About the Client
Bags&Sacks is a manufacturer of Flexible Intermediate Bulk Containers (FIBC) bags in the Kongo Central province (DRC). As part of their growth strategy, the company decided to build a new factory in the Haut-Katanga province.
Bags&Sacks engaged CrossBoundary to provide support in securing a loan to finance the construction of the new plant. CrossBoundary assisted Bags&Sacks in preparing investor-facing documents such as a detailed financial model and an investment memorandum. CrossBoundary organized also a data room to facilitate investor engagement and the due diligence processes.CrossBoundary’s support resulted in a $13M investment from Fonds de Promotion de l’Industrie (FPI), a development finance institution.
Leveraging its on-the-ground presence, CrossBoundary swiftly onboarded the project and collaborated closely with management to develop investor facing materials. This seamless coordination allowed CrossBoundary to meet investor due diligence timelines effectively and efficiently.