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Anthem advised TLG Capital on its $11.5 million investment in Grace Lake Partners

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Anthem advised TLG Capital on its $11.5 million investment in Grace Lake Partners (GLP), the exclusive Nigerian partner of French outdoor advertising company JCDecaux.

The 5-year structured loan facility from the TLG Credit Opportunities Fund will be used to fund the growth of GLP’s existing businesses, including expanding the geographical footprint of its outdoor advertising company JCDecaux Grace Lake. GLP has also made investments in the infrastructure, healthcare, media and retail sectors.

With our investment in Grace Lake Partners, we believe there is significant opportunity to help accelerate the expansion of the company’s businesses in Nigeria. We are committed to the growth story of Sub Saharan Africa.
— Saad Sheikh, Principal, Private Investments at TLG
We are delighted to have worked alongside TLG Capital and Grace Lake Partners on this important transaction, adding to the roster of innovative private equity and financing deals completed we have completed in Nigeria and across sub-Saharan Africa.
— John Basnage, Managing Partner at Anthem Advisory
Source: https://africacapitaldigest.com/tlg-makes-...