CONVERGENCE PARTNERS
Convergence Partners, invests as value-adding partners into private equity and infrastructure opportunities in technology and digital sectors across sub-Saharan Africa. It has an asset base in excess of $500 million which it deploys across Southern, East and West Africa through three funds – Convergence Partners Investments, Convergence Partners Communications Infrastructure Fund and the recently launched Convergence Partners Digital Infrastructure Fund. With its strong sector focus and prim... ary strategy of growth stage investing, Convergence Partners brings its deep skills, relationships, experience and capital to actively grow its investments, including catalysing new investment opportunities both directly and via its portfolio companies. Convergence Partners has played a leading role in several landmark African digital infrastructure investments that have changed the paradigm in the availability, quality and affordability of digital services on the Continent. Intrinsic to Convergence Partners is generating and sustaining superior returns on investment while maximising positive impact and accelerating digital inclusion through its focus on infrastructure development in Africa. Convergence Partners was awarded the Best TMT Impact Investment Strategy for Africa 2020 by CFI.co.
CONVERGENCE PARTNERS
Industry:
Finance Impact Investing Information And Communications Technology (ICT) Venture Capital
Founded:
2006-03-03
Status:
Active
Contact:
+27115505320
Email Addresses:
[email protected]
Total Funding:
400 M ZAR
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Current Employees Featured
Founder
Acquisitions List
| Date | Company | Article | Price |
|---|---|---|---|
| 2021-02-25 | Ctrack | Ctrack acquired by Convergence Partners | 26.2 M USD |
| 2016-04-13 | e4 | e4 acquired by Convergence Partners | N/A |
Investors List
Nedbank
Nedbank investment in Debt Financing - Convergence Partners
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2021-05-26 | LifeQ | Convergence Partners investment in Series A - LifeQ | 47 M USD |
| 2020-12-07 | Channel VAS | Convergence Partners investment in Private Equity Round - Channel VAS | 5 M USD |
| 2018-12-06 | Snapt | Convergence Partners investment in Series A - Snapt | 3 M USD |
| 2017-11-09 | ESET | Convergence Partners investment in Private Equity Round - ESET | N/A |
| 2017-05-17 | Csquared | Convergence Partners investment in Venture Round - Csquared | 100 M USD |
| 2016-07-04 | Comsol Networks | Convergence Partners investment in Private Equity Round - Comsol Networks | 34 M USD |
| 2016-05-31 | Snapt | Convergence Partners investment in Seed Round - Snapt | 1000 K USD |
| 2016-03-21 | inQuba | Convergence Partners investment in Venture Round - inQuba | N/A |
| 2015-08-11 | Venture Garden Group | Convergence Partners investment in Venture Round - Venture Garden Group | 20 M USD |
| 2014-09-01 | Synergy Communications | Convergence Partners investment in Venture Round - Synergy Communications | N/A |
Newest Events participated
Participated in Nigeria Com 2017
on 2017-09-20 as sponsor