Makalani Management Company, established in 2005 and based in Johannesburg, South Africa, specializes in mezzanine financing, focusing on Black Economic Empowerment transactions. The firm manages a mezzanine asset portfolio that previously totaled R2.5 billion and is currently in the process of returning funds to investors from its first fund. Makalani primarily targets investments in large corporate sectors, transformational infrastructure, affordable housing, small and medium-sized enterprise (SMME) development, and emerging agriculture, aligning with the Financial Sector Charter. The firm typically invests a minimum of R25 million per transaction and utilizes various financial instruments, including subordinated debt, senior loans, and preference shares. Makalani is also in the final stages of raising R1 billion for a second mezzanine fund, aimed at attracting both South African and foreign investors. With a commitment to manage and grow its portfolio effectively, Makalani plays a significant role in the South African investment landscape.
Midas sells branded, guaranteed, quality parts at competitive prices to its nationwide preferred customer base through a national distribution channel. These products are distributed to more than 300 franchisees and other independent spares shops, workshops, fleets, chain stores and engineering shops.
Tourvest is a tourism group that offers a range of products and services that encompasses the needs of visitors to Southern Africa. It operates businesses that range from travel management companies, hotels, lodges, and restaurants to craft, curio and jewelry shops, and foreign exchange bureaux, under some 60 sector-leading brands, employing more than 5 000 people. The company was founded in 1997 through the incorporation of a number of long-established tourism companies. It is based in South Africa and is a global business, with operations in Southern, East and West Africa, India, the United Kingdom, Spain, and the Caribbean, as well as having principals, associates and clients throughout the world.
Welcome to Lereko Investments (Pty) Ltd. Established in July 2004, Lereko believes that it is ideally suited to be a significant black-owned and black-led investment house in South Africa with the credentials and intent to play a ground-breaking role in the transformation of the local economy and for its neighbours in Africa. The primary ambition is to build and grow Lereko into a relevant investment institution that will succeed beyond the original vision and personality of its founders and be known as a fair, ethical and value-adding partner in all its business dealings.
WDB Investment Holdings Pty Ltd. is a private equity investment firm based in Randburg, South Africa, established in 1996. It specializes in equity investments aimed at repatriating profits to the WDB Trust, which funds various social development programs. The firm primarily invests in sectors such as food and agriculture, real estate, media, technology, healthcare, and renewable energy. WDB Investment Holdings focuses on empowering women, particularly in rural areas, by providing micro and small business debt investments and facilitating training and business ownership opportunities. The firm aims to enhance economic empowerment and social upliftment for women through skills transfer, supply chain opportunities, and representation on boards. With a 25-year track record, WDB Investment Holdings is committed to delivering high-impact socio-economic programs that improve the lives of marginalized communities in South Africa.
Fuel (South Africa)
Funding Round in 2007
Fuel is a logistics services group whose core businesses are centred on the provision of customised solutions integrating e-commerce and IT with a logistics infrastructure.
Tongaat Hulett Limited is an agriculture and agri-processing company operating primarily in South Africa, Zimbabwe, and Mozambique, with additional presence in other regions such as North America, Europe, and the Asia-Pacific. The company specializes in producing and selling a variety of carbohydrate products derived from sugarcane and maize, including refined sugars, glucose, and sweeteners. It offers branded products such as Huletts, SunSweet, and Voermol feeds for livestock. Tongaat Hulett also engages in land conversion and development activities, contributing to its agricultural operations. The company generates revenue not only from the sale of raw sugar and related products but also from renewable energy produced as a by-product of its manufacturing processes. Founded in 1875 and headquartered in Tongaat, South Africa, Tongaat Hulett has established itself as a significant player in the agricultural sector.
