Medu Capital

Medu Capital, established in 2003, is a Johannesburg-based professional investment management company specializing in private equity. It focuses on sourcing, evaluating, executing, and realizing investments in established South African and African businesses seeking equity risk capital and/or Black Economic Empowerment (BEE) partners. With over R1.6 billion under management, Medu Capital's experienced team has a successful track record across diverse sectors such as healthcare, transport, manufacturing, and retail. The company's owner-managed structure enables quick decision-making and efficient deal execution. Medu Capital is majority Black-owned and managed, promoting transformation in South Africa's investment landscape.

Godlief Bashele

Partner

Leone Boshoff

CFO

Sandile Buthelezi

Principal

Ernest January

CEO, Co-Founder and Director

Nhlanganiso Mkwanazi

Co-Founder and Director

Seitebaleng Shabangu

Associate

Past deals in SADC

Mount Carmel Farms

Private Equity Round in 2018
Mount Carmel Farms is a producer and supplier of fresh produce located in Gauteng, South Africa. The company specializes in a diverse range of agricultural products, including leaves, fruits, roots, seeds, bulbs, stems, herbs, and flowers. Focused on delivering high-quality produce, Mount Carmel Farms serves various markets, contributing to the availability of fresh agricultural goods in the region.

HeroTel

Private Equity Round in 2017
HeroTel is a company focused on consolidating the Wireless Internet Service Provider (WISP) market in South Africa, aiming to connect individuals and businesses to high-speed wireless internet. By offering a range of services that include fiber, wire, and voice over internet protocol (VoIP) products, HeroTel provides users with access to fast and affordable internet solutions. The company's mission is to enhance internet connectivity for South Africans, ensuring that more people can benefit from reliable and efficient internet services.

Elite Truck Hire

Acquisition in 2016
Elite Truck Hire is a leading truck rental company in South Africa, specializing in both short and long-term truck hire along with full maintenance leasing services. The company caters to various sectors, including cosmetics, chemicals, construction, and motor manufacturing, providing tailored transportation solutions to meet diverse client needs. In addition to truck hire, Elite Truck Hire offers vehicle support services and the option for clients to enhance their brand visibility through vehicle branding. The Elite Group also operates Elite Line Haul, which provides long-distance transport services across South Africa and into neighboring countries such as Zimbabwe, Zambia, and Mozambique. Furthermore, Elite Forklift Rentals expands their offerings with a range of forklift trucks available for both full maintenance leasing and short-term rentals.

Universal Paints

Acquisition in 2016
Universal Paints, based in Gauteng, South Africa, specializes in the manufacturing of high-quality paints and coatings. The company offers a diverse range of products, including acrylic paints, primers, waterproofing solutions, and coatings for floors, wood, and pools. With a commitment to quality, Universal Paints has been recognized for achieving 100% performance in independent comparative tests against other reputable paint brands. The company provides expert advice backed by years of industry experience, ensuring that customers receive tailored recommendations. Universal Paints operates dedicated factory shops that directly supply their products, thereby eliminating middleman costs and high overheads, which allows for competitive pricing. Customers can expect personalized service, including on-the-spot color matching from a vast selection of color swatches. Universal Paints prioritizes delivering exceptional value and quality to consumers who appreciate superior products.

Thoroughtec Simulation

Private Equity Round in 2014
ThoroughTec Simulation (Pty) Ltd. specializes in designing and developing high-fidelity equipment simulators for the mining, military, and construction industries. The company provides advanced mining simulators for both surface and underground operations under the CYBERMINE brand. Additionally, it offers military simulators to armed forces globally through the CYBERWAR brand and construction simulators, including bulldozers, graders, and excavators under the CYBERQUIP brand. Founded in 1998 and headquartered in Durban, South Africa, ThoroughTec has expanded its presence with offices in key global locations, including Moscow, Perth, Ontario, Salt Lake City, Santiago, and Shanghai. The company focuses on delivering tailored simulator solutions that meet the specific training needs of its clients across various sectors.

