Fundraising

Fundraising in Tunisia

From pre-deal preparation to closing, a structured process that maximises valuation and protects the founder's position. A well-prepared fundraising is negotiated from strength; a poorly prepared one ends in a discount and imposed terms. Over TND 100 million mobilised for our clients (2023-2025).

The process

1. Pre-deal diagnostic and preparation

Financial review, accounts reliability work, business plan validation, identification of valuation levers and issues to fix before going to market.

2. Information memorandum and data room

A defensible information memorandum, confidential teaser, structured virtual data room, anticipation of sensitive questions.

3. Investor targeting and outreach

Mapping and confidential approach of SICARs, FCPRs, regional and international funds, family offices and strategic investors; running a competitive process.

4. Negotiation and valuation

Term-sheet work: pre-money valuation, instruments (equity, convertible bonds), governance and protective clauses, aiming for a balanced, lasting agreement.

5. Due diligence and closing

Managing investor due diligence, defending the valuation, coordinating with lawyers on final documentation (shareholders' agreement, articles), signing and closing.

Investors we mobilise

Tunisian SICARs, FCPRs and private equity funds, Maghreb and Africa regional funds, European and Gulf funds, family offices and strategic investors. Each target is approached with the investment thesis best suited to your project.

Frequently asked questions

How long does a fundraising take in Tunisia?

Six to twelve months on average, from launch to closing. Serious pre-deal preparation shortens the outreach phase and improves the final valuation.

What is the fee model?

Typically a retainer covering preparation, a fee at term-sheet signature and a success fee proportional to the amount raised at closing.

From what deal size do you act?

We support transactions of varied sizes, from SICAR tickets to rounds involving regional funds. An initial discussion qualifies the project.