Ignition Group - Onex Falcon

Ignition Group

Rapidly growing international company seeking a customized capital solution

Business Description:

Headquartered in Durban, South Africa, Ignition Group is the country’s leading direct to consumer marketer of post-paid mobile phone plans, financial services and value added services subscriptions.

Falcon Solution:

Falcon structured and led a $50 million cross-border investment in order to support the Company’s rapid growth while minimizing dilution to existing shareholders.

Back to Investments

Investment Date:

JUL 2014

Transaction Type:

Growth

Industry:

Consumer services - telecommunications

Sponsor:

Management

Securities:

Senior secured debt with warrants

Exit Date:

Current investment