Connect with us

Hi, what are you looking for?


Burbidge Capital rebrands after I&M acquisition


NAIROBI, Kenya, Nov 15- Regional Corporate Finance Advisory firm Burbidge Capital has changed its name to I&M Burbidge Capital following the 65 percent acquisition by I&M Holdings Limited in August this year.

I&M Bank Executive Director Sarit S. Raja Shah, noted that the rebrand of I&M Capital to I&M Burbidge Capital, provides a platform to enhance the institution’s corporate finance capacity in both the local and regional market.

‘The rebranding is expected to help the firm leverage on both I&M Bank’s and Burbidge Capital’s brand, as it continues to offer advisory and capital raising services, to mid and large-sized companies across Eastern Africa,” Shah said.

The addition of I&M Burbidge Capital to the I&M Holdings umbrella is also expected to enable the I&M Group boost its market delivery capacity, by expanding its service offering through provision of advisory services.

Meanwhile I&M Burbidge Capital has further signed an agreement with Alexanna Limited to offer improved financial systems and strategic financial reviews, aimed at stimulating business growth for business entities in Eastern Africa.

The services will target mid-sized and large companies that are on a positive business growth trajectory in the region.

“This new agreement seeks to examine options of improving the finance function in these businesses, while addressing the various financing options available to assist the companies achieve its medium-term growth and development objectives,” Alexanna Limited Managing Director Peter Shewan said.

“As a provider of high quality financial and consultancy services to SMEs in Kenya, this agreement with an established and reputable advisory company such as I&M Burbidge Capital is an ideal step forward for Alexanna,” he added.

Advertisement. Scroll to continue reading.
Click to comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...