Aka Capital Holdings

Aka Capital Holdings is a private equity and investment holding company established in 2001 and based in Bryanston, South Africa. Founded by Reuel Khoza, Sam Nematswerani, and Gary Morolo, the firm focuses on identifying growth opportunities within various industries. Aka Capital aims to create shareholder value while maintaining transparent governance structures. The principals of the company leverage their extensive professional experience and business intelligence networks to benefit their investee companies. This includes providing access to managerial talent, monitoring political economic trends, and facilitating market entry. The firm invests proprietary funds to support its strategic goals and enhance the performance of its portfolio.

Gary Morolo

Executive Director

17 past transactions

AutoWeb

Post in 2019
AutoWeb Inc. operates as a digital marketing company focused on the automotive industry in the United States. Established in 1995 and based in Tampa, Florida, the company provides a suite of services that assist automotive dealers and manufacturers in marketing and selling new and used vehicles to consumers. Its offerings include lead generation programs for both new and used vehicles, allowing consumers to request pricing and availability or search based on specific criteria such as price and location. Additionally, AutoWeb provides tools like WebLeads+, which displays marketing messages on dealer websites, and Payment Pro, which informs consumers about real-time monthly payment options. The company also runs a pay-per-click advertising platform that directs in-market car shoppers to dealer and manufacturer websites, enhancing reach across various markets. Formerly known as Autobytel Inc., AutoWeb rebranded in 2017 and continues to support automotive advertisers with targeted marketing solutions.

Masana Petroleum Solution

Private Equity Round in 2016
Masana Petroleum Solutions is a direct fuel supplier based in South Africa, focusing on the distribution of various petroleum products to commercial and industrial clients. The company specializes in providing diesel, illuminating paraffin, heavy furnace oil, bitumen, chemicals, and mining lubricants. Masana has established strong relationships with large organizations, ensuring its customers achieve significant fuel savings through expert measurement and verification methodologies.
Capital Appreciation Limited is a South Africa-based company focused on the financial technology sector. It specializes in owning, managing, investing in, and promoting both established and emerging fintech enterprises, along with their platforms, solutions, products, and applications. The company operates in three main segments: Payments and Payment Infrastructure Services, Software and Services, and an International Division. The majority of its revenue is derived from the Software division, and all revenue is generated within South Africa. As a special purpose acquisition company, Capital Appreciation aims to capitalize on opportunities in the evolving financial services landscape.

Ceramic Industries

Funding Round in 2008
Ceramic Industries Limited specializes in the manufacture and sale of ceramic tiles and vitreous China sanitary ware, primarily serving the markets in South Africa and Australia. The company offers a diverse range of products, including basins, baths, toilets, large format pressed and glazed floor tiles, as well as wall tiles tailored for both commodity and fashion sectors. Their product line also features full-bodied glazed and unglazed extruded punched tiles suitable for indoor and outdoor use, alongside matt and shiny glazed floor tiles aimed at contractors and DIY enthusiasts. Additionally, Ceramic Industries provides glazed porcelain floor tiles and acrylic baths under the Sphinx brand. Founded in 1976 and headquartered in Vereeniging, South Africa, Ceramic Industries operates as a subsidiary of Italtile Ceramics Limited.

Koornfontein

Venture Round in 2007
Koornfontein was an energy coal miner, based in South Africa’s Mpumalanga Province.

Riverside Development Initiative

Funding Round in 2007
Riverside Park, in the provincial capital of Nelspruit and conveniently located on the main road to White River, is Mpumalanga's premier regional property development. This is a place of lushness, vibrance and leisure where you can do everything in one day. The precinct combines office, residential, retail and leisure opportunities in an integrated, safe and attractive environment making Riverside Park the first choice in the Lowveld to live, work, shop and play.

Vametco

Venture Round in 2007
Vametco is a vanadium mining operation located near Brits in South Africa's North West province. The company's operations comprise the mining of vanadium bearing ore, extracting vanadium from the ore and processing into value added products, primarily for export to steelmakers worldwide.

