Elton Senegal

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Elton Senegal - overview

Location

Dakar, -, Senegal

Primary Industry

Oil & Gas

About

Elton Senegal is a leading company focused on the distribution of fuel products and automotive services, aimed at enhancing vehicle performance for motorists and road users across Senegal. Elton Senegal specializes in the distribution of fuel products and automotive services. The company is headquartered in Dakar, Senegal. On February 19, 2013, Advanced Finance & Investment Group invested USD 10 mn in a GROWTH round, marking the only recorded deal for the company.


Details about the founder are not available. Elton Oil Company specializes in the distribution of fuel products and automotive services tailored to meet the needs of motorists and road users. The company’s core offerings include various fuel types, lubricants, and oils designed to enhance vehicle performance and efficiency. Additionally, Elton provides services such as vehicle maintenance and the OASIS card, a loyalty program that offers discounts, promotions, and gifts to its users.


Their client base encompasses traders, small and medium enterprises (SMEs), and individual consumers, focusing on enhancing their driving experience and fleet management. Elton operates primarily in the Senegalese market, extending its services through a network of service stations strategically located across the region. Elton Oil Company generates revenue through the sale of fuel products, lubricants, and automotive services, coupled with its loyalty programs. Transactions typically occur through a direct-to-consumer model, where customers can purchase fuel and associated products at service stations or through the OASIS card, which facilitates easy billing and rewards.


The company offers both simple and detailed invoicing options, catering to varying customer preferences for accounting purposes. The pricing structure for fuel and services is designed to be competitive within the market, and the loyalty program incentivizes repeat business, contributing to overall revenue stability. Revenue is further bolstered by partnerships with local businesses and service agreements with fleet operators, aligning with Elton's commitment to providing comprehensive automotive solutions. Elton Senegal plans to utilize the recent investment of USD 10 mn from Advanced Finance & Investment Group, received in February 2013, to enhance its service offerings and expand its operational footprint.


The company aims to introduce new automotive service products designed for the growing market needs. Furthermore, Elton is targeting expansion into neighboring West African markets by 2025, thereby increasing its customer base and service stations throughout the region.


Current Investors

Advanced Finance & Investment Group

Primary Industry

Oil & Gas

Sub Industries

Petroleum Wholesale Distribution, Petrochemicals

Website

www.eltonoil.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Elton Senegal - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedElton Senegal-

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Elton Senegal - employee data

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