About CMGP
CMGP is a company based in Casablanca (Morocco) founded in 1995, and was acquired by Development Partners International in September 2018. Irrigation equipment is manufactured and distributed by CMGP. CMGP has raised $32.68 million across 1 funding round from investors including Amethis and DPI. Its chief executive, as recorded, is Youssef Moamah.
Company details
Founded in 1995 and based in Casablanca, Morocco, irrigation equipment is manufactured and distributed by CMGP for various agricultural needs. Products covering pumping, pivots, micro-irrigation, nets, fertilization, automation, pond coating, piping, greenhouses, watering, and filtration are supplied to clients including Sicda Irrigation, Lowara, Rain Bird, Richel Group, Mazzel, and Irritec. Operations focus on the agricultural sector with an emphasis on irrigation solutions.
- Headquarters Casablanca, Morocco
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website cmgp.com
- Social LinkedIn X Facebook
- Acquired by Development Partners International (Sep 2018)
- Total Equity Funding$32.68M (USD)
in 1 rounds
- Latest Funding Round$32.68M (USD), Series A
Apr 2015
- InvestorsAmethis
& 1 more
- Acquired byDevelopment Partners International
(Sep 2018)
Funding Insights of CMGP
CMGP has successfully raised a total of $32.68M through 1 strategic funding round. The most recent funding activity was a Series A round of $32.68 million completed in April 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32.68M
- Total Rounds 1
- Last Round Series A — $32.68M
- First Round $32.68M
(Apr 2015)
- Investors Count 1
All 1 funding rounds of CMGP with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2015 | $32.68M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in CMGP
CMGP has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Amethis and DPI.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| amethis.com | ||||
A premier African investment firm focused on high-growth businesses. | 2007 | dpi-llp.com | London, United Kingdom |
Investor details for CMGP
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of CMGP
1 people are tracked at CMGP (1 in leadership).
| Name | Role | Group |
|---|---|---|
Youssef Moamah | Chairman & CEO | Leadership |
Complete people profiles for CMGP
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of CMGP
3 dated milestones of CMGP across 23 years, from founding to its latest funding, stage changes and deals.
- Founded CMGP is founded.
- Funding First funding round of $32.7M.
- Exit Acquired by Development Partners International.
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Frequently Asked Questions about CMGP
CMGP was founded in 1995 and raised its 1st funding round 20 years after it was founded.
CMGP is headquartered in Casablanca, Morocco.
Youssef Moamah is the CEO of CMGP, as recorded in our data.
CMGP is a funded company, having raised a total of $32.68M across 1 funding round to date. The company's 1st funding round was a Series A of $32.68M, raised on Apr 2015.
Founded in 1995 and based in Casablanca, Morocco, irrigation equipment is manufactured and distributed by CMGP for various agricultural needs. Products covering pumping, pivots, micro-irrigation, nets, fertilization, automation, pond coating, piping, greenhouses, watering, and filtration are supplied to clients including Sicda Irrigation, Lowara, Rain Bird, Richel Group, Mazzel, and Irritec. Operations focus on the agricultural sector with an emphasis on irrigation solutions.
CMGP has 2 investors. Key investors include Amethis, and DPI.
Yes. CMGP was acquired by Development Partners International in September 2018.