Sphere Holdings

Sphere Holdings, established in 2003, is a South Africa-based private equity firm with a decade-long track record. It specializes in buyouts and growth capital investments, focusing on privately held businesses in strategic sectors such as B2B, manufacturing, and industrial goods. The company is committed to long-term partnerships, working closely with its portfolio companies to build successful businesses. Sphere Holdings is majority black-owned and managed, with 71% black ownership including 31% women ownership, aligning with South Africa's Black Economic Empowerment goals. It also allocates approximately 15% of its shares to charitable organizations, benefiting over five million beneficiaries across the country.

Itumeleng Kgaboesele

Co-Founder and CEO

6 past transactions

hearX

Series A in 2021
hearX is an innovative start-up dedicated to enhancing access to hearing healthcare through advanced digital solutions. The company seeks to transform the traditional audiology model by leveraging smart technology, big data, and artificial intelligence, aiming to provide affordable and scalable hearing care to millions. hearX offers a diverse range of solutions, including mobile applications for audiometry and hearing screening tests, diagnostic otoscopes, and a cloud-based health data management platform. With over one million tests conducted across 39 countries, hearX's products are designed to be more accurate, faster, and cost-effective than conventional methods. The company prides itself on delivering a fully managed service that addresses the barriers to detecting and diagnosing disabling hearing loss, thereby democratizing access to essential hearing healthcare.

Pearson South Africa

Private Equity Round in 2016
Pearson South Africa, a subsidiary of Longman Group (Overseas) Holdings Ltd, is a prominent educational publisher based in Cape Town, focusing on a wide range of learning resources for educators and learners across Sub-Saharan Africa. Established in 1960, the company provides materials that span early childhood development, formal schooling, vocational education, and further education. Its offerings include textbooks, e-books, curriculum-based resources, and various multimedia tools such as DigiKits, which feature animations to explain complex concepts. Pearson South Africa also delivers online homework, tutorial services, and e-learning solutions, alongside teacher training and professional development programs. The company plays a significant role in the educational landscape by supplying millions of textbooks annually and training thousands of teachers. Additionally, it operates institutions of higher learning and offers qualifications in diverse fields, including information technology, commerce, and law, contributing to positive social impact through education.

BBD

Acquisition in 2016
BBD is a software development firm with over 20 years of experience, primarily serving clients in the financial services, telecommunications, education, insurance, gaming, and public sectors. The company specializes in custom software development, mobile development, strategy consulting, cloud enablement, and digital strategy. BBD is known for its commitment to delivering projects on time and with high quality, providing clients with comprehensive support throughout the project lifecycle.

Babcock International Group

Private Equity Round in 2015
Babcock International Group, established in 1993 and headquartered in London, is a leading British engineering company specializing in the support, maintenance, and enhancement of critical assets across various sectors. The company operates in four key segments: Marine, Land, Aviation, and Nuclear. It provides engineering services, manufactures products, and delivers training programs within these sectors. Babcock's expertise spans marine and naval services, land vehicle conversions and maintenance, aviation support and fleet management, and nuclear power plant construction, decommissioning, and support. The company's primary revenue driver is its Nuclear segment, which serves the UK's nuclear submarine fleet and supports nuclear generation and new build projects. Babcock's mission is to deliver sustainable value to its stakeholders by improving the capability, reliability, and availability of critical assets.

Dynamic Fibre Moulding

Private Equity Round in 2007
Dynamic Fibre Moulding (PTY) Ltd. is a South African company established in 1993, specializing in the development and supply of moulded fiber packaging solutions. The company is recognized as the market leader in moulded fibre egg packaging and is also expanding its presence in the dairy product packaging sector, as well as in the production of thermoformed and cushion packaging. Based in Mandini, Dynamic Fibre Moulding focuses on providing sustainable, effective packaging solutions tailored to meet the needs of various industries.

Honeywell Process Solutions

Private Equity Round in 2007
Honeywell Process Solutions (HPS) helps industrial customers around the world operate safe, reliable, efficient, sustainable and more profit. A business unit of Honeywell International, HPS has pioneered process automation control for more than 40 years with a continuous evolution from legacy process control systems to today’s leading innovations such as Experion® PKS, protecting our customers’ investments in automation assets.
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