Overview
Premier advisory for private equity, venture capital and growth equity.
Aluko & Oyebode’s Private Equity & Venture Capital practice is Nigeria’s leading advisor to PE funds, VC investors, growth equity firms, portfolio companies, and management teams. We have advised on numerous Nigerian PE and VC transactions, from early-stage venture investments to large-cap buyouts.
Our PE and VC practice covers fund formation and structuring, venture capital and growth equity investments, leveraged buyouts and management buyouts, minority and majority PE investments, shareholder agreements and governance, management equity and incentive plans, portfolio company support, exits through trade sales or IPOs, and regulatory approvals for PE and VC transactions.
We understand PE and VC deal dynamics, balancing investor protection with operational flexibility, structuring for exit optionality, navigating Nigerian regulatory constraints on foreign investment, managing founder relationships, and delivering execution excellence on complex, time-sensitive transactions in Nigeria’s dynamic PE and VC market.
Services
Venture Capital & Growth Equity
Seed, Series A, B, C investments in startups and growth companies, term sheet negotiation, investment structuring, due diligence, shareholder agreements, and managing multi-investor syndicates in fast-moving VC deals.
Buyouts & Acquisitions
Leveraged buyouts, management buyouts, control acquisitions by PE funds—structuring acquisitions, arranging debt financing, negotiating with sellers and management, and implementing post-acquisition value creation plans.
Fund Formation
PE and VC fund formation, limited partnership agreements, fund governance, regulatory compliance with SEC’s rules on venture capital funds, and coordinating with offshore fund counsel.
Portfolio Company Support
Ongoing legal support to portfolio companies; corporate governance, commercial contracts, regulatory compliance, follow-on financings, add-on acquisitions, and operational legal matters.
Exits & Liquidity
Trade sale exits, IPO preparations, secondary sales, management buyouts of PE investors, and maximising exit value through structured sale processes and competitive dynamics.
Selected Experience
Fintech $18M Series B Financing
Represented AI-powered lending platform in $18 million Series B led by international VCs; negotiating term sheet, conducting investor due diligence, structuring preference shares, drafting shareholder agreement, and securing CBN approvals.
₦25 Billion Management Buyout
Advised PE consortium on ₦25 billion MBO of manufacturing company; structuring leveraged acquisition, negotiating management equity participation, arranging debt financing, and executing multi-stage buyout transaction.
E-Commerce Growth Equity Investment
Advised a growth equity fund on $30 million minority investment in e-commerce platform; conducting commercial and legal due diligence, negotiating investor rights, structuring governance, and managing multi-jurisdictional investment.
PE Portfolio Company Exit via Trade Sale
Represented a PE fund in exiting portfolio investment through trade sale—managing competitive sale process, negotiating with strategic acquirers, coordinating with management, and achieving 3.5x return on $40 million investment.
Client Quotes
“Aluko & Oyebode have a solid understanding of Nigerian capital markets infrastructure, and their client service is fantastic.”
“The team at Aluko & Oyebode understands the Nigerian market well.”
Awards and Accolades
Best Syndicated Loan Highlighted through AFC’s win for Best Syndicated Loan on its US$1.16 billion syndicated loan facility. Aluko & Oyebode acted as Nigerian counsel to a global syndicate of lenders on this landmark USD 1.16 billion equivalent (dual-currency) facility to AFC, coordinating complex cross-border documentation, compliance, and syndication
EMEA Finance Achievement Awards 2024
