Old Mutual Private Equity

Old Mutual is a diversified international financial services group founded in 1845, specializing in life assurance, asset management, and a range of banking and insurance services. The company caters to individuals, small and medium-sized enterprises, and corporate clients, offering tailored solutions such as life assurance, short-term insurance, loans, and debt consolidation. It also provides a low-cost transactional account and unit trust savings accounts to meet customer needs. As the largest Africa-domiciled asset manager, Old Mutual manages significant assets, reflecting its extensive investment capabilities across various sectors. Additionally, the group emphasizes financial education through workshops, ensuring that clients are informed about their financial decisions. With a presence in Africa, Europe, the Americas, and Asia, Old Mutual continues to build on its long-standing heritage and commitment to providing comprehensive financial solutions.

Keiyam Gamieldan

Managing Director

Lance Grayson

Investment Principal

Burchert Johannes

Investment Principal

Rose Keanly

Managing Director

Farhad Khan

Partner

Nazeem Mohamed

Investment Principal

Tebogo Naledi

Managing Director

Siphosethu Ntswayi

Investment Associate

Donald Samuel Ogbu

Group CEO

Chris Potgieter

Portfolio Manager and CEO

Ndumiso Zulu

Investment Associate

Past deals in South Africa

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 company specializing in the production and distribution of fresh food and beverage products for both local and international markets. The business offers a diverse portfolio that includes fresh and prepared produce, convenience meals, beverages, fish, juices, snacks, and baked goods. By focusing on quality and convenience, In2Food aims to meet the evolving needs of its customers, providing them with fresh and ready-to-eat options.

MoreCorp

Acquisition in 2015
MoreCorp Pty Ltd., based in Sandton, South Africa, is a retail business specializing in golf and cycling equipment through its various subsidiaries. Established in 1976, the company operates stores that offer a diverse selection of gear and apparel from prominent sports brands. In addition to retail, MoreCorp provides corporate gifts and leisure items, and it features themed golf parks and mountain bike trails. The company also runs training facilities for golfers and fitness tracks, integrating technology into its operations to enhance the customer experience in sports and wellness.

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.

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 operates as a prominent healthcare organization in South Africa, primarily managing private hospitals through its two main divisions: Hospital and Healthcare Services. Founded in 1983 and headquartered in Illovo, the company offers a wide array of services, including acute hospitals, diagnostics, mental health care, rehabilitation, renal dialysis, and oncology. Life Healthcare is recognized as one of the largest black economic empowered companies in the country, emphasizing its commitment to delivering high-quality healthcare in collaboration with medical professionals. The organization is dedicated to enhancing patient well-being and quality of life, while maintaining a focus on clinical excellence and compassionate care.

Pepkor

Private Equity Round in 2004
Pepkor Holdings Limited is a South African retail company that operates a diverse portfolio of retail chains across Africa and parts of Eastern Europe and Australia. Established in 2017 and based in Cape Town, Pepkor focuses on providing discount and value-oriented goods, primarily in the clothing, footwear, and textiles sectors. The company operates approximately 5,254 stores in various countries, including South Africa, Angola, Botswana, and Nigeria, employing around 32,000 people. Its main subsidiaries include Pep and Ackermans in South Africa, Best & Less in Australia, and Pepco in Poland. In addition to clothing and general merchandise, Pepkor offers household goods, furniture, appliances, consumer electronics, and financial services, catering to customers seeking affordable everyday products.

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.
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.