In a bid to create brand publicity, I&M Burbidge Capital, a leading corporate finance advisory firm in East Africa, this week hosted a dinner for a selection of Uganda’s high-net-worth individuals at Kampala Serena Hotel – the high-profile event was aimed at drawing awareness to the company’s services.
I&M Burbidge Capital specializes in advising businesses in the East African sub-continent on significant capital raising through IPOs, private equity, mergers & acquisition and debt transactions. The firm mainly focuses on mid and large-sized companies with typical transaction sizes of $2 million to $250m.
“I&M Burbidge Capital is a sister company to I&M Bank Uganda. We are both under the umbrella of I&M Group, an organization that aspires to be Eastern Africa’s leading financial partner for growth by offering innovative and market-driven banking solutions for its target segments,” Mr Kumathan Pather the Managing Director of I&M Bank Uganda and board member of I&M Burbidge capital said.
Mr Edward Burbidge who founded the company as Burbidge Capital Limited in 2010 and currently serves as its CEO addressed the guests on the history and scope of work the company undertakes.
The company has been operating in Uganda since 2012. In 2016, I&M Group Plc acquired 65% shareholding in Burbidge Capital Group. Following this acquisition, Burbidge Capital was renamed I&M Burbidge Capital.
The company has since extended its reach to other parts of Sub-Saharan Africa as well as set up ties with partner investment banks in Africa, Europe & Asia.
“We have concluded several deals including, I&M Group Plc’s acquisition of Orient Bank, business valuation for Umeme, the sale of Crane Bank Rwanda to Dfcu Bank, Flametree Group’s Initial Public Offering on the Nairobi Stock Exchange and many others,” Mr Burbidge said.
I&M Group Plc is a leader in the financial services industry in East Africa with a significant presence in the banking, insurance, manufacturing and real estate sectors.
The business conglomerate has operations in Uganda, Kenya, Rwanda, Tanzania and Mauritius.
I&M Group is listed on the Nairobi Securities Exchange.