Old Mutual

Old Mutual is an international financial services group that offers a comprehensive range of financial solutions, including life assurance, general insurance, asset management, and banking services. With a history spanning over 175 years, the company serves a diverse clientele, including individuals, small and medium-sized businesses, and corporations across various regions, including Africa, Europe, the Americas, and Asia. Old Mutual provides tailored financial products such as loans, debt consolidation loans, low-cost transactional accounts, and unit trust savings accounts. Additionally, the group is recognized as the largest Africa-domiciled asset manager, managing substantial assets and offering a wide array of investment capabilities. To enhance financial literacy, Old Mutual also conducts workshops aimed at educating clients about financial management.

Angel Adiukwu

Investment Professional, International Private Equity

Paul Boynton

Joint-Chief Executive Officer and Head of Alternative Investments

Mohsin Cajee

Investment Partner, Old Mutual Private Equity

Kathleen Danoher

Investment Professional, International Private Equity

Quinton M. Dicks

Portfolio Manager

Hywel George

Director of Investments

Khaya Gobodo

Managing Director, Old Mutual Investment Group

Lance Grayson

Investment Principal

Burchert Johannes

Investment Principal, Old Mutual Private Equity

Bradley Kalil

Joint-Chief Executive Officer, Alternative Investments

Farhad Khan

Investment Partner

Chumani Kula

Co-Head, Old Mutual Private Equity

Nabeel Laher

Head, International Private Equity

Leon Liebenberg

Investment Professional, International Private Equity

Nazeem Mohamed

Principal

Jacci Myburgh

Co-Head

20 past transactions

CoverGo

Series A in 2022
CoverGo is an award-winning insurance technology company providing enterprise software solutions to insurers, banks and brokers in Asia and beyond. CoverGo is the first fully configurable, whitelabel, modular, no-code insurance platform for omni-channel distribution, policy admin and claims. It is an end-to-end solution including dynamic pricing and underwriting engine, core admin system, insurance roboadvisor, analytics and whitelabel frontend for all lines of insurance. CoverGo’s platform is powered by hundreds of open insurance APIs to increase connectivity and automate all insurance processes. We offer the most comprehensive set of insurance APIs in the market. Insurance companies can integrate with distribution partners, create a robust insurance ecosystem and distribute the right products at the right time. We are the market leader in insurtech and fintech as recognized by a number of awards including: • HKICT Fintech Grand Award & HKICT Gold Award in Banking, Insurance and Capital Markets 2019 The official HK government fintech award. CoverGo was recognized as the best fintech solution in the market across all categories. We are the only tech company that has ever won this Grand & Gold Award. • Grand Prize at the Financial Innovation Business Conference (FIBC) 2019 FIBC is the longest established FinTech Conference in Japan. CoverGo was recognized as a fintech and insurtech market leader in the region. • International Finance Technology Award – The Most Innovative Insurance Technology Service Provider 2019 International Finance Awards recognize technology and industry leadership and capability on an international scale. • FinTech Award 2018 & 2019 for the Best B2B Insurance Integration Solution FinTech Awards recognize excellence and innovation in the use of IT in financial services in Hong Kong and Greater Bay Area. CoverGo is also supported by: • Monetary Authority of Singapore Global Fintech Hackcelerator • Accenture Fintech Innovation Lab APAC • Cyberport HK Government Incubation Programme • Mizuho Crowd Brain Accelerator • DBS Bank Startup Xchange • Global Accelerator Malaysia • AppWorks Accelerator Taiwan • Microsoft for Startups • Create@Alibaba

Pineapple

Series A in 2021
Pineapple Tech Pty Ltd operates a platform that provides peer-to-peer insurance services. It offers short-term insurance coverage to its members. The company's platform allows users to pay and track their premiums online, while choosing the network they want to pool their premiums with. Pineapple Tech also operates a mobile application. The company was formerly known as Amyti Tech. Pineapple Tech Pty Ltd was founded in 2017 and is based in Johannesburg, South Africa.

Yazi

Pre Seed Round in 2021
A market research platform that allows you to survey a targeted audience segment that is typically hard to reach digitally by utilising our research panel. Surveys run entirely through WhatsApp (app with highest penetration rate in SA), allowing access to a much larger segment whilst also being faster, more cost-effective and highly personalised

Medhold

Acquisition in 2018
Medhold Medical (Pty) Ltd is a prominent distributor of medical equipment and technology solutions in South Africa, serving hospitals and healthcare facilities since its founding in 1988. The company provides a comprehensive range of medical products, including anesthesia equipment, infection control devices, incubators, ventilators, surgical instruments, and various medical consumables. In addition to equipment distribution, Medhold also offers project management, clinical engineering, and consulting services to enhance healthcare delivery. It is headquartered in Gauteng, South Africa, and aims to support the healthcare sector with quality products and vital services.

