Accelero Capital announced it acquired the ownership interest of its largest shareholder, Orascom TMT Investments (OTMTI), in a management buyout. In addition to the changes in Accelero Capital’s ownership structure, the transaction also includes the discontinuation of the management of certain assets for which Accelero Capital provided management, consultancy, and advisory services. OTMTI will remain a strategic investor in the ACDC fund managed by Accelero Capital that invests in the development of data center ecosystems globally. Khaled Bichara, co-founder of Accelero Capital commented on the transaction saying: “Moving forward, we will continue to aggressively source turnaround and high growth opportunities with an industry agnostic approach and a focus on fundamentals.” Accelero has managed investments of over USD 550 mn over the past five years and has also raised over USD 225 mn for direct deployment and acquisitions through its investment funds. We first reported on OTMTI’s exit from Accelero Capital yesterday.

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