Medu Capital is a Johannesburg-based private equity firm established in 2003, specializing in lower mid-market investments in South Africa and the broader African region. The firm manages over R1.6 billion in funds, focusing on sourcing and evaluating investment opportunities, executing investments, and actively managing them to realize returns. Medu Capital partners with established businesses that require equity risk capital and Black Economic Empowerment (BEE) partners. The firm emphasizes a disciplined investment philosophy, benefiting from a flat corporate structure that facilitates swift decision-making. Medu Capital has a diverse investment portfolio across sectors including healthcare, transport and logistics, manufacturing, retail, education, and training. The firm is owned and operated by a committed management team, reflecting strong BEE credentials which align with the socio-economic transformation objectives of South Africa. This positioning allows Medu Capital to leverage emerging investment opportunities in a dynamic economic landscape.
Elite Truck Hire provides Short and Long Term Truck Hire including Full Maintenance.
Elite group operates in the transport and vehicle rental sectors with the following main businesses:
Elite Truck Hire is South Africa’s leading truck hire company providing short and long term truck hire including full maintenance leasing services.
Elite Line Haul provides a heavy, long haul distance transport service linking centres throughout South Africa as well as destinations in Zimbabwe, Zambia and Mozambique.
Elite Forklift Rentals offers a comprehensive range of forklift trucks on full maintenance leasing and short term rentals.
Universal Paints (Pty) Ltd., established in 1990 and located in Randburg, South Africa, specializes in the manufacture and supply of a wide range of paints and coatings. Its product offerings include roof acrylic, outdoor acrylic, exterior textured paints, waterproofing solutions, enamels, wood finishes, pool coatings, urethane floor coatings, and a variety of primers and acrylic formulations for both interior and exterior applications. The company serves homeowners, professional painters, and the construction industry, with a focus on delivering quality and longevity in its products. Universal Paints emphasizes customer service by providing expert advice and color matching services, ensuring that customers can select from thousands of color options. With dedicated factory shops in Gauteng, Universal Paints operates without middlemen, allowing for cost savings that are passed directly to consumers. The brand has received recognition for its performance in independent tests, consistently ranked as a top choice among South African paint brands.
ThoroughTec Simulation (Pty) Ltd. specializes in designing and developing high-fidelity simulators for the mining, military, and construction sectors. The company provides mining equipment simulators under the CYBERMINE brand, catering to both surface and underground operations. For military applications, ThoroughTec offers simulators under the CYBERWAR brand, serving various armed forces globally. Additionally, it supplies construction simulators for machinery such as bulldozers, graders, and excavators under the CYBERQUIP brand. Founded in 1998 and headquartered in Durban, South Africa, the company has expanded its presence with offices in several international locations, including Russia, Australia, Canada, the United States, Chile, and China. Through its tailored solutions, ThoroughTec addresses the simulator-based training needs of its diverse clientele.
Van Schaik Bookstore is a prominent bookstore chain in South Africa that specializes in supplying and selling academic books and materials. Catering primarily to students and lecturers, the company also offers an online platform for book sales, enhancing accessibility to its products. Based in Summerstrand, South Africa, Van Schaik Bookstore has established itself as a key resource for academic literature in the region.
Wekaba Engineering (Pty) Ltd. manufactures precision engineered components. It offers adapters, hose fittings, and modulars. The company’s services include CNC turning, CNC milling, CNC tube-bending, copper fusion brazing, annealing, finite element analysis, and more. Its products are used in mining, hydraulic, specialized industrial spares, construction, armaments and defense, earthmoving equipment, and automotive sectors. Wekaba Engineering (Pty) Ltd. was founded in 1981 and is based in Alberton, South Africa.
Industrial Water Cooling (IWC), founded in 1986, specializes in evaporative water cooling and energy-efficient cooling and refrigeration solutions for various industries. As a leader in industrial cooling tower systems in Africa, IWC provides fully integrated solutions that encompass industrial cooling towers and building cooling systems. The company has a strong track record, successfully completing over 80% of natural draft refurbishment projects in southern Africa. Its client base includes major corporations such as Eskom, Sasol, ArcelorMittal, and Foskor. IWC maintains high-quality standards, being ISO 9001-2000 accredited, and is committed to delivering excellent service at competitive prices. The company’s experienced staff offers customized solutions tailored to different project sizes and budgets, emphasizing innovative and environmentally responsible cooling solutions. Additionally, IWC is a member of the Cooling Technology Institute, which connects industry constructors and end users to enhance cooling technology practices.
