BLOOMFIELD LAW PRACTICE ADVISES PURPLE CAPITAL PARTNERS LIMITED ON US$12.5 MILLION FUNDING RECEIVED FROM VANTAGE CAPITAL

    Bloomfield Law Practice (“Bloomfield”) recently advised Purple Capital Partners Limited (“Purple”), a topmost real estate company in Nigeria and the promoters of the Maryland Mall, Ikeja, in connection with a US$12.5 million funding advanced to Purple by Vantage Capital (“Vantage”), one of Africa’s major mezzanine fund managers (the “Transaction”).

    The Transaction is a product of Vantage’s Fund III (a US$280 million fund), and further underscores Vantage’s core objective of fostering diversification into Sub-Saharan and Western African economies.

    Bloomfield’s team on the Transaction was led by Adedoyin Afun (Partner) and he was assisted by Ebele Ikpeoyi, Bode Adegoke, Kelvina Ifejika, and Demilade Omisore.

     

    Adedoyin Afun said “We are glad to have supported the Purple team on this landmark transaction. A cross-border transaction such as this reassures and confirms investor confidence in the viability of the Nigerian market as well as the future of the Purple group”.

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    We are delighted to announce the tenth-year anniversary of Bloomfield Law Practice (“Bloomfield”). From our humble beginnings, Bloomfield continues to grow from strength to strength in Nigeria and the global market. We would like to thank God for the Grace that has seen Bloomfield through the many years; starting as a dream to serve, to its current state. We would also like to thank our clients who believed in our desire to serve and gave us the opportunity to be their trusted advisors.

    Further, I would like to thank my partners, Ayodele Oni and Adedoyin Afun who bought into the Bloomfield vision and have injected a fresh drive to build an institution that would outlive us.

    Additionally, I would like to thank both the past and current legal practitioners and administrative staff that have helped to build Bloomfield in one capacity or the other.

    As we celebrate this wonderful milestone, our desire to act as trusted advisors to our clients is further regenerated and our hope is to leave an indelible mark in the African market, wherein the name, Bloomfield, is synonymous with excellence in provision of legal services.
    Adekunle Obebe, Managing Partner