8 Miles Mergers and Acquisitions Summary

Private Equity Firm Profile

8 Miles’ most common sectors for investment areagriculture (25%) and financial services (25%) . The Firm’s most common investment types include stake purchase (75%) and growth capital (25%). In total, 8 Miles has invested in 5 different countries. Its largest (disclosed) acquisition occurred in 2016 when it acquired Beloxxi Industries for $80M.

In the last 3 years, 8 Miles has exited 3 companies. The Firm’s most common exit type is stake sale (60%).

Subscribe to Mergr to view 8 Miles’ full profile and discover more small private equity firm investors just like it.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity8
    • M&A Sell Activity5
  • Total Sectors Invested 5
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 2
  • M&A Advisors 3

8 Miles

8 Miles LLP

13th Floor One Angel Court,
London, EC2R 7HJ
United Kingdom
www.8miles.com
info@8miles.com

8 Miles is a private equity firm focused on investing in Africa. The Firm looks to invest in high-growth companies and generally seeks to commit $15 to $45 million per transaction. Sectors of interest include agriculture, business services, financial services, consumer products, retail, energy, utilities, healthcare, leisure, real estate, telecom, media, technology, and logistics. 8 Miles was formed in 2008 and is based in London.


Investment Criteria

Sectors of Interest: Agriculture, Business Services, Communications, Consumer Products, Education, Energy Services and Equipment, Financial Services, Food, Healthcare Services, Media, Real Estate, Retail, Transportation, Utilities

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Stake Purchase

Geographic Preferences: Africa

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 15 45
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.0/yr) # 8 - - - - - 8
vol $80M $80M
Sell (1.0/yr) # - 2 - 2 1 - 5
  13

Most Recent M&A

Company Date Value Type
Awash Wine Share Co. 2024-09-03 - Stake Sale
Addis Ababa, Ethiopia · www.awashwines.com
Biyinzika Poultry International Ltd. 2023-12-01 - Stake Sale
Bugolobi, Uganda · www.biyinzika.co.ug
Blue Skies Holdings Ltd. 2023-01-01 - Stake Sale
Pitsford, United Kingdom · www.blueskies.com
Eagle Chemicals Group 2021-06-07 - Stake Sale
Cairo, Egypt · www.eagle-chemicals.com
Orient Bank Ltd. 2021-05-03 - Trade Sale
Kampala, Uganda · www.orient-bank.com
Blue Skies Holdings Ltd. 2017-03-29 - Stake Purchase
Pitsford, United Kingdom · www.blueskies.com
Beloxxi Industries Ltd. 2016-08-15 80M USD Growth Capital
Lagos, Nigeria · www.beloxxigroup.com
Verde Beef Processing PLC 2016-04-25 - Stake Purchase
Adami Tulu, Ethiopia · www.verdebeef.com
Orient Bank Ltd. 2015-02-24 - Stake Purchase
Kampala, Uganda · www.orient-bank.com
Eagle Chemicals Group 2014-09-02 - Stake Purchase
Cairo, Egypt · www.eagle-chemicals.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Food 1 (100%) 80M (100%) 2 (25%) 80M (100%)
Agriculture - - 2 (25%) -
Financial Services - - 2 (25%) -
Beverages - - 1 (13%) -
Chemicals - - 1 (13%) -
Total 1 $80M 8 $80M

Acquisitions By Geo

State/Country Current # Value All-time # Value
Ethiopia - - 3 (38%) -
Uganda - - 2 (25%) -
Nigeria 1 (100%) 80M (100%) 1 (13%) 80M (100%)
United Kingdom - - 1 (13%) -
Egypt - - 1 (13%) -
Total 1 $80M 8 $80M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Stake Purchase - - 6 (75%) -
Growth Capital 1 (100%) 80M (100%) 2 (25%) 80M (100%)
Total 1 $80M 8 $80M

Exits by Deal Type

Type Total # Value
Stake Sale 4 (80%) -
Trade Sale - Public Company 1 (20%) -
Total 5 -

Top M&A Advisors

Financial Deals
KPMG Corporate Finance
1
Legal Deals
Clifford Chance
3
Bowmans Kenya
1

Deal Values

buy # Total
< $100M 1 $80M
TOTAL $80M
Largest Beloxxi Industries Ltd.
$80M (2016-08-15)

M&A Connections

Deals
Exited to
Investor(s)
20%
1 (20%)
Strategic(s)
20%
1 (20%)

FAQ

When was 8 Miles founded?

8 Miles was founded in 2008.

What type of investor is 8 Miles?

8 Miles is a private equity firm.

Where is 8 Miles headquartered?

8 Miles is headquartered in London, United Kingdom.

 Subscribe to unlock this and 215,016
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

Mergr is a user-friendly database designed to simplify the complex world of private equity and M&A for busy professionals.

We created Mergr to eliminate the challenge of tracking company acquisitions, sales, and ownership, providing clear insights into investment firms and their activities. For example, explore an investment firm’s investment criteria, deal history, portfolio, and connections - organized to help you uncover opportunities and make informed decisions.

With Mergr, gain access to a comprehensive, interconnected web of transactions, investors, companies, and advisors - all in one place.

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.7K Private Equity Firms
  • 208K M&A Transactions
  • 210K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.7K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

What next?

Get Full Access

Full access to Mergr's investor, acquirer, and transaction data starts here.