CardinalStone gets equity advisory recognitions

CardinalStone Partnership

CardinalStone Partners Limited, a leading African financial services group, has been recognised at the DealMakers Africa Awards, reinforcing its position as a market leader in equity advisory across the region.

At the awards, CardinalStone was honoured as winner of Financial Adviser by Transaction Flow (Equity) and third place winner of Financial Adviser by Transaction Value (Equity).

The DealMakers Africa Awards is widely regarded as a benchmark for excellence in financial advisory, recognising firms that demonstrate outstanding performance, innovation and impact in capital markets transactions across the continent.

CardinalStone’s recognition reflcets a strong year of deal execution, during which the firm advised on a broad range of equity transactions, supporting clients across sectors to unlock value, raise capital and achieve strategic objectives, the company said.

The awards underscore the firm’s ability to consistently deliver high-quality outcomes at scale, combining deep market expertise with a client-centric approach. The recognition was reinforced by the nomination of one of CardinalStone’s exclusive transactions – the 15.9 per cent stake exit in Aradel Holdings by Africa Capital Alliance for Private Equity Deal of the Year.

Director and Head of Investment Banking at CardinalStone, Onyebuchim Obiyemi, said:
“These awards are a reflection of the depth of our franchise and the consistency of our execution in the equity markets. Over the past year, we have remained focused on delivering innovative, well-structured solutions that meet our clients’ evolving needs.

Being recognised for both transaction flow and value speaks not only to the volume of our activity but also to the impact of the deals we bring to market. We are grateful to our clients for their continued trust and to our team for their dedication to excellence.”

Also speaking on the achievement, Group Managing Director of CardinalStone, Michael Nzewi, said: “This recognition is a testament to the strength of CardinalStone Partners and our commitment to sustained leadership in the financial services industry. It reflects the synergy across our business lines and our ability to deliver end-to-end solutions that drive meaningful results for our clients. As we look ahead, we remain focused on deepening our market impact, expanding our capabilities and continuing to set the standard for excellence in advisory services.”

Over the years, CardinalStone has built a strong track record as a trusted adviser in Nigeria’s capital markets, playing a pivotal role in some of the most significant transactions in the financial services sector.

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