Tanzania heavy equipment rental and logistics firm major stake sold to Kenyan equity company
Catalyst acquires EFFCO Tanzania Ltd *Nairobi*- Kenya-based private equity firm Catalyst Principal Partners has announced acquisition of majority stake in Tanzania of a heavy equipment rental and logistics firm, EFFCO. Catalyst Principal Partners invests amounts of between US$5million – US$20million into deals with an average investment period of between 4 to 6 years. The management-backed buyout is consistent with…