Acquire. Build. Partner. Three modes, one enduring purpose.
We acquire companies with strong fundamentals and long-term growth potential, focusing on durable competitive advantage, experienced management, and alignment with our sector thesis.
We develop new businesses in strategic sectors, leveraging our operational expertise and cross-portfolio insights to identify structural gaps in African markets and build the companies that fill them.
We form SPVs with aligned investors and operators to co-invest and scale operations โ bringing in specialist capital while Lumara retains long-term stewardship of the underlying business.
We evaluate businesses against four criteria: durable competitive advantage, experienced management, strong unit economics, and sector alignment. We respond to every introduction within 5 business days.
Our diligence is operational, not just financial. We visit sites, speak to customers, map supply chains, and stress-test management's vision against market reality.
We are flexible: acquisitions, significant minority stakes, and structured SPV co-investments all fit our model. We prefer majority control but accept minority positions where governance rights are strong.
On close, we immediately deploy our operational playbook: finance function upgrade, management reporting, quick-win revenue initiatives, and a 3-year value creation roadmap co-authored with founders.
We are permanent owners, not operators. Our role evolves from intensive operational support in year one, to strategic counsel and capital allocation as the company scales.
We work with founders, families, and operators seeking permanent capital and a trusted long-term partner.