Nedbank

Nedbank Group Limited, headquartered in Johannesburg, South Africa, is a prominent financial services provider that delivers a comprehensive range of banking and financial solutions. Through its subsidiary, Nedbank Limited, the group serves individual clients, small businesses, and government sectors both domestically and internationally. Its offerings encompass personal banking products such as savings accounts, loans, credit cards, and financial planning services, along with various insurance policies. For businesses, Nedbank provides tailored solutions including business accounts, structured financing, cash management, and treasury services. Additionally, it specializes in corporate banking, offering financing for sectors such as infrastructure, energy, and mining, alongside trade finance and custodial services. Nedbank also operates in investment management and private equity through its divisions, focusing on growth capital and strategic investments. Established in 1831, Nedbank has evolved to become a key player in the African financial landscape, emphasizing sound banking practices and innovative solutions.

Mark Beyers

Principal, Corporate Finance

Michael Davis

CFO, Board Member and Member of the Group Credit Committee and Large-exposures Approval Committee

Gary Galolo

Principal

Marthin Petrus Greyling

Principal, Nedbank Private Equity

Martha Murorua

Managing Director, Nedbank Namibia

15 past transactions

Perseus Mining

Post in 2023
Perseus Mining Limited (ASX/TSX Code: PRU) has forged a reputation as one of the world's most successful gold explorers. Focused on under-explored gold belts in West Africa, they achieved their goal to become a gold producer in 2011 and started commercial production on 1 January 2012. Their Edikan Gold Mine (EGM) in Ghana, formerly referred to as the Central Ashanti Gold Project (CAGP) and Ayanfuri, has 5.25 million ounces of Measured and Indicated gold resources, including reserves of 2.36 Moz gold, and 2.17Moz Inferred gold resources. A revised Feasibility Study for their second major project, Sissingué in Côte d’Ivoire, released in April 2015, confirmed it as a technically feasible and economically robust project. Perseus is targeting the start of construction at Sissingué in the September quarter of 2015, with the first gold pour within 14 months. Perseus is highly motivated to minimize investment and maximize cash flow in order to improve shareholder returns while becoming West Africa’s next multi-mine gold producer. The Company has an experienced and focused board and management team with a track record of strong organic growth through exploration success.

Omnisient

Series A in 2021
Omnisient (Pty) Ltd operates intersect.ai, an online platform that facilitates secure data sharing and collaboration among businesses while safeguarding data privacy and information security. Founded in 2014 and based in Cape Town, South Africa, the company empowers users to monetize their data by creating revenue-generating data sets, evaluating them, and enabling secure trading of these sets. The platform employs advanced cryptography and artificial intelligence to address privacy concerns, allowing businesses to access consumer data ecosystems efficiently. Omnisient's innovative approach supports businesses in enhancing their profitability and fostering growth through effective data collaboration.

LifeQ

Series A in 2021
LifeQ Inc., based in Alpharetta, Georgia, specializes in health management technology aimed at enhancing human health and wellness. The company employs a multidisciplinary approach grounded in human physiology and systems biology to extract and deliver personalized digital biomarkers from various curated data sources, including wearable devices. Through its secure platform, LifeQ provides tailored health and risk management solutions that prioritize individual data privacy and adhere to strict user opt-in protocols. The platform has been integrated with major health information systems, enabling applications in body monitoring and risk metrics for the insurance and corporate wellness industries. LifeQ continuously expands its health and wellness ecosystem, creating sustainable value for investors and partners while improving the lives of consumers and enterprises globally.

Ukheshe

Debt Financing in 2020
Provider of banking-as-a-service and payment processing services intended for banks, fintech, telecom, and other financial service providers. The company's platform offers an extensive range of microservices that enable rapid digital transaction propositions for clients, it is a multi-tenant cloud-based API (application programming interface) and associated admin console, enabling users to make payments through the application, thereby eliminating the need for users to carry cash everywhere.

Airports Company South Africa

Debt Financing in 2020
Airports Company of South Africa Limited operates nine of South Africa’s airports. Its head office is in the Maples Office Park.

Omnisient

Seed Round in 2020
Omnisient (Pty) Ltd operates intersect.ai, an online platform that facilitates secure data sharing and collaboration among businesses while safeguarding data privacy and information security. Founded in 2014 and based in Cape Town, South Africa, the company empowers users to monetize their data by creating revenue-generating data sets, evaluating them, and enabling secure trading of these sets. The platform employs advanced cryptography and artificial intelligence to address privacy concerns, allowing businesses to access consumer data ecosystems efficiently. Omnisient's innovative approach supports businesses in enhancing their profitability and fostering growth through effective data collaboration.

WhereIsMyTransport

Series A in 2020
WhereIsMyTransport Ltd is an information technology company that focuses on urban transportation solutions through its mobile application. Founded in 2015 and headquartered in London, United Kingdom, with an additional office in Cape Town, South Africa, the company specializes in collecting and providing access to public transport data across various African cities. Its big data platform enables effective data collection, access, and journey planning, assisting users in navigating public transportation systems more efficiently.

