African PE firms Phatisa, Alterra acquire restaurant chain as Actis exits

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Phatisa, a Mauritius-based private equity firm that focuses on food and affordable housing investments across sub-Saharan Africa, has teamed up with another Africa-focused PE firm to fully acquire an East African restaurant chain.  Phatisa has jointly acquired Java House Africa, a premier casual dining and coffee-led restaurant brand in East Africa, ......