Van Schaik Bookstore

Acquisition in 2013
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.

Erbacon Investment

Acquisition in 2009
Erbacon Investment Holdings Limited is a South African company based in Sandton that specializes in heavy civil engineering construction and commercial and industrial building services. Established in 1987, the company provides a wide range of civil engineering services, including the construction of reservoirs, roads, bridges, sewage and water treatment plants, and electricity generating facilities. Erbacon also offers surface and underground mining services, which encompass ground support, rock anchor installation, and the development of mining infrastructure such as process plants and cooling towers. Additionally, the company engages in the design and construction of industrial projects and township developments. Its expertise extends to various sectors, including fertilizer, petrochemical, and food processing industries, as well as power stations. Erbacon provides comprehensive concrete repair services and participates in the general construction of commercial buildings and rural shopping centers, ensuring clients receive effective and reliable infrastructure solutions.

Vergenoeg Mining Company

Private Equity Round in 2009
Vergenoeg Mining Company is South Africa’s largest producer of fluorspar.

Medipost Pharmacy

Private Equity Round in 2009
Medipost Pharmacy operates as a courier pharmacy in South Africa, specializing in the delivery of chronic medication and other healthcare products to its members. Founded in 1991 and based in Pretoria, the company recognized a significant need for regular medication delivery among its customers. Today, Medipost is the first national pharmacy in South Africa, dispensing approximately 660,000 prescriptions monthly. The pharmacy provides competitive dispensing fees and ensures customer satisfaction by delivering the correct medications to the appropriate addresses on time. Medipost's services include a dedicated call center capable of handling inquiries in all 11 official languages, as well as specialized facilities for oncology, renal, and medication management. This comprehensive approach allows Medipost to maintain a reliable and efficient service nationwide, focusing on the needs of its customers while adhering to strict standards for quality and accountability.

Shaw Controls

Private Equity Round in 2007
Shaw Controls is a prominent manufacturer based in Johannesburg, South Africa, specializing in custom-designed low to medium voltage electrical products. The company produces a range of items, including motor control centers, distribution boards, PLC panels, control desks, and portable substations. Shaw Controls is known for its expertise in creating electrical control panels tailored to various applications, ensuring that clients receive products that meet their specific needs.

Elite Truck Hire

Private Equity Round in 2007
Elite Truck Hire is a leading truck rental company in South Africa, specializing in both short and long-term truck hire along with full maintenance leasing services. The company caters to various sectors, including cosmetics, chemicals, construction, and motor manufacturing, providing tailored transportation solutions to meet diverse client needs. In addition to truck hire, Elite Truck Hire offers vehicle support services and the option for clients to enhance their brand visibility through vehicle branding. The Elite Group also operates Elite Line Haul, which provides long-distance transport services across South Africa and into neighboring countries such as Zimbabwe, Zambia, and Mozambique. Furthermore, Elite Forklift Rentals expands their offerings with a range of forklift trucks available for both full maintenance leasing and short-term rentals.

Pepkor Holdings

Private Equity Round in 2004
Pepkor Holdings Limited is a South African retailer that focuses on discount, value, and specialized goods across several African countries, including Angola, Botswana, and Nigeria, among others. The company offers a diverse range of products, including clothing, general merchandise, household goods, furniture, appliances, consumer electronics, and cellular products and services. Additionally, it provides financial and fintech services to enhance customer convenience. Established in 2017 and headquartered in Cape Town, Pepkor operates approximately 5,254 stores as of September 2020. The majority of its revenue comes from its clothing and general merchandise segment, which includes fast-moving consumer goods and homeware. Formerly known as Steinhoff Africa Retail Limited, the company rebranded to Pepkor Holdings Limited in August 2018 and is a subsidiary of Steinhoff International Holdings N.V.

Capital Outsourcing Group

Acquisition in 2004
Capital Outsourcing Group provides temporary and permanent employment services in South Africa.

Capital Outsourcing Group

Private Equity Round in 2004
Capital Outsourcing Group provides temporary and permanent employment services in South Africa.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.