Perseus Mining

Post in 2019
Perseus Mining Limited (ASX/TSX Code: PRU) has forged a reputation as one of the world's most successful gold explorers. Focused on under-explored gold belts in West Africa, they achieved their goal to become a gold producer in 2011 and started commercial production on 1 January 2012. Their Edikan Gold Mine (EGM) in Ghana, formerly referred to as the Central Ashanti Gold Project (CAGP) and Ayanfuri, has 5.25 million ounces of Measured and Indicated gold resources, including reserves of 2.36 Moz gold, and 2.17Moz Inferred gold resources. A revised Feasibility Study for their second major project, Sissingué in Côte d’Ivoire, released in April 2015, confirmed it as a technically feasible and economically robust project. Perseus is targeting the start of construction at Sissingué in the September quarter of 2015, with the first gold pour within 14 months. Perseus is highly motivated to minimize investment and maximize cash flow in order to improve shareholder returns while becoming West Africa’s next multi-mine gold producer. The Company has an experienced and focused board and management team with a track record of strong organic growth through exploration success.

Snapt

Series A in 2018
Snapt, Inc. develops frontends for open source server software. It offers Snapt Framework that is used as an interface for Linux and BDS; Snapt Squid, a frontend ROI solution that records reports and provides access control solutions to businesses; Snapt HAProxy, a load balancing solution; and Screencasts. Snapt, Inc. was incorporated in 2011 and is based in Johannesburg, South Africa.

Aerobotics

Series A in 2018
Aerobotics (Pty.) Ltd., founded in 2014 and located in Cape Town, South Africa, specializes in developing autonomous unmanned aerial vehicles (UAVs) and data processing solutions for various industries, including agriculture, surveying, gaming, and security. The company utilizes aerial imagery and machine learning algorithms to provide precision agriculture solutions, enabling farmers to optimize crop management through detailed analysis and insights. Aerobotics combines its drone technology with a flight planning application to enhance data collection and processing, thereby supporting clients in making informed decisions based on accurate and timely information.

Comsol Networks

Private Equity Round in 2016
Comsol Networks is a leading provider of layer 2 open access solutions in South Africa, focused on delivering high-speed, reliable carrier-grade access to major telecommunications companies, carriers, and service providers. Based in Midrand, the company specializes in both fiber and licensed wireless applications, facilitating open access coverage across various sectors, including retail, financial services, mining, education, and public services. Comsol has established the country's first medium-agnostic, enterprise-grade layer 2 open access network, ensuring guaranteed, dedicated connectivity in over 200 metropolitan areas and towns. By prioritizing quality and dependability, Comsol aims to meet the growing demand for connectivity, supporting both local and regional expansion efforts.

Ecobank

Post in 2014
Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, is a banking institution that provides a comprehensive range of retail, corporate, and investment banking services across Africa and internationally. The bank operates through three main segments: Corporate & Investment Banking, Commercial Banking, and Consumer Banking. Its offerings include various account types, personal and asset acquisition loans, mortgages, and payment cards, along with internet and mobile banking services. Additionally, Ecobank provides bancassurance, remittances, foreign exchange, trade finance, and cash management services. The bank serves a diverse clientele, including individuals, multinationals, government agencies, and small to medium-sized enterprises. With a network of 888 branches and over 2,460 ATMs, Ecobank has positioned itself as a key player in the West African banking sector, addressing the needs of a region previously dominated by foreign and state-owned banks.

Convergence Partners

Debt Financing in 2014
Convergence Partners, established in 2006 and based in Johannesburg, South Africa, is an investment management firm specializing in the telecommunications, media, and technology sector across Africa. The firm is committed to developing new investment opportunities and enhancing the value of existing investments throughout the lifecycle of information and communications technology (ICT) assets. As impact investors, Convergence Partners aims to stimulate investment capital to improve communications access and develop ICT infrastructure on the continent. The firm has been instrumental in significant ICT infrastructure projects, including SEACOM, which was the first undersea fiber optic system for East Africa, and New Dawn, Africa's first private sector communications satellite. Additionally, it played a key role in establishing FibreCo Telecommunications, noted for launching South Africa's first independent open-access national fiber network. With a team of seasoned professionals, Convergence Partners focuses on initiatives that expand the availability of communications and broadband services, thereby fostering technological growth in Africa.

Convio

Series E in 2007
Software and services enabling non-profit organizations to raise funds, influence public policy and support their processes

GiftCertificates.com

Venture Round in 2001
GiftCertificates.com, Inc. is an e-commerce provider of diverse reward solutions and gift products tailored for both corporate and consumer markets. Founded in 1997 and headquartered in Omaha, Nebraska, the company offers a wide range of products, including the SuperCertificate, which is redeemable for numerous original merchant gift cards. Its offerings extend to greeting cards, merchant cards across various categories such as entertainment, clothing, home, and travel, as well as e-Gift cards. In addition to gift products, GiftCertificates.com provides comprehensive reward solutions, including consumer promotions, employee recognition programs, and wellness initiatives. The company also delivers client services, such as program strategy and incentive management, catering to various industries, including finance, healthcare, and retail. As of February 2019, GiftCertificates.com operates as a subsidiary of Tango Card, Inc.
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