Sanlam
Sanlam Limited is a financial services company headquartered in Bellville, South Africa, that offers a wide range of financial solutions to individual, business, and institutional clients. Established in 1918, Sanlam operates through multiple segments including Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investment Group, and Sanlam Corporate. The company provides various insurance products such as life, disability, medical, and group risk benefits, alongside financial planning and retirement solutions, investment products, and personal loans. Additionally, Sanlam supports small and medium-sized businesses with services like business advice and employee health plans. The company also has a private equity arm, Sanlam Private Equity, focusing on investments in mature markets and growth capital in sectors such as dairy, beverages, and processed foods, primarily within South Africa and Sub-Saharan Africa. Sanlam Investments manages an infrastructure debt fund that targets investments in renewable energy, telecommunications, and other sectors in Southern Africa.
Alexander Forbes Group Holdings Limited is a provider of integrated retirement, investment, and insurance solutions for individuals and businesses, both in South Africa and internationally. For individuals, the company offers a range of services including money management, budgeting, savings, retirement funds, healthcare solutions, life and risk cover, estate planning, and private wealth management. For businesses, Alexander Forbes provides consulting and actuarial services, retirement fund services, healthcare consulting, and group insurance solutions to protect assets and earnings. The company also addresses emerging market needs in Africa and offers trust and beneficiary services for managing death benefits. Founded in 1935 and headquartered in Sandton, South Africa, Alexander Forbes was previously known as Alexander Forbes Equity Holdings Proprietary Limited, changing its name in June 2014.
Private Equity Round in 2017
EasyEquities operates an online trading platform based in Johannesburg, South Africa, allowing users to invest in a variety of securities, including whole shares and fractional share rights. The platform enables investors to become registered owners of whole shares, granting them rights to dividends and participation in corporate actions. For fractional share rights, EasyEquities facilitates a contract for difference, providing investors with exposure to price movements and dividends without actual ownership of the underlying shares. While fractional share rights do not confer voting rights, investors can accumulate enough FSRs to ultimately convert them into whole shares. The availability of shares on the platform is influenced by various factors and does not imply an endorsement or contractual relationship with the listed companies. EasyEquities emphasizes that potential investors should review additional disclosures on its website to understand the risks and benefits associated with their investments.
JAB Dried Fruit is the manufacturers and distributors of dried fruit, nuts and sweets in South Africa. JAB Dried Fruit Products is a family-owned business located in Nelspruit, Mpumalanga. It was founded in 1979 by the Barnards, and today employs more than 8oo permanent workers at its 17,000 square metre processing facility. That number is boosted by an additional 700 temporary employees during the mango processing season.
Private Equity Round in 2016
Lekela Power B.V. is a renewable energy generation platform that delivers utility scale wind and solar projects into commercial operation in Africa. The company currently develops, constructs, and operates a portfolio of projects in Egypt, Ghana, South Africa, and Senegal. It provides renewable energy to consumers, such as government, utilities, and large-scale industrial consumers. The company was founded in 2015 and is headquartered in Amsterdam, the Netherlands. Lekela Power B.V. operates as a subsidiary of Mainstream Renewable Power Limited.
Weldamax (Pty) Ltd. supplies welding equipment and associated products in the fields of arc, MIG/MAG, TIG, plasma cutting, welding gases, abrasives, safety equipment, and consumables. The company provides welding machines, torches, convertors, consumables, generators, filler materials, watercoolers, accessories, miscellaneous, machine spare parts, and spares. It also offers online ordering services. The company was incorporated in 2005 and is based in Boksburg, South Africa.