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Private Equity

Abraaj Group To Buy Java House

by posted 1year ago 447 views
Abraaj Group said July 3 that it agreed to buy Java House Group. Emerging Capital Partners and Kevin Ashley, Java House founder and chairman, were the sellers. Financial terms weren’t announced. Java House, of Nairobi, Kenya, is a casual dining, food services chain in East Africa with 60 outlets. Freshfields Bruckhaus Deringer LLP and Bowmans Kenya acted as legal advisers, while PwC acted as financial and tax advisers to Abraaj on the transaction.

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