SPEAR Capital

SPEAR Capital is a private equity firm that specializes in providing growth capital to small and medium-sized enterprises (SMEs), primarily in South Africa, Zimbabwe, and Zambia. Founded in 2012 and headquartered in Cape Town, with additional offices in Harare and Oslo, the firm focuses on sectors such as fast-moving consumer goods, pharmaceuticals, food and beverage, retail, manufacturing, financial services, and telecommunications/media/technology. SPEAR Capital avoids investments in mining, resource exploration, oil and gas, and primary agribusiness. The firm combines Scandinavian business practices with African market knowledge to foster successful partnerships, emphasizing environmental, social, and governance (ESG) considerations as key value drivers in their investment strategy.

Garth Arnez

Associate

Timothy G. Leclercq

Partner and CIO

Shaw Mabuto

Partner

Martin C. Soderberg

Partner and COO

Bryan W. Turner

Partner and CFO

1 past transactions

Peries Foods

Venture Round in 2019
Peries Foods is a leading producer and retailer of processed meat products based in Malmesbury, South Africa. The company specializes in a diverse range of offerings, including wood smoked chicken and cheese viennas, chicken chourico, chicken rolls, penny polony, smokey Russian sausages, cheese frankfurters, as well as fresh whole chickens and breast fillets. With a focus on both flavored and unflavored options, Peries Foods provides consumers with a variety of frozen and fresh poultry products suitable for various culinary needs.