FyreFem SME Fund and One Africa Capital co-invested into Kelpack in 2020. In 2022 we facilitated a management buy-in and secondaries transaction to Legacy Africa Fund Managers. We hold a small residual shareholding in Kelpack but this deal was our first exit.

Kelpack Website

FyreFem were instrumental in the deal structuring for this transaction in a 100% buyout from a large multinational and it was our first deal concluded in this manner. FyreFem’s CEO still sits on this board.

IA Heating Website