RMB Corvest

RMB Corvest is a private equity firm within the FirstRand Group, established in 1989 and based in Illovo, South Africa. The company specializes in management buyouts, management buy-ins, and black economic empowerment (BEE) transactions, focusing on medium-sized and mature businesses with a proven performance history. To date, RMB Corvest has completed nearly 200 deals, demonstrating a solid track record in private equity investments. The firm typically invests between 20% and 90% in companies with a minimum EBITDA of ZAR 40 million, aiming for investments that last between five to seven years. RMB Corvest avoids investing in seed-stage startups and turnarounds, instead targeting established businesses across various sectors, excluding agriculture, high-tech ventures, and property. The firm also engages in secondary investments and fund of fund investments in private equity. With experienced staff and substantial resources from RMB, RMB Corvest provides a comprehensive private equity solution.

Francois Cilliers

CTO, Financial Director and CFO

Martin Coetzee

Director

Mike Donaldson

Chief Executive Officer

16 past transactions

Vital Products

Private Equity Round in 2012
Vital Products Ltd. manufactures and distributes fruit drinks and non-alcoholic beverages to food and beverage industry. Its products include tomato puree, paste, and ketchup; juice drinks, energy drinks, dairy drinks, multivitamin drinks, and vitamin C drinks; and children food. The company also distributes pharmaceutical products. Its fruit drinks and non-alcoholic beverages are distributed through a network of distributors in Nigeria. The company was founded in 1999 and is based in Lagos, Nigeria.

Respiratory Care Africa

Private Equity Round in 2012
Respiratory Care Africa (Pty), Ltd. provides critical care, respiratory, and ICU equipment.

Highbury Media

Private Equity Round in 2005
Highbury Safika Media publishes magazines. It offers consumer magazines covering business, health, entertainment, sports, and the stable; customer magazines for various South African and international companies; and business to business publications ranging from quarterly telecommunications magazines to color books covering environment, sustainability, and government.

Winder Controls

Private Equity Round in 2013
Winder Controls (Pty) Ltd engages in the design, manufacturing, supply, installation, and commissioning of winders, winches, hoists, and various related equipment. The company offers products and services that include mechanical, electrical, and hydraulic products, as well as replacement components. It offers new/refurbished hoisting systems, rope-handling systems, auxiliary components, and parts and services. The company was founded in 1973 and is based in Bedfordview, South Africa.

Sunspray Food Ingredients

Private Equity Round in 2015
Sunspray Food Ingredients (Pty) Limited manufactures and markets powdered food products including fat powders, fruit powders, and caramel. The company was founded in 1944 and is based in Johannesburg, South Africa.

Radio Network Solutions

Private Equity Round in 2016
Radio Network Solutions providing two-way radiotelephone communication services.

Brunel Laboratoria

Private Equity Round in 2022
Brunel is a privately owned pharmaceutical business with a primary footprint in South Africa.

Sectional Poles

Private Equity Round in 2013
Sectional Poles manufacture for the lighting and telecommunications industries, attests to the commitment, excellent level of service and authentic brand

Dupleix Liquid Meters

Private Equity Round in 2012
Dupleix Liquid Meters manufactures valves, pneumatic actuators and accessories.

Crisp Air

Acquisition in 2005
Crisp Air is a manufacturer and distributor of quality automotive aftermarket air conditioner (A/C) systems.

Molapo Telecoms

Private Equity Round in 2006
Molapo is a provider of telecommunications technical services.

Servest

Private Equity Round in 2006
Servest Group is a multi-service facilities management provider.

Efficient Engineering

Private Equity Round in 2010
Efficient Engineering (Pty) Ltd. provides sheet metal fabrication, machining, manufacturing, and heavy duty engineering services. It serves mining, material handling, and engineering industries. Efficient Engineering (Pty) Ltd. was founded in 1968 and is based in Johannesburg, South Africa.

Kwikot

Acquisition in 1999
Kwikot Limited manufactures and sells electric water heaters and accessories for domestic and international applications.

MineRP

Venture Round in 2012
MineRP Holdings Proprietary Limited develops software solutions for the mining industry. The company was formerly known as Graphic Mining Solutions International (Pty) Limited. MineRP Holdings Proprietary Limited was founded in 1997 and is based in Centurion, South Africa. As of October 25, 2017, MineRP Holdings Proprietary Limited operates as a subsidiary of Dundee Precious Metals Inc.