Our investment portfolio
We target growth opportunities in markets across Sub-Saharan Africa, primarily originating from South Africa. Our partnerships include both digitally disruptive companies and long-established founder or family-owned businesses. What unifies the companies we invest in is the commitment of their management teams to growing companies that last.
Our portfolio is strategically diversified across five core investment themes, where our deep expertise drives innovation, fosters growth, and builds lasting value for our partners.

Education is the most powerful weapon
EduLife Group
EduLife Group leverages over 23 years of experience in primary and secondary education and currently operates eight schools across 5 campuses in the Free State and now the Eastern Cape. At the time of investment, it was the largest independent school group in the Free State and has grown from 1 100 learners at the time of our investment to over 3 300 students spanning multiple income groups and markets, including new additions in Gauteng and Western Cape.

ALL CONNECTED WORLD / INDUSTRY 4.0
LightWare LiDAR
LightWare is a South African-based developer and manufacturer of small LiDAR systems for drones, autonomous vehicles, smart cities and other markets. LightWare gives ‘eyes to machines’, designing and manufacturing the world’s smallest and lightest precision LiDAR and laser range-finding systems.

DATA IS THE NEW GOLD
iiDENTIFii
iiDENTIFii is a leading remote biometric digital authentication and automated on-boarding technology company, based out of Cape Town, South Africa, and operating in the identity verification (IDV) sector. iiDENTIFii differentiates itself as enterprise-grade IDV for Africa, meeting the needs of large-scale customer-focused organisations seeking to on-board and authenticate customers in a digital manner.

THERE IS NO PLANET B
Energenic
Energenic is a leading provider of reliable and cost-effective energy generation solutions across 32+ African countries. In providing energy security for telecommunications, Energenic enables uninterrupted connectivity for businesses and communities. Off-grid and alternative energy solutions address business sustainability and economic development, positioning Energenic as a leader in hybrid energy solutions across Africa.
Predecessor portfolio

ALL CONNECTED / INDUSTRY 4.0
Sensor Networks
Sensor Networks develops intelligent SMART HOME technology that is focused on risk management and energy efficiency in the home.

DATA IS THE NEW GOLD
Fernridge Solutions
Fernridge is a leading geo-spatial data and solutions provider, offering expert insights to inform location-based business decisions. Clients include retailers, property developers, private equity investors, financial-, healthcare-, education- and public-services providers.

ALL CONNECTED / INDUSTRY 4.0
JAYCOR
In a world of connected devices and machines, JAYCOR supplies connectivity, communication and automation components and services to a wide range of industries. JAYCOR delivers mission-critical signal transmission solutions for enterprise, industrial, and broadcast businesses in Africa, and represents several leading global brands.
A balanced investment portfolio
Our investment themes
Thematic growth drivers inform our portfolio, priority pipeline and deal origination efforts.Investment criteria
Unlock future value for your business
Investment size
R50m - R250m
R50 million (USD 3 million) to R250 million (USD 15 million) in single or multiple tranches. Larger investments are possible with investor backing.Investment stake
Control or minority shareholding with significant influence.
Geographies
South Africa and other select Sub-Saharan African countries with global/regional growth prospects.
Minimum Criteria
Prospective investee companies must meet the following minimum criteria to fit within our investment mandate:
- At least three years’ operating history.
- Minimum revenues > R50 million, or USD 3 million (exceptions may apply for bolt-on acquisitions).
- Inherently profitable and cash-generative; open to negative EBITDA businesses for driving growth.
- Is domiciled/operated in Sub-Saharan Africa.
- Fits within our investment themes.
Download our detailed investment criteria for more on our mandate and strategy
Download our investment criteriaContact us with your investment opportunity
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