Adenia Partners is pleased to announce that Stephane Bacquaert has joined the team as Managing Director and member of the Board. He will be primarily focused on leading Adenia private equity activities in West Africa.
Stephane joins from Wendel where he was Managing Director and CEO of Wendel Africa for the last 15 years. At Wendel, Stephane led the IPO of Bureau Veritas where he has been a Board member for more than 10 years. He led the investment strategy of Wendel in Africa where the group invested over $1Bn since 2013. He was on the Board of IHS Holding, Tsebo Solutions Group, Saham Group and PlaYce Africa, as well as Materis and Mecatherm in Europe.
Stephane was previously a Partner at Atlas Venture, an international venture capital fund with $2.5Bn under management, where he specialized in new technologies, media and telecoms. He began his career at Bain & Company, a leading strategy consulting firm, where he conducted studies in the telecom, banking and private equity industry in Europe and Central America. He then co-founded and led NetsCapital, an investment bank specialized in TMT.
Stephane graduated from the Ecole Centrale Paris and the Institut d’Etudes Politiques Paris and holds an MBA from the Harvard Business School (Baker Scholar).
Antoine Delaporte, Founder of Adenia Partners, said: "I am very pleased to welcome Stephane to Adenia Partners. Stephane’s outstanding investment experience specifically in Africa will help Adenia to reach the next level of performance and to continue delivering superior return to all our stakeholders. I am convinced that together with our exceptional team Stephane will consolidate Adenia’s leadership in the African private equity sector."
Stephane Bacquaert added: "I am very excited to join Adenia Partners. Private equity is rapidly growing in Africa, and Adenia is uniquely positioned on the market, with its entrepreneurial mindset, and its focus on control investments. Since 2002, Adenia has had a great track record of driving sustainable business transformation and consistently achieving superior returns. I am looking forward to working closely with Antoine, Alexis and Adenia’s talented team to further develop our platform and impact across the continent."
About Adenia Partners
Since 2002, Adenia has successfully raised USD500 million across 4 funds. We are the only PE firm on the continent that invests exclusively in controlling stakes. Adenia has a proven track record of strong and consistent performance with 24 platform investments executed and 14 exits realized. Adenia has one of the most highly qualified teams in African PE in terms of education pedigree, longstanding experience as entrepreneurs, investors and local in-depth knowledge. All team members are based in our 5 offices across Africa (Mauritius, Ghana, Cote d’Ivoire, Kenya, Madagascar). Value creation is mainly driven by strategic and operational levers. Sustainable business transformation inclusive of impact measurement is a key component of Adenia’s core philosophy.« Back to Member News