Posts by savca

SAVCA releases 2017 Venture Capital Success Stories report | BizCommunity

The Southern African Venture Capital and Private Equity Association’s (Savca), 2017 Venture Capital (VC) Success Stories report highlights the role that VC plays in supporting South African business, and follows the launch of the Savca 2017 VC Survey that revealed that VC investments in ICT comprised 27% of the deals concluded in 2016. READ MORE

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Increased Venture Capital Driving SA’s Business Growth | femaleentrepreneursa.co.za

The Southern African Venture Capital and Private Equity Association (SAVCA), the industry body and policy advocate for private equity and venture capital in the region, has released its 2017 Venture Capital (VC) Success Stories report. This report highlights the role that VC plays in supporting South African business, and follows the launch of the SAVCA 2017 VC Survey that…

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Increased Venture Capital Driving SA Tech Sector, says SAVCA | TechFinancials

The Southern African Venture Capital and Private Equity Association (SAVCA), the industry body and public policy advocate for private equity and venture capital in the region, has released its 2017 Venture Capital (VC) Success Stories report. This report highlights the role that VC plays in supporting South African business, and follows the launch of the SAVCA 2017 VC…

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PIC takes full control of ailing Daybreak | BusinessDay

Troubled poultry producer Daybreak has been rescued from almost certain closure by the Public Investment Corporation (PIC) in a deal in which Africa’s largest fund manager becomes its 100% owner. This is despite the PIC’s own rating of the operation as “underperforming”. READ MORE

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SAVCA NEWSLETTER FEATURE: Q&A with ASOC Management Company

SAVCA speaks to ASOC Management Company executive director Paul Birkett (PB) on the distressed fund managers role within the private equity industry and some of their exciting projects. Tell us a bit about ASOC. PB: ASOC Management Company (“ASOC”) is a specialist alternative investment management firm, with significant turnaround and restructuring expertise, that offers flexible…

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Carlyle buys NOSA Group in $56.5mln deal | Africa Capital Digest

The Carlyle Group is acquiring NOSA Group from MICROmega Holdings, a JSE-listed investment holding company, on behalf of its $698 million sub-Saharan Africa private equity fund. The deal, which will be the ninth for the fund, is expected to close early next year, once it has received regulatory approvals and satisfied other conditions. MICROmega Holdings first acquired…

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Private equity consortium invests in Kevro, Africa’s largest supplier of corporate and promotional apparel | Ethos, RMB Corvest, RMB Ventures

A private equity consortium comprising RMB Corvest, RMB Ventures and Ethos Mid Market Fund have, alongside management, acquired 100% of Kevro, Africa’s largest value-add supplier of corporate and promotional apparel, and other brandable products. Kevro was acquired from Ethos Fund VI, which had owned a 72% stake in the group since 2011 and was looking…

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SAVCA NEWSLETTER FEATURE: Q&A with the SA SME Fund

SAVCA speaks to the SA SME Fund’s (SA SMEF) CEO Quinton Dicks and Principal Thiru Pather on their mandate and role in private equity, including their plans for the next year or two.   Tell us a bit about the SA SME Fund? SA SMEF: The SA SME Fund was launched by the CEO Initiative…

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SAVCA NEWSLETTER FEATURE: Q&A with Kalon Venture Partners

SAVCA speaks to Kalon Venture Partners CEO Clive Butkow to tell us more about the name change, deal activity highlights and their outlook for the next year and beyond. Tell us a bit about Kalon Venture Partners. CB: Kalon Venture Partners (formerly GroTech Limited) is a Section 12J Venture Capital Company which invests in and builds…

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