In2Food

Private Equity Round in 2016
In2food is a South African based business providing convenient and fresh quality food products to local and international customers.

MoreCorp

Acquisition in 2015
MoreCorp is a South African business focused on sports, leisure, and wellness, primarily in the areas of golf and cycling. Founded in 1976 and headquartered in Sandton, it operates retail chains that offer a diverse range of golf and cycling gear, apparel, and accessories from major sports brands. In addition to retail, MoreCorp provides themed golf parks, training facilities for golfers, and fitness tracks. The company also engages in the sale of corporate gifts, travel-related items, and leisure products, as well as maintaining mountain bike trails. Through its technological integration, MoreCorp aims to enhance the customer experience in sports and outdoor activities.

TIGER AUTOMOTIVE

Acquisition in 2014
TiAuto Investments (PTY) LTD is the holding company of South Africa’s best-loved brands in the retail and wholesale wheels, tyres, automotive related products and services categories. The TiAuto Investments stable comprises of 7 divisions and 14 brands, all of which share the distinction of being trusted by customers and emulated by their competitors. The divisions place a high value on the loyalty accorded to them by customers and strive continuously to remain deserving of their high regard. This plays out in the form of constant innovation and the relentless pursuit of excellence in all aspects of business. TiAuto Investments aims to enhance the values of the sectors in which we operate while ensuring that the industry as a whole continues to grow and develop further.

10X Investments

Private Equity Round in 2014
10X Investments provides a full range of services and products to retirement investors.

Liberty Star Consumer Holdings

Private Equity Round in 2011
Libstar was founded in 2005 as an investment holding company investing in companies operating in the Fast Moving Consumer Goods (FMCG) industry. The company focuses on the food, beverage, household, and personal care segments of the market. Headquartered in Johannesburg, South Africa, Libstar has annualized net revenues in excess of R7bn. The group consists of 28 business units that operate nationally across 31 sites located in Gauteng, Mpumalanga, Kwa-Zulu Natal, Western Cape, and Eastern Cape provinces. Libstar offers its customers a wide range of products with the convenience of a single supplier with a nationwide presence, and distribution and manufacturing capacity. The group concentrates on supplying the needs of the foods service industry, private label segments of larger retailers and the manufacturing of products for brand owners, as well as its own branded products.

IDWALA

Private Equity Round in 2009
Idwala Industrial Holdings Limited is a South African company that specializes in the production of industrial minerals and lime. Founded in 1998 and headquartered in Honeydew, the company operates through two main divisions: Lime and Industrial Minerals. Idwala's product offerings include calcium carbonate, pyrophyllite, magnetite, and lime, which are produced at various locations, including Danielskuil, Powerville, and Benoni. The company also has operations for magnetite in Phalaborwa and carbonates in Port Shepstone. Idwala is committed to environmental and social responsibility, emphasizing its focus on niche markets within the industrial minerals sector. Its sales and marketing division supports operations in major cities such as Benoni, Durban, Port Shepstone, and Cape Town.

Reclam

Acquisition in 2008
Reclam Group is a producer of recycled ferrous and non ferrous metal products in Southern Africa based on revenue and sales volumes. Reclam Group also produces recycled paper, cardboard and plastic products, as well as aluminium ingots and pellets, and copper sulphate products. Reclam Group’s products are primarily used by its customers as input materials in the manufacturing of their products. The recyclable materials industry that Reclam Group is involved in, entails collecting obsolete or discarded ferrous and non‑ferrous metals, paper, cardboard, glass and plastic and sorting and processing these according to end‑user specifications into products that are used as input materials for industrial manufacturing. It is a dynamic company managed by hands-on entrepreneurs using new technology and methods through its over 70 facilities, pioneering the way to a total recycling and waste management service.

Tourvest

Acquisition in 2008
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.