Servest Group (Pty) Ltd. is a facilities management provider based in Sandton, South Africa, offering a wide range of multi-service solutions. Its services encompass industrial and office cleaning, hygiene, landscaping, security, energy management, pest control, catering, and facilities management. The company serves various sectors, including commercial, education, healthcare, hospitality, retail, and transport, among others. By delivering integrated solutions, Servest aims to streamline operations for its clients, enhance workforce efficiency, and promote sustainability. Established as Publico Holdings Limited and rebranded in 1998, Servest has established a significant presence in both South Africa and the United Kingdom.
Shanduka Telecommunications (Pty) Ltd invests in companies that provide telecommunications infrastructure and services. The company was incorporated in 2006 and is based in Johannesburg, South Africa.
Exxaro Resources Limited, a diversified resources company, operates in the coal, titanium dioxide, ferrous, and energy markets in South Africa, Europe, the United States, and Australia. The company operates through Coal; Ferrous; TiO2 and Alkali Chemicals; Energy; and Other segments. It produces thermal coal, metallurgical coal, and semi-soft coking coal products in the Waterberg and Mpumalanga regions; offers inorganic minerals and chemicals, and iron ore; and operates two wind farms. The company was formerly known as Kumba Iron Ore Limited and changed its name to Exxaro Resources Limited in November 2006. The company is based in Pretoria, South Africa.
Sandown Motor Holdings, formerly known as Sandown Motors (Pty) Ltd, is an automotive company and a dealer network for commercial vehicles. The company was founded in 1982 and is headquartered in Bryanston, South Africa.
Mvelaphanda Group
Private Equity Round in 2005
Mvelaphanda Group offers mining and marketing of platinum group metals; publishes national, regional, and community newspapers.
Nampak Limited is a leading manufacturer of packaging products based in Sandton, South Africa, with operations extending into Africa and Europe. The company specializes in a diverse range of packaging solutions, including metal, plastic, and paper products. Its offerings encompass aluminum beverage cans and ends, tinplate food cans, and various glass packaging products like bottles for the beverage and food industries. Additionally, Nampak produces HDPE and PET bottles, plastic closures, and a variety of packaging solutions for sectors such as dairy, fruit juice, and personal care. The company also manufactures corrugated boxes, folding cartons, and tissue products. Founded in 1968, Nampak serves both domestic and international markets, addressing the needs of multiple industries through its comprehensive product portfolio.
FirstRand Bank Limited, based in Sandton, South Africa, offers a comprehensive range of banking, insurance, and investment services to retail, commercial, corporate, and public sector clients, both locally and across various African countries. The bank operates through three main divisions: First National Bank, which focuses on retail and commercial banking; Rand Merchant Bank, specializing in corporate and investment banking; and WesBank, which provides installment finance solutions. Its product offerings include various deposit accounts, mortgage and personal loans, credit and debit cards, insurance products, and investment services. Additionally, FirstRand Bank delivers advisory and financing solutions, asset-based finance, wealth management, and internet banking services, catering to a diverse clientele that includes individuals, small businesses, medium corporates, and government entities, as well as the agricultural sector.
Gold Fields Limited is a South African-based gold mining company that operates eight mines across Australia, Ghana, Peru, and South Africa. The company is an unhedged, globally diversified producer of gold, with an annual gold production of approximately 2.0 million ounces. Gold Fields holds significant mineral reserves, with around 46 million ounces of gold and 532 million pounds of copper. Additionally, the company has mineral resources estimated at about 102 million ounces of gold and 5,912 million pounds of copper. Founded in 1998, Gold Fields is committed to sustainable mining practices and aims to create value for its stakeholders through responsible resource management.
Mondi is an international packaging and paper Group, employing around 25,000 people across more than 30 countries. Our key operations are located in central Europe, Russia, North America and South Africa. Mondi is fully integrated across the packaging and paper value chain - from managing forests and producing pulp, paper and compound plastics, to developing effective and innovative industrial and consumer packaging solutions. In 2014, Mondi had revenues of €6.4 billion and a return on capital employed of 17.2%.