From its very first venture, Compass Capital has demonstrated success, outperforming the market over a challenging period for the equities sector.
CI Capital
Exited 2018 Through IPO
In March 2017, Compass, along with a group of investors, acquired a stake in CI Capital from the Commercial International Bank (CIB), one of Egypt’s top investment banks. CI Capital serves leading local, regional and global institutions as well as high net worth investors. Compass Capital, along with management, developed strategic initiatives aimed at growing the bank’s existing platform in a direction that realizes its full potential. Compass successfully completed a partial exit of its investment in CI Capital through an initial public offering (IPO) on the Egyptian Exchange (EGX) that was more than 29.5x oversubscribed in the retail offering and 6.1x in the international offering. The transaction advisors were Jeffries and CI Capital
Beltone Financial Holding
Exited 2015
In 2012, Compass completed the acquisition of a significant minority in Beltone Financial Holding, a top-tier investment bank, as well as a majority stake of Beltone Brokerage. During the course of Compass’s investment, Beltone reversed net losses, turning to profitability in just eight months following the acquisition. It fulfilled its strategy to divest in non-core assets, streamline costs, and focus on new products and asset within each respective division. A full exit was completed in November 2015, with Beltone’s market capitalization grew by 3.75X over the three and a half-year investment period.