Actis Establishes Credit Services Holdings, Invests in Biscuit Brand Jiashili Food Group (Asia, Sub-Saharan Africa)
Source: Actis
Pan-emerging markets private equity firm Actis has established Credit Services Holdings (CSH), a buy-and-build credit services business, and plans to invest US$100 million in the platform. CSH’s first investment will be acquiring 100 percent of South Africa-based credit bureau Compuscan. The investment will take place alongside the Compuscan management team. Separately, Actis has invested in China-based biscuit brand Jiashili Food Group alongside Jiashili’s current chairman and owner. Financial details of the transaction were not disclosed.