Ethos Private Equity’s $45 Million Acquisition of up to 20% of Channel VAS Investments

Norton Rose Fulbright has advised funds managed by Ethos Private Equity on its acquisition of up to 20 per cent of Channel VAS Investments Limited

Channel Vas is a FinTech and data analytics company that works together with over 27 mobile network operators in over 30 countries globally. It currently serves over 650 million people globally and lends more than US$5 million daily to its customers.

Ethos is one of the leading South African private equity investment firms. Its acquisition of the 20 per cent stake in Channel Vas marks the first investment from Ethos’ large buyout fund, Ethos Fund VII and Ethos Artificial Intelligence Fund.

Norton Rose Fulbright advised Ethos with a team including Bayo Odubeko (Picture) Si Xian Cai, Nariman Armaly and Oji Adoh.

Involved fees earner: Oji Adoh – Norton Rose Fulbright; Nariman Armaly – Norton Rose Fulbright; Bayo Odubeko – Norton Rose Fulbright;

Law Firms: Norton Rose Fulbright;

Clients: Ethos Private Equity Pty;