Natal Portland Cement

Venture Round in 2006
Natal Portland Cement Company (Pty) Ltd. develops, manufactures, and distributes cement, concrete, and aggregate products to the hardware retail, ready-mix, concrete product, and construction industries. It produces Portland cement, ready mix mortars, and non-metallic mineral by-products. The company also offers crusher sand, river sand, road stone, concrete stone, and blended materials for block making and concrete production.

Datacentrix

Venture Round in 2006
Datacentrix Holdings Limited is an ICT solutions provider based in Midrand, South Africa, offering a range of information and communication technology systems and solutions to enterprises. The company operates through three main divisions: Managed Services, Business Applications, and Technology Solutions. The Managed Services division focuses on service aggregation, managed systems, cloud services, and electronic fraud management, among others. The Business Applications division specializes in analytics, enterprise information management, and enterprise resource planning to enhance productivity and streamline operations. Meanwhile, the Technology Solutions division is responsible for the procurement, installation, and maintenance of server environments, as well as offering services related to data centers, information security, networking, and eLearning. Datacentrix is dedicated to providing comprehensive support and maintenance for IT infrastructures, catering to the diverse needs of its clients.

Batlhako Mining Limited

Venture Round in 2006
Batlhako Mining Limited, a former subsidiary of Samancor Limited, is the owner of the Ruighoek Chrome Mine, situated in the western bushveld of South Africa, approximately two hours drive north west of Johannesburg.

Nampak

Private Equity Round in 2005
Nampak Limited is a leading manufacturer of packaging products based in Sandton, South Africa, with operations extending into Africa and Europe. The company specializes in a diverse range of packaging solutions, including metal, plastic, and paper products. Its offerings encompass aluminum beverage cans and ends, tinplate food cans, and various glass packaging products like bottles for the beverage and food industries. Additionally, Nampak produces HDPE and PET bottles, plastic closures, and a variety of packaging solutions for sectors such as dairy, fruit juice, and personal care. The company also manufactures corrugated boxes, folding cartons, and tissue products. Founded in 1968, Nampak serves both domestic and international markets, addressing the needs of multiple industries through its comprehensive product portfolio.

Protea Hotel

Venture Round in 2005
Protea is a hotel capital with lush landscaped garden and glistening swimming pool, is centrally located in Pretoria.

Murray & Roberts Cementation

Funding Round in 2005
Murray & Roberts Cementation is a supplier of raise drilling and shaft-boring technology and services in Africa.Murray & Roberts Cementation has served the mining industry for more than a century and is the reputed leader in shaft sinking, contract mining and raise-and shaftboring technology and services, with a strong track record of successful mine project delivery worldwide.

SAVCIO

Private Equity Round in 2005
SAVCIO is a privately-owned provider of maintenance and repair services for rotating electrical equipment and transformers in Africa.

Nedbank

Post in 2005
Nedbank Group is a prominent financial services provider based in South Africa, offering a comprehensive range of banking and financial solutions to individuals, businesses, and government entities. Through its subsidiary, Nedbank Limited, the group delivers personal banking services, including savings and investment accounts, loans, credit cards, and financial planning. It also provides business banking services such as asset finance, treasury solutions, and corporate lending. Additionally, Nedbank engages in corporate and investment banking, offering services like trade finance and custodial solutions. The group has a significant focus on private equity through Nedbank Capital Private Equity, which specializes in growth capital investments primarily in mid-market unlisted companies in South Africa. Founded in 1831 and headquartered in Sandown, South Africa, Nedbank Group has established itself as a key player in the financial sector, with operations extending beyond South Africa to various international markets.

Corobrik

Venture Round in 2002
Corobrik (Pty) Ltd, established in Durban in 1902, is a prominent manufacturer and distributor of clay bricks, clay pavers, and related building products in South Africa. With over a century of experience, the company has developed advanced manufacturing practices and logistics capabilities, allowing it to deliver up to 5 million products daily. Corobrik operates its head office in Durban, supported by regional offices in Johannesburg and Stellenbosch, along with 28 dedicated Corobrik Centres across the country. This extensive network, combined with a range of independent accredited distributors, ensures that Corobrik maintains a strong national presence to effectively meet the demands of its diverse client base.

BoE Asset Management

Acquisition in 2002
BoE Asset Management
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