{"id":199560,"date":"2021-08-25T08:53:09","date_gmt":"2021-08-25T06:53:09","guid":{"rendered":"https:\/\/www.africa-newsroom.com\/press\/africa-search-capital-acquires-falcon-security-hub?lang=en"},"modified":"2021-08-25T08:53:09","modified_gmt":"2021-08-25T06:53:09","slug":"africa-search-capital-acquires-falcon-security-hub","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/africa-search-capital-acquires-falcon-security-hub\/","title":{"rendered":"Africa Search Capital Acquires Falcon Security Hub"},"content":{"rendered":"
\"Africa<\/div>\n

<\/p>\n

Africa Search Capital (ASC) (www.AfricaSearchCapital.com<\/a>) today announced the acquisition of a majority stake in Falcon Security Hub (Falcon). The transaction, which culminates a 12-month search process for ASC, is the first successful acquisition by a traditional Search Fund in Africa.<\/p>\n<\/p>\n

Established in 2020 by Principal Yves Biyah, and supported by various local and international Search Fund investors, ASC is an investment holding company designed to identify, acquire and operate a single business in West Africa over the long-term.<\/p>\n<\/p>\n

Founded in 2008 by entrepreneur Stephen Capraruolo, Falcon is a pioneering electronic security company in Cote d’Ivoire, with leading market positions in the remote monitoring of movable and immovable assets, using telematics and video surveillance technologies.<\/p>\n<\/p>\n

Mr Biyah, founder and Managing Partner of ASC, stated: “Falcon is recognized as the market leader in electronic security in Cote d’Ivoire, integrating best-in-class global technologies to deliver tailor-made solutions that enable clients to reduce cost, increase productivity and improve safety. Stephen and his team have developed a compelling value proposition, a blue-chip client base, and an exceptional reputation. Together, we plan to scale current operations and accelerate the rollout of new solutions across new customer segments and geographies. Personally, I am honored to be taking over the company, humbled to preserve Stephen’s legacy, and excited to collaborate with the Falcon team on this next phase of growth.”<\/p>\n<\/p>\n

Mr Capraruolo, who retains a minority stake in Falcon, and will continue working with the company going forward, added: “For more than a decade now, I have grown Falcon from an idea into a commercial reality. Identifying an investor who is not only strategically aligned but also brings fresh ideas and energy to take Falcon forward and enhance my legacy, is a major milestone. Over the past few months, I have been impressed with Yves’ commercial acumen, investor network and strategic vision. I believe Falcon is in good hands, and I’m excited to see what we can do together in the coming years.”<\/p>\n<\/p>\n

The transaction is not subject to any outstanding regulatory approvals or conditions precedent. Falcon will continue to operate and serve clients as usual, without disruption.<\/p>\n

Distributed by APO Group on behalf of Africa Search Capital.<\/i><\/p>\n

Enquiries:<\/strong>
\ny.biyah@africasearchcapital.com<\/a><\/p>\n

Media files<\/b>
\"Africa<\/a>
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Source: Africa Newsroom – APO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa Search Capital (ASC) (www.AfricaSearchCapital.com) today announced the acquisition of a majority stake in Falcon Security Hub (Falcon). The transaction, which culminates a 12-month search process for ASC, is the first successful acquisition by a traditional Search Fund in Africa. Established in 2020 by Principal Yves Biyah, and supported by various local and international Search […]<\/p>\n","protected":false},"author":1,"featured_media":199561,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4584],"tags":[4585],"class_list":{"0":"post-199560","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-africa-news-2","8":"tag-apo","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2021\/08\/africa-search-capital-acquires-falcon-security-hub.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/199560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=199560"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/199560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/199561"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=199560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=199560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=199560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}