Tropic Plastic
Acquisition in 2024
Tropic Plastic is a manufacturing company that produces polyethylene films and their derivatives. It specializes in converting these materials into flexible packaging, with a focus on bread packaging, individual quick freezing, and shrink wrap. The company's production processes include extrusion, printing, bag making, slitting, and lamination.
Pineapple
Series B in 2023
Pineapple Tech Pty Ltd is a South African company that operates a peer-to-peer insurance platform, providing short-term insurance coverage to its members. Founded in 2017 and based in Johannesburg, the company allows users to pay and track their premiums online while selecting their preferred network for pooling. Pineapple aims to innovate the insurance experience by aligning incentives with users, offering transparency about premium usage, and returning any unused premiums to members. The platform simplifies the insurance process, enabling users to obtain coverage quickly, often in under 60 seconds, by utilizing AI technology. Pineapple launched its "My Stuff" per-item insurance in 2018 and expanded its offerings to include "My Ride" for auto insurance. The company has also formed a partnership with Travelers in the United States and provides a white-labeled version of its platform for that market.
Rentoza
Seed Round in 2021
Rentoza is a subscription-based online marketplace specializing in electronics and appliances. The company provides a platform where users can rent or purchase a variety of household and electronic equipment, making essential technology accessible and affordable. Rentoza's innovative model allows individuals to choose from numerous devices on a pay-as-you-use basis, offering flexibility to upgrade, downgrade, or cancel subscriptions without penalties. This non-ownership approach caters to users who may find traditional purchasing methods impractical, enabling them to acquire the products they need in a cost-effective manner. By focusing on alternative ways to access crucial technology, Rentoza aims to meet the everyday demands of its customers.
Metrofile Group
Post in 2017
Metrofile is a South African company specializing in records and information management. It offers a comprehensive range of services including records storage and management, which encompasses the backup and protection of both active and inactive documents, images, and data in various formats. The company's operations are divided into several segments, with the primary revenue source coming from its secure storage services. Additionally, Metrofile provides digital services and business support services. Its geographic focus includes operations in South Africa, the rest of Africa, and the Middle East, making it a key player in the data management sector within these regions.
Universal Industries
Private Equity Round in 2017
Universal Industries Corporation Limited, established in 1996, is a South Africa-based holding company specializing in the manufacture, supply, and distribution of commercial refrigerated display cabinets, insulated structures, and industrial bakery equipment. Its extensive product range includes refrigerated supermarket display cases, polyurethane insulated panels, glass doors, baking equipment, and catering machinery, serving a broad spectrum of industries such as perishable food retailers, bakeries, hospitality sectors, and food processing factories both locally and internationally. With multiple production facilities and offices nationwide, Universal Industries employs approximately 1400 people, supplying a diverse range of blue-chip clients with quality equipment.
Optron Group
Private Equity Round in 2016
Optron Group is a distributor of advanced positioning solutions tailored for various industries, including agriculture, construction, geospatial, and transportation. The company provides a comprehensive range of positioning technology products, such as global positioning systems, laser, optical, and inertial devices, alongside the latest application software and wireless communication technologies. Optron Group also offers ongoing hardware support, which includes maintenance, repair, and calibration services. By supplying innovative positioning tools, Optron Group aims to enhance user productivity and overall profitability, transforming work processes across sub-Saharan Africa through a network of selected resellers and agents.
Multiknit
Private Equity Round in 2015
Multiknit is a manufacturer and supplier based in White River, South Africa, specializing in knitted synthetic fabrics and bags. The company produces shade netting fabrics as well as fruit and vegetable bags by converting raw polyethylene into durable knitted plastic fabrics. Its products are designed to meet the specific requirements of clients across various sectors, including agriculture, construction, mining, and leisure. Multiknit is committed to providing customized solutions that ensure strength and durability, catering to the diverse needs of its customers.
Torre Industries
Post in 2015
Torre Industries is a South African company that provides equipment, parts, and support services to customers in high-growth markets. The company operates in three main segments: Capital Equipment, which sells and rents heavy lifting and earth moving equipment to industries like mining, agriculture, and construction; Parts and Components, supplying aftermarket spare parts to various industries; and Analytical Services, offering scientific analysis and laboratory services to customers across different sectors. Founded in 2012 and based in Johannesburg, Torre Industries focuses on serving the needs of customers in selected markets with a range of specialized products and services.
