Get access to predictable, growing cash-flow businesses.
There are approximately 5,000 businesses in South Africa earning between R10 million and R40 million EBITDA.
Traditional private equity can't play in this space — the fund economics don't make sense.
Whoever finds a way to access these businesses faces no competition, and can optimise the three main return drivers — cash yield, growth, and risk.
We built a way to make the R10–40 million space profitable. We combine the best of technology and people.
Our fund is currently open.
We are raising R350 million to buy five to six businesses. Spots are limited — once the raise is allocated, it closes.
At best, a typical PE fund needs five people to source, manage, and exit deals — roughly R20m a year in salaries and overhead. A 2% management fee on that cost base implies around R1bn under management. That team can run at most ten investments. Assuming 50% leverage, that requires R100m of equity per deal, an enterprise value above R200m, and an EBITDA above R40m. Below that line, the fund economics fail. Above it, competition compresses returns.
You're in experienced hands.
Transaction experience
As a team we have closed five transactions with a cumulative value of over R5 billion, domestically and internationally.
Execution experience
We have built three banks and two fintech products, across eight years of building startups — the technical machine behind this model.