Medipost Pharmacy operates as a courier pharmacy in South Africa, specializing in the delivery of chronic medication and other healthcare products. Founded in 1991 and based in Pretoria, the company identified a significant need for regular medication delivery among its customers, leading to the establishment of the first national pharmacy in the country. Medipost provides its services at competitive dispensing fees, ensuring that medications are delivered by courier at no additional cost. The pharmacy dispenses approximately 660,000 prescriptions monthly, supported by a call center capable of handling inquiries in all 11 official languages of South Africa. With a focus on customer satisfaction, Medipost ensures accurate delivery of prescriptions to the correct addresses on scheduled days. The company also offers comprehensive reporting capabilities, including formulary advice and medication usage patterns, in a controlled and fraud-free environment.
Kawari Wholesaler is a pharmaceutical wholesaler based in South Africa that specializes in supplying medicines to retail and courier pharmacies. The company offers a range of services that ensure the efficient distribution of pharmaceutical products, including secure warehousing and cold chain management. Kawari Wholesaler prioritizes regulatory compliance and quality assurance, which are essential for maintaining the integrity of the medicines it distributes. Additionally, the company provides batch tracking and expiry date management to ensure that pharmacies receive the appropriate products at the right time and location. Through these services, Kawari Wholesaler plays a crucial role in supporting the healthcare sector by facilitating the reliable supply of pharmaceuticals.
South African Roll Company is a manufacturer based in Vanderbijlpark, South Africa, specializing in rolls used in the steel manufacturing industry. The company produces various engineering castings, including vertical centrifugal cast, static cast monoblocs, and rings. By providing these products, South African Roll Company supports both steel and non-ferrous manufacturing sectors, helping them achieve efficient and cost-effective production processes.
Copper Tubing Africa (Pty) Ltd. is a leading manufacturer and supplier of copper tubes and fittings in South Africa, catering to the mining, engineering, and electrical sectors. Established in 1988 and headquartered in Johannesburg, the company operates branches in Cape Town, Durban, and Port Elizabeth. It offers a diverse range of products, including square and rectangular copper tubes, antimicrobial items, lugs, ferrules, and components for solar water heating systems. Copper Tubing Africa serves various applications, such as refrigeration, medical, domestic, and industrial uses. The company distributes its products through an extensive network, ensuring availability to its clients. With a commitment to quality, Copper Tubing Africa is ISO 9001 registered and holds the SABS mark of approval for its Domestic Plumbing Tubing and Medical Grade range. The company has built a strong reputation for manufacturing high-grade copper tubing, supported by a knowledgeable workforce and advanced manufacturing technology.
Shaw Controls is a leading manufacturer of custom designed low to medium voltage electrical products including Motor Control Centres, Distribution Boards, PLC Panels, Portable Substations.
NCS Resins (Pty) Ltd. is a South African manufacturer and supplier of a diverse range of resin products, including unsaturated polyester resins, gelcoats, pigments, and epoxy-vinyl ester resins. The company specializes in various applications such as blending, moulding, pultrusion, and waterproofing, catering to sectors like construction, transport, chemicals, and marine. NCS Resins also offers ancillary products, including accelerators, bonding pastes, and release agents, and provides engineering services such as plant design and optimization. Established in 1907 and based in New Germany, South Africa, NCS Resins operates under a technology license agreement with Reichhold, producing renowned brands like Norpol and Polylite. The company serves both local and international markets, distributing its products throughout Africa, Australia, the Middle East, and the Indian Ocean Islands. NCS Resins is committed to sustainable growth and innovation, with initiatives aimed at enhancing its environmental footprint and improving customer engagement through revamped online platforms and social media presence.
Pepkor is a South African based investment holding company with retail interests in Africa (where it trades in eleven countries), Australia and Eastern Europe. The group, established in 1965, manages a portfolio of retail chains focused on the value market and selling predominantly clothing, footwear and textiles. Its main operating subsidiaries are Pep and Ackermans in South Africa, Best & Less in Australia and Pepco in Poland. The group trades from more than 3 800 stores and employs close to 32 000 people.
The Zest WEG Group is the leading supplier of low and medium voltage electric motors, variable speed drives, softstarters, switchgear, transformers, MCCs, containerized substations, diesel gensets, and co-generation and energy solutions, as well as electrical and instrumentation engineering and project management services in Africa. The Group is the South African-based subsidiary of WEG, Brazil, a global manufacturer in the electric engineering, power, and automation technology areas. Zest WEG Group operates a strategically situated network of branches and distributors, offering pre- and post-sales support, as well as parts, supply throughout Africa.
Ampaglas Holdings
Private Equity Round in 2004
Ampaglas Holdings is manufactures and markets a range of industrial plastic products to the automotive, refrigeration.
Capital Outsourcing Group
Acquisition in 2004
Capital Outsourcing Group provides temporary and permanent employment services in South Africa.