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By Funsho Arogundade
The story of Stephen Akintayo has been a humbling but inspiring one. At just 39, the real estate guru and investment coach has built a reputation for himself —an enviable one for that matter. With a go-getter outlook that could be traced to his humble beginnings full of hardship on the streets of Maiduguri, Borno State, particularly the loss of his beloved mother —the family’s breadwinner— to an ovarian cancer which the family could not detect on time due to financial constraints for a check-up, Akintayo has done so well for himself and his family.
Today, he is the Chief Executive Officer of SACI Holdings —a private equity firm that oversees and invests in a diverse portfolio of companies— and also the Chairman of Gtext Holdings —a foremost real estate conglomerate which has become one of the most reliable in the industry with several branches across the world.
Beyond his phenomenal successes in the real estate realm, Akintayo has led his company into recording a series of significant strategic developments, including the acquisition of a new company with a strong Security and Exchange Commission, SEC, licence in Nigeria. His Gtext Holdings has acquired a thriving fund management, asset management and private equity firm with a SEC licence.
For Akintayo, the new acquisition is a testament to his group’s commitment to regulatory compliance and vision for a more expansive and trustworthy investment platform. The new license, he said, will be a significant step in their strategic rebranding and business growth. It will also enable his Holdings to diversify its investment offerings, providing greater opportunities for investors to participate in regulated and secure financial instruments beyond its core real estate business. The deal, which already has been signed and sealed, now awaits the final SEC approval for the change of name of the licensed entity and its executives.
While he awaits the SEC approval for the new private equity firm, Akintayo is also straying into construction with the floating of a new subsidiary to focus on building and development. As he continues to expand his real estate portfolio, Akintayo has unveiled Gtext Construction, a new company that will allow him to take full control of the construction value chain. The new construction company will manage all their projects from design to completion and ensure the highest standards of quality, timely delivery, and cost-efficiency.