ConSol* Software GmbH

Acquisition in 2007
ConSol* Software GmbH is an established full-service IT Provider based in Munich, Germany for mid-sized companies and major corporations. Founded in 1984, its portfolio consists of the development, integration and operation of complex IT systems and architectures. The company also offers its own line of products for customer service management, helpdesk software and lead management. As a neutral IT consulting house, ConSol* offers its customer the optimal solution – from Service Oriented Architecture to classic Enterprise Application Integration to Virtualization. ConSol*'s customers include major corporations such as BMW, Daimler, HypoVereinsbank, Kyocera, Neckermann, Schufa, Siemens and Sun Microsystems, along with medium-sized companies, for example Haribo, Käserei Champignon, WashTec as well as Germany's Federal Finance Agency and the City Administration Offices of Munich and Potsdam. ConSol*'s specialty is developing, integrating and operating complex IT systems. It provides complete, one-stop solutions in such areas as operating systems, networks, databases or web services. ConSol*'s services include IT strategy consulting at the managerial level, development and optimization of operating concepts, assistance in making investment decisions as well as practical implementation. This means administration and 24/7 support for servers, databases, Internet solutions, infrastructure, emergency deployment, programming and security solutions. Software Development: ConSol* develops individual software in Java and other programming languages. Above all, applications critical to company processes and procedures profit from modern SOA and JEE/J2EE architecture. ConSol*CM is highly competitive, flexible software for the control of communication processes. Operational areas are customer service, Helpdesk, complaint-, process- and Leadmanagement.

SAVCIO

Private Equity Round in 2005
SAVCIO is a privately-owned provider of maintenance and repair services for rotating electrical equipment and transformers in Africa.

Life Healthcare

Acquisition in 2005
Life Healthcare Group Holdings Limited, together with its subsidiaries, operates private hospitals primarily in South Africa. It operates through two divisions, Hospital and Healthcare Services. The company provides range of acute hospitals and complementary services; and Life Esidimeni and Life Employee Health Solutions. It also offers services in the areas of diagnostics, mental health, acute rehabilitation, renal dialysis, and oncology. The company was formerly known as Afrox Healthcare Limited and changed its name to Life Healthcare Group Holdings Limited in January 2005. Life Healthcare Group Holdings Limited was founded in 1983 and is headquartered in Illovo, South Africa.

Pepkor

Private Equity Round in 2004
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.

Metcash

Post in 2004
Metcash Limited is Australia's leading wholesale distribution and marketing company specialising in grocery, fresh food, liquor, hardware and automotive parts and accessories. From its origins in 1920s as a family owned corner store, Metcash has evolved, uniting Australia’s independent grocers and diversifying its portfolio of businesses to become an ASX Top 100 Company. Headquartered in Sydney, its diverse business operations range from servicing its customers in supermarket and convenience businesses through to hardware. Metcash’s customers are, predominantly, independently owned grocery and liquor stores, but also include hardware stores, which operate under our portfolio of brands including: IGA, Mitre 10, and Cellarbrations. Metcash champions the interests of the independent grocery, liquor and hardware sectors through its core competencies of buying, merchandising, marketing, brand building, distribution logistics and warehousing. Metcash Food and Grocery (MF&G) is the wholesale dry grocery and fresh foods pillar of the business; supplying product for our brands and distributors along with support for ranging, retail operations, merchandising and marketing. The business is supported by 5 major distribution centres delivering dry, chilled, frozen, general merchandise and hair/beauty/cosmetics. Eight fresh distribution centres deliver fresh produce, meat, bakery and deli products. For a large part of its history, Metcash carried the name of the founder of its predecessor business, Davids. Founder Joe David, was the second son of Lebanese migrants; a visionary and entrepreneurial thinker. In May 1927, at the age of 24, he opened his first ‘food’ store at Woolloomooloo, NSW; closely followed by six others. As the businesses prospered, Davids continued to expand and in 1935 opened a wholesale warehouse in Surry Hills, NSW. The Davids business identified a niche market with great opportunity; supporting and wholesaling to independent retailers. The company formed the first professionally organised voluntary retail group in NSW and also established the industry’s first Retail Services Program for independent retailers. In 1980 the company acquired AG Campbells wholesale business.

Foodcorp

Acquisition in 2004
Foodcorp is a manufacturer of quality branded and private label food products. The Company manufactures, markets and distributes a diversity of food products ranging from basic essentials to top end desserts and convenience meals.

Brait

Private Equity Round in 2004
Brait is an investment firm based in Malta, established in 1991, that focuses on driving sustainable long-term growth and value creation through its portfolio of sizeable, unlisted businesses in the consumer sector. The firm primarily invests in privately owned companies, with significant holdings in Virgin Active, Premier, and Iceland Foods, among others. Brait aims to enhance the performance of its investments while maintaining a diverse portfolio, which also includes bonds and cash equivalents. By concentrating on well-established businesses, Brait seeks to foster development and generate returns for its stakeholders.