Red Med Corporate Finance, a top-tier investment bank specializing in mergers and acquisitions, market operations, and strategic advisory services, played a pivotal role in advising GrowthGate Capital during the sale of its stake in Retail Holding. Retail Holding is a major player in the food distribution and consumer goods sectors in Morocco and West Africa.
Following this transaction, a consortium made up of the International Finance Corporation (IFC), Fipar-Holding, and CDG Invest Growth acquired 21.5% of Retail Holding’s capital. They join forces with historical shareholders Best Financière and Sanam Group in the company.
Karim Souaid, Managing Partner at GrowthGate Capital, expressed his satisfaction: “This strategic transaction reflects our ongoing commitment to the companies in our investment portfolio and the region’s development. We are proud to have closely supported the outstanding management team at Retail Holding, contributing to its growth and success. We also extend our gratitude to our financial advisor, Red Med Corporate Finance, and all those involved in making this deal a reality.”
Red Med Capital’s founder and president, Abdeslam Ababou, emphasized the significance of the transaction, stating, “This deal solidifies our role as a strategic advisor in major operations that fuel the growth of regional leaders.”
Amine Alami, Partner and Director of M&A at Red Med Corporate Finance, added: “We are proud to have advised GrowthGate Capital in this strategic operation. It underscores our expertise in structuring complex M&A deals and our ability to collaborate with top institutional partners to support high-impact investments in Morocco and across Africa.”
With over $12 billion in transactions intermediated, Red Med Corporate Finance has cemented its status as a leading player in mergers and acquisitions, fundraising, and strategic deals in Morocco and the broader African region.
