Radix developed a transaction roadmap, a valuation report and other selling documents to facilitate the transaction. From transaction inception to financial close, the Radix team exhibited an exemplary level of professionalism.

We are especially grateful to them for getting an offer price that exceeded our expectations owing to their negotiation on our behalf. Radix Capital offered unique and sound financial advisory services to our company by ensuring the success of the 100% acquisition of Clearline International Limited.

Subsequent to the directive by the Central Bank of Nigeria (“CBN”) for commercial banks to divest from non-banking subsidiaries, the Radix Capital team was instrumental in assisting in our divestment from four (4) subsidiaries across the pension fund administration, food processing, and outsourcing industries.

The team was instrumental in not running afoul of regulatory requirements and helping to secure binding offers that were reflective of the value we placed on the assets.

At a time when the capital market was not receptive to equity investments and experiencing minimal floatation of capital issues, the Radix team put in the best effort in convincing the stakeholders to achieve the success of the offer in early 2019. This helped to move Mutual Benefit Assurance Plc. on its next phase of growth and repositioning ahead of the recapitalization exercise that was announced by the National Insurance Commission (“NAICOM”) in May 2019.

The continuing regulatory requirements by NAICOM, Securities and Exchange Commission (“SEC”) and the Nigerian Stock Exchange (“NSE”) have been duly complied with, with the assistance of Radix team.

Furthermore, the Radix Capital team sound financial advisory knowledge helped in our acquisition of worldwide insurance company in 2007.