M&A Deal Summary

Acorn Private Equity Acquires Overberg Agri

On February 7, 2014, private equity firm Acorn Private Equity acquired agriculture company Overberg Agri for 200M ZAR

Acquisition Highlights
  • This is Acorn Private Equity’s 2nd transaction in the Agriculture sector.
  • This is Acorn Private Equity’s largest (disclosed) transaction.
  • This is Acorn Private Equity’s 3rd transaction in South Africa.
Investment Fate
  • Overberg Agri merged with another company in 2018.

M&A Deal Summary

Date 2014-02-07
Target Overberg Agri
Sector Agriculture
Buyer(s) Acorn Private Equity
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 200M ZAR

Target

Overberg Agri

Caledon, South Africa
Overberg Agri is a diversified regional agri business provider in South Africa. Overberg Agri is based in Caledon, South Africa.

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Buyer(S) 1

DESCRIPTION

Acorn Private Equity is a private investment group focused on acquiring and investing in Sub-Saharan African companies. Acorn targets profitable, sustainable businesses valued less then R$500 million. The Firm does not have any sector preferences. Acorn Private Equity was established in 2009 and is headquartered in Somerset West, South Africa.


DEAL STATS #
Overall 3 of 3
Sector (Agriculture) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 2 of 2
Country (South Africa) 3 of 3
Year (2014) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-07 USC Metering

KwaZulu-Natal, South Africa

USC Metering (Pty) Ltd. is a provider of payment water meters and electronic water control devices.

Sell R40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-01 Overberg Agri

Caledon, South Africa

Overberg Agri is a diversified regional agri business provider in South Africa. Overberg Agri is based in Caledon, South Africa.

Sell -