Newbrook Capital Solutions (“Newbrook”) is delighted to announce it has advised Alterra Capital Partners (“Alterra”) on its strategic investment in ARP Africa Travel Group (“ARP” or the “Company”), where they have partnered with the founding family to drive the company’s expansion across East Africa and beyond.
Alterra is an Africa-focused private equity firm, formed by former Carlyle Group executives in 2020 that partners with exceptional entrepreneurs and management teams to grow their businesses. Alterra targets domestic-facing companies that serve basic consumer and vital business needs.
The Alterra team has over 100+ years of combined private equity experience and invested $1.9 billion of capital into 20 companies across Africa. The Alterra team has lived and worked on the continent for decades and leverages its substantial experience and deep networks to drive the growth of its investments.
Eric Kump and Genevieve Sangudi led the transaction for Alterra.
ARP, which operates Pollman’s Tours and Safaris Limited in Kenya, Ranger Safaris in Tanzania, and ARP Africa Travel in the United Kingdom, specializes in destination management services in East Africa.
Established in 1978 in Tanzania, the Company partners with travel agents in 50 countries across five continents, curating travel experiences for international visitors to the region.
Founded in 2023, Newbrook is led by five highly experienced Partners, with over 150 years combined experience in financing and advisory mandates for private equity, portfolio investments and corporate clients. The firm advises on the full suite of operating company, holdco and off-balance sheet debt instruments in addition to equity products across the full life cycle of a deal: from initial acquisitions, add-ons and event led refinancings to other structured solutions with the central objective of helping clients to maximise shareholder value.
Alex Eptas, Partner, led the transaction for Newbrook, alongside Harry Hill and Christian Freeman.
“Alterra received outstanding support and expert guidance from the Newbrook team during our recent acquisition of ARP. We particularly appreciated their transparent, creative and partner-led approach throughout the process. We look forward to collaborating again with Newbrook on future transactions,” said Eric Kump, Partner at Alterra Capital Partners.