INVESTMENT WATCH- TCV closes second growth capital transaction in food additives provider Misr Food Investment: Egypt’s TCV (formerly Tanmiya Capital Ventures) announced in a release yesterday (pdf) that its mid-cap investment fund TCV1 has closed its second growth capital transaction in food additives provider Misr Food Investment. TCV announced it is bringing on industry veterans Omar Mandour and Ahmed Nazmy, each of whom have more than 20 years of experience in the FMCG space, “to complement the management team and spearhead the next stage in the company’s growth trajectory,” the statement says. Al Tamimi & Co. served as legal counsel and Grant Thornton ran financial due diligence for the transaction.

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