, valuations, and M&A advisory directly competing for the same mid- and large-cap clients in Sub-Saharan Africa.
• Standard Bank Corporate Finance East Africa: Standard Bank Group's East Africa corporate finance advisory desk (previously led by IMBC Director Naval Sood) competes directly in the same regional advisory market for M&A and capital markets mandates, often serving larger transaction tickets.
• Cranbrook Capital: East Africa-focused boutique corporate finance advisor offering M&A and capital raising services to mid-market companies. Closest comparable in terms of size, regional focus, and boutique positioning within the same East African market.
• EY-Parthenon East Africa: EY-Parthenon's transaction advisory and corporate finance services in East Africa overlap with I&M Burbidge Capital's M&A, capital raising, and strategic options work, targeting the same corporate and PE clients.
• PwC East Africa Corporate Finance: The Deals / Corporate Finance practice of PwC in Kenya and East Africa offers M&A advisory, valuations, due diligence, and capital raising services directly overlapping with I&M Burbidge Capital's service lines and target customer base of mid- and large-sized East African corporates.

Emerging players

• Cytonn Investments: Kenya-based alternative investment and advisory firm providing corporate finance, real estate, and private equity services. While broader than pure-play advisory, it competes for some of the same mid-market East African corporate finance mandates.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/BurbidgeCapital
• LinkedInlinkedin.com/company/burbidge-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about I&M Burbidge Capital