Investments
8Portfolio Exits
4Funds
2About Catalyst Principal Partners
Catalyst Principal Partners is a private equity arm of Metier. It prefers to invest in emerging and mid-sized companies working in the consumer goods, retail, financial services, business services, industrials, manufacturing, processing, technology, and telecommunication sectors. The company was founded in 2009 and is based in Nairobi, Kenya. In MAy 2023, Catalyst Principal Partners merged with Metier.
Latest Catalyst Principal Partners News
May 8, 2023
PE Firm Catalyst Principal Partners Acquires Minority Stake in Kensta Group Reading Time: 2 mins read Catalyst Principal Partners LLC has announced that it has acquired a minority interest in Kensta Group, a 52-year-old family run business in the printing and packaging industry. Kensta is headquartered in Kenya and has operations in four East African countries and Zambia. Kensta Group manages a number of companies within East Africa; Transpaper (Kenya, Uganda, Tanzania, Rwanda), Express Automation (Kenya, Uganda, Tanzania, Rwanda), Vivid Printing Equipment, Fusion Inks, Zenith Rubber Rollers and Phiramid (Zambia). “The primary goal of this partnership between Catalyst and Kensta is to enhance and grow Kensta’s well-established business model and existing presence in East and Central Africa through vertical and geographical expansion. We have confidence in the committed and skilled management team that adopts its business to new trends to deliver market needs and taps into regional prospects while providing opportunities to potential entrepreneurs.” Catalyst Managing Director Rajal Upadhyaya said. ADVERTISEMENT Catalyst’s equity funding and expertise will provide Kensta with a unique opportunity to restructure and stimulate growth through existing and new distribution channels, development and innovation. “Catalyst’s investment in Kensta is an affirmation of our potential and growth trajectory as we enhance our business, regional presence and product portfolio. Our aim is to continuously innovate and confidently undertake business expansion to provide powerful, cutting edge and agile solutions that will benefit our customers, our employees and our industry.” said Priyesh Shah, CEO of Kensta. Catalyst has invested in nine companies across the region. In Kenya, it holds stakes in Jamii Bora Bank and Orbit Chemical Industries. Catalyst’s other portfolio companies outside Kenya include include Chai Bora, ChemiCotex, Effco Solutions and Zenufa Laboratories all in Tanzania and Yes Brands in Ethiopia.
Catalyst Principal Partners Investments
8 Investments
Catalyst Principal Partners has made 8 investments. Their latest investment was in Prime Bank as part of their Private Equity on January 1, 2019.

Catalyst Principal Partners Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/8/2019 | Private Equity | Prime Bank | Yes | 1 | ||
4/28/2017 | Private Equity | |||||
4/25/2016 | Growth Equity | |||||
11/5/2014 | Growth Equity | |||||
9/8/2014 | Private Equity |
Date | 1/8/2019 | 4/28/2017 | 4/25/2016 | 11/5/2014 | 9/8/2014 |
---|---|---|---|---|---|
Round | Private Equity | Private Equity | Growth Equity | Growth Equity | Private Equity |
Company | Prime Bank | ||||
Amount | |||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 1 |
Catalyst Principal Partners Portfolio Exits
4 Portfolio Exits
Catalyst Principal Partners has 4 portfolio exits. Their latest portfolio exit was Jamii Bora Bank on July 02, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
7/2/2020 | Corporate Majority | 2 | |||
Date | 7/2/2020 | |||
---|---|---|---|---|
Exit | Corporate Majority | |||
Companies | ||||
Valuation | ||||
Acquirer | ||||
Sources | 2 |
Catalyst Principal Partners Acquisitions
9 Acquisitions
Catalyst Principal Partners acquired 9 companies. Their latest acquisition was Vitafoam on January 09, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
1/9/2019 | Acq - Fin | 1 | ||||
1/9/2019 | ||||||
8/13/2018 | ||||||
10/10/2016 | ||||||
2/27/2014 |
Date | 1/9/2019 | 1/9/2019 | 8/13/2018 | 10/10/2016 | 2/27/2014 |
---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Fin | ||||
Sources | 1 |
Catalyst Principal Partners Fund History
2 Fund Histories
Catalyst Principal Partners has 2 funds, including Catalyst Principal Partners II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
11/11/2018 | Catalyst Principal Partners II | Expansions & Growth | Open | $155M | 1 |
11/8/2012 | Catalyst Fund I |
Closing Date | 11/11/2018 | 11/8/2012 |
---|---|---|
Fund | Catalyst Principal Partners II | Catalyst Fund I |
Fund Type | Expansions & Growth | |
Status | Open | |
Amount | $155M | |
Sources | 1 |
Catalyst Principal Partners Team
4 Team Members
Catalyst Principal Partners has 4 team members, including current Chief Executive Officer, Paul Kavuma.
Name | Work History | Title | Status |
---|---|---|---|
Paul Kavuma | Chief Executive Officer | Current | |
Name | Paul Kavuma | |||
---|---|---|---|---|
Work History | ||||
Title | Chief Executive Officer | |||
Status | Current |
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