FirstRand Bank
Post in 2014
FirstRand Bank, established in 1998, is a prominent financial services provider based in Sandton, South Africa. It offers a wide range of banking, insurance, and investment products and services to retail, commercial, corporate, and public sector customers, both domestically and across various African countries. The company operates through several divisions, including First National Bank (FNB) for retail and commercial banking, Rand Merchant Bank (RMB) for corporate and investment banking, WesBank for installment finance, and Ashburton Investments for investment management. Its services span deposit products, loans, credit facilities, investment products, transactional services, insurance, advisory services, and wealth management, catering to a diverse client base that includes consumers, small businesses, medium corporates, parastatals, government entities, and the agricultural sector.
Westcon SA
Private Equity Round in 2013
Westcon Southern Africa Holdings Proprietary Limited, commonly referred to as Westcon SA, is a distributor of technology and converged communications solutions catering to enterprise, small and medium-sized businesses (SMB), and consumer markets in South Africa and the SADC region. Founded in 1995 and based in Johannesburg, the company specializes in a wide range of offerings, including Cisco networking, collaboration, security, and data center solutions. Its product portfolio encompasses communications solutions such as voice, networking, mobility, storage, and power solutions, as well as consumer products like software, networking devices, consumables, and gaming accessories. Additionally, Westcon SA provides electronic security solutions, cloud services, and comprehensive pre- and post-sales technical consulting, alongside logistics support and sales assistance. The company operates as a subsidiary of Datatec Limited.
Westcon SA
Venture Round in 2010
Westcon Southern Africa Holdings Proprietary Limited, commonly referred to as Westcon SA, is a distributor of technology and converged communications solutions catering to enterprise, small and medium-sized businesses (SMB), and consumer markets in South Africa and the SADC region. Founded in 1995 and based in Johannesburg, the company specializes in a wide range of offerings, including Cisco networking, collaboration, security, and data center solutions. Its product portfolio encompasses communications solutions such as voice, networking, mobility, storage, and power solutions, as well as consumer products like software, networking devices, consumables, and gaming accessories. Additionally, Westcon SA provides electronic security solutions, cloud services, and comprehensive pre- and post-sales technical consulting, alongside logistics support and sales assistance. The company operates as a subsidiary of Datatec Limited.
Primedia
Private Equity Round in 2008
Primedia is an African-focused media and advertising group that targets premium consumers on the move. The company specializes in delivering innovative broadcasting, advertising, and digital media services, facilitating engaging content and interactive multimedia solutions. By connecting brands to an informed and responsive audience, Primedia aims to drive positive change and impact society. Its consolidated services enable listeners and customers to access a range of media offerings that enhance business engagement and societal influence.
GE South Africa Technologies
Private Equity Round in 2008
GE South Africa Technologies, established in 2008 and headquartered in Johannesburg, is a prominent manufacturer of rail locomotives tailored for freight utility purposes. The company specializes in producing state-of-the-art diesel locomotives designed for energy efficiency. Additionally, it offers modernization kits, replacement parts, signalling equipment, and mining propulsion solutions. Through these products and services, GE South Africa Technologies actively contributes to the social and economic development of South Africa.
Peermont Global
Acquisition in 2007
Peermont Global is a prominent operator of gaming and hospitality businesses in South Africa and Botswana, with a portfolio that includes nine casino resorts, notably the flagship Emperors Palace, along with three stand-alone hotels and one stand-alone casino. The company provides a diverse array of entertainment options, combining gambling facilities with fine dining, spa treatments, and sporting activities. This combination of services is designed to enhance the guest experience, offering both leisure and entertainment opportunities in a luxurious environment. Peermont aims to create memorable experiences for visitors while contributing to the tourism and hospitality sectors in the regions it serves.
MSA Safety
Private Equity Round in 2006
MSA Safety is a leading manufacturer of safety products designed to protect individuals in hazardous environments across various industries. The company's extensive product range includes self-contained breathing apparatus, fall protection devices, portable gas detection instruments, fixed gas and flame detection systems, industrial head protection, firefighter helmets, and protective apparel. MSA's products are utilized by workers in diverse sectors such as oil, gas, petrochemical, construction, mining, and military applications. The company primarily generates its revenue in North America and operates through several geographic segments, including the Americas and international markets. MSA Safety is dedicated to safeguarding lives by integrating advanced materials, mechanical systems, and electronic technologies into its offerings, ensuring effective protection against life-threatening situations.
Tracker Connect
Private Equity Round in 2001
Tracker Connect is a provider of vehicle safety solutions, specializing in vehicle tracking and stolen vehicle recovery services in South Africa and its neighboring countries. The company offers a comprehensive suite of services, including fleet management and telematics, utilizing RF and GSM-GPS networks. By catering to manufacturers, dealers, insurers, fleet operators, and consumers, Tracker Connect enables clients to recover stolen vehicles, combat crime, and monitor the performance of corporate drivers effectively.