RMB Ventures
RMB Ventures Limited, established in 1995 and based in Johannesburg, South Africa, is a private equity firm focused on medium to large leveraged buyouts and management buyouts, among other investment strategies. The firm does not engage in startup or seed investments, instead targeting later-stage, mature, and turnaround companies across various sectors, excluding primary mining, primary agriculture, farming, and property. RMB Ventures primarily invests in South Africa, East Africa, and West Africa, seeking investments ranging from ZAR 100 million to ZAR 750 million in companies with a minimum enterprise value of ZAR 300 million and minimum EBITDA of ZAR 50 million. The firm actively supports Black Economic Empowerment (BEE) initiatives, facilitating stakeholder acquisitions in both firm-led management buyouts and independent deals. RMB Ventures typically acquires ownership stakes between 20% and 80% in its portfolio companies and has completed over 40 transactions since its inception. Its affiliation with Rand Merchant Bank allows for comprehensive access to investment banking services, enhancing its investment capabilities.
Top Stages
Past deals in South Africa
Envisionit Deep AI
Seed Round in 2023
Envisionit Deep AI is a medical technology company based in Johannesburg, South Africa, founded in 2019. It develops AI-driven solutions to streamline and improve medical imaging diagnosis for radiologists, including a machine learning platform and RADIFY, an AI platform that addresses respiratory and congenital heart diseases. Its technology supports diagnosing across chest X-ray, ultrasound, MRI, and CT scans, highlighting abnormalities to help clinicians read images more quickly and cost-effectively.
Respublica
Private Equity Round in 2022
Respublica develops and manages student housing in South Africa, offering integrated residential environments designed to support student success. The company provides fully serviced, apartment-style accommodation with modern amenities, safety features, and academic support facilities to foster academic achievement and personal development.
Kamoso Africa
Private Equity Round in 2017
Kamoso Distribution provides consumer goods and medical supplies.
Kamoso is a manufacturer and supplier of consumer goods and healthcare products to retailers in Botswana, South Africa, Zambia and Zimbabwe. The Company operates from facilities in Botswana and South Africa.
KEVRO
Private Equity Round in 2017
Kevro (Pty) Ltd. specializes in the wholesale and supply of clothing and gifts tailored for promotional companies, retailers, and event organizers across Africa. Founded in 1990 and based in Edenvale, South Africa, the company offers an extensive range of products including T-shirts, golf shirts, leisure wear, work wear, and various gifting items such as eco-lifestyle products and office accessories. Kevro operates under well-known brands, with BARRON being a flagship that emphasizes storytelling through branded merchandise. The company supports its resellers through close partnerships and has established a robust distribution network, featuring a head office in Johannesburg along with multiple distribution centers and branches both locally and internationally. Since being acquired by Ethos Private Equity in 2011, Kevro has focused on leveraging technology and innovation to enhance its competitive edge in the promotional marketing sector while maintaining high ethical standards and fostering a collaborative environment for its employees and partners.
Multiknit
Private Equity Round in 2015
Founded in 1969, Multiknit is a South African company specializing in the manufacture and supply of knitted synthetic fabrics. It produces a range of products including waterproof shade nets, decorative structures, and customized bags for various sectors such as agriculture, industry, and civil engineering.
One Digital Media
Venture Round in 2014
One Digital Media specializes in digital signage solutions for retailers and brand marketers. They enhance in-store shopping experiences through engaging content across unique advertising networks in supermarkets, forecourts, restaurants, and taverns in South Africa.
Studio 88 Group
Venture Round in 2012
Studio 88 Group is a prominent retailer based in Glenvista, South Africa, specializing in clothing, footwear, and accessories. The company operates a diverse range of retail outlets, including Studio 88, which focuses on branded fashion and footwear; Side Step, which offers leisure and fashion footwear; and Skipper Bar, a menswear chain. With approximately 350 locations across sub-Saharan Africa, Studio 88 Group provides a variety of products that cater to men, women, and children, including shoes, apparel, and associated accessories. The company features a selection of well-known brands such as Adidas, Converse, Nike, and Puma, among others, and serves both in-store and online customers.
Tessara
Acquisition in 2012
Tessara, established in 1985 and headquartered in Cape Town, South Africa, specializes in the distribution of sulfur dioxide-based preservation sheets. The company's primary products, marketed under the Uvasys brand, include sheets designed to protect table grapes, litchis, and cut roses from postharvest fungal decay during transportation.
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