Clifftop Colony Capital Partners, a Cape Town based firm focused on bespoke financial services to corporations, early-stage ventures, private equity funds and family offices, acquired Galloti, an accounting firm specializing in financial and operational management and consulting services for corporations expanding across Sub-Saharan Africa and private equity firms looking to expand on the continent.
The transaction, completed for an undisclosed amount, will complement the corporate finance and venture capital offerings of Clifftop, facilitating business building, fund raising, due diligence and best practices implementation. The new business will be trading under Clifftop Frontier Finance.
Clifftop will add Premysl Trojan as a member to its Board of Directors with immediate effect. Trojan was previously Head of Finance for Philip Morris for Sub-Saharan Africa.
About Clifftop Colony Capital Partners
Clifftop Colony is an independent corporate finance advisory, venture investment and operational financial management consulting firm focused on growing businesses in sub-Saharan Africa. Headquartered in Cape Town, the firm also has representatives in the United States, the United Kingdom and Switzerland.