EXITS
It is easier to invest in private companies than it is to unlock value from these investments. While the venture capital (VC) & private equity (PE) investment space is gaining more and more momentum in Africa, the process of exiting these investments remains a challenge.
What many investors and entrepreneurs don’t realise is that positioning a business for a successful exit already starts in the due diligence process – even before investment. Exit strategies will most likely influence the investment term sheet and govern the relationship between the entrepreneur and investor. It is therefore critical to align interests between them.
EXIT-CENTRIC BUSINESS BUILDING
The investment approach is based on an understanding of the growth gaps in executing an ambitious strategy and overcoming the challenges faced at each stage of the business building cycle from startup to sale. The business should be packaged and enabled to rapidly react to any window of opportunity for corporate activity. Backbone Capital also assists portfolio companies with maintaining a virtual data room at all times.
NOTABLE BACKBONE CAPITAL EXITS
Built in Africa Communities
Labacorp Investments
2025 – Labacorp Investments acquired Built in Africa Communities, a technology startup specializing in research and digital engagement platforms for investors, multinationals, banks, and development institutions operating across Africa.
Built in Africa Communities emerged from the Backbone Accelerator Programme and has developed a suite of custom data solutions designed to support project-based initiatives, partnerships, and informed decision-making across key sectors.
Driving the global growth of African technology-led businesses through strategic funding, expert insights, and powerful networks
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