Acquiring Company
Rock Investment Bank
Acquired Company
Nabo Capital
Nairobi CountyNairobi CountyFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceDescription
Rock Investment Bank has successfully acquired a controlling 60 percent stake in Nabo Capital. The deal, valued at Sh271 million, will allow Nabo to operate independently while aiming to become a top fund manager. Rock will continue to focus on its advisory services, marking a strategic expansion in the market.
M&A Insights
Based on deal dataFrequently asked
Who acquired Nabo Capital?
Nabo Capital was acquired by Rock Investment Bank, based in Nairobi County. The deal was reported on August 2, 2026. Rock Investment Bank is a financial institution specializing in investment advisory and banking services. The firm focuses on portfolio management and planning for various clients. Rock Investment Bank is privately held and operates in Financial Services.
When did Rock Investment Bank acquire Nabo Capital?
Rock Investment Bank's acquisition of Nabo Capital was reported on August 2, 2026. Rock Investment Bank has successfully acquired a controlling 60 percent stake in Nabo Capital. The deal, valued at Sh271 million, will allow Nabo to operate independently while aiming to become a top fund manager. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Nabo Capital do?
Nabo Capital is a fund management company established to meet the growing demand for professional investment management. It offers a range of services including management of government securities, equities, and bonds for diverse investors. It is privately held, operating in Financial Services, and is based in Nairobi County.