Fonds PME Croissance

Promoter – Financial Intermediary

MarocInvest, a subsidiary of the TunInvest group

Location

• Morocco

Description

PME Croissance is a Moroccan generalist (all sectors) equity fund that will invest in Moroccan SMEs in the development phase and/or in succession transactions, i.e. buy outs motivated by lack of succession of the entrepreneurs.

Objectives

PME Croissance will address the lack of finance for SMEs, especially for development capital and succession transactions. In addition, it will develop the know-how of the Private Equity sector in the country.

Sector(s)

• Services

Proposed EIB finance (Approximate amount)

MAD equivalent up to EUR 5 million

Total cost (Approximate amount)

The Fund has a target size of the MAD equivalent of EUR 35.40 million

Environmental aspects

N/A

Procurement

Not applicable (private sector investment)

Status

Signed - 13/07/2012