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Originally published by The Standard BusinessOctober 16, 2025
6h ago
Mi Vida Homes management buys out the developer's owners

A statement from Mi Vida Homes indicated that the developer has reached a share purchase agreement for a management-led buyout of the business from Actis, a private equity fund...
✨ Key Highlights
The management of Mi Vida Homes Ltd has acquired the company from its owners, Actis, a private equity fund, seven years after its inception. This management-led buyout is a significant milestone, though the financial details remain undisclosed and are subject to regulatory approval.
- Mi Vida Homes was incorporated in 2018 with an investment of Sh15.6 billion ($120 million) by Actis and Shapoorji Pallonji.
- Chief Executive Officer Samuel Kariuki highlighted this as the first residential development platform transaction of its kind in the Kenyan market.
- The deal showcases the viability of institutional home builders in Africa, emphasizing high standards of ESG and financial discipline.
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