Africa Search Capital acquires majority stake in Falcon Security Hub

COTE D’IVOIRE – Africa Search Capital (ASC) has announced the acquisition of a majority stake in Falcon Security Hub (Falcon). The transaction, which culminates a 12-month search process for ASC, is the first successful acquisition by a traditional Search Fund in Africa. Established in 2020 by Principal Yves Biyah and supported by various local and international Search Fund investors, ASC is an investment holding company designed to identify, acquire and operate a single business in West Africa over the long-term. “Falcon is recognized as the market leader in electronic security…

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