Without doubt one of the most ballsy deals I have come across from a UK PE House. Perhaps some other PE Houses could help UK SMEs by stretching their investment criteria envelope a little.
A British private equity company has taken a stake in an Afghan pharmacy chain in a deal touted as evidence that the country is opening to business and foreign capital in spite of its ongoing political violence. London-based InFrontier wants to expand the 786 Pharmacy brand into Afghanistan’s first national drug-dispensing chain while also looking for other companies to invest in across the war-ravaged country. InFrontier’s founders, Felix von Schubert and Benj Conway, say events such as last week’s deadly Taliban attack on the Afghan parliament are obscuring gradual recovery in the economy from decades of conflict.