Friday, June 29, 2018

Leading Pan-African law firm, Bowmans, has won the Single Deal Advisor of the year Award at the Private Equity Africa Awards 2018 (PEA Awards) for the second consecutive year. 

Bowmans won the award for acting as lead counsel to Capitalworks in relation to its acquisition of Aon plc’s shareholding in insurance brokerage and employee benefit operations in 10 African jurisdictions.

The accolades were presented at the 7th Annual PEA Awards Gala Dinner earlier this month. The dinner was hosted at Langham Hotel in London and attended by over 200 industry participants.

The final winners were chosen by an independent panel of leading industry professionals, which included representation from Proparco, Morgan Stanley, FMO, Swedfund, Hamilton Lane, Mbuyu Capital Partners, HarbourVest, IFC and Cebile Capital.

The 2018 PEA Awards received a record number of entries, the highest since the awards were launched. Based on 2017 achievements, the self-entries were complemented by editorial recommendations from the Private Equity Africa team and industry data.

The nominations were in partnership with the London Business School Private Equity Institute.

Head of the firm’s Private Equity Practice, John Bellew, said, “We are proud of the work that we did on this complex transaction which illustrates our ability to support our clients across multiple African jurisdictions”. 

Gail Mwamba, the Awards Chair and Editor of Private Equity Africa, said: "Well done to all the Winners of the 2018 Private Equity Africa Awards. The quality of the entries we saw this year shows that Africa continues to offer immense opportunity for private equity, and demonstrates and the resilience of the industry.  Congratulations to Bowmans”.