1. Home >
  2. M&A >
  3. Stake Purchase >
  4. South Africa >
  5. Apis Partners Invests In Efficient Group

Investment Summary

Apis Partners Invests In Efficient Group

On July 29, 2019, growth capital firm Apis Partners invested in financial services company Efficient Group

Investment Highlights
  • This is Apis Partners’ 6th transaction in the Financial Services sector.
  • This is Apis Partners’ 4th transaction in South Africa.
Investment Fate
  • Efficient Group was sold to a strategic buyer in 2023.

Investment Summary
Date 2019-07-29
Target Efficient Group
Sector Financial Services
Investor(s) Apis Partners
Deal Type Stake Purchase

Target

Efficient Group

Pretoria, South Africa
Efficient Group is a diversified financial services group focused on providing professional advice, quality solutions and tailor-made investment products across the full financial services value chain, including asset administration services, asset management services, financial products distribution and professional financial advice to both retail and institutional investors in South Africa. Efficient Group is based in Pretoria, South Africa.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Apis Partners

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2014
Size Small
Type Sector Focused
DESCRIPTION

Apis Partners is an investment group focused on investing in financial services companies operating in emerging markets. Specific areas of interest include payments, insurance, credit/savings, capital markets, and tech-enabled service providers. Apis looks to back companies benefiting from increased mobile adoption and access to financial products and services. Apis Partners was established in 2014 and is headquartered in London.

DEAL STATS #
Overall 13 of 30
Sector: Financial Services M&A 6 of 10
Type: Stake Purchase M&A Deals 2 of 3
Country: South Africa M&A 4 of 5
Year: 2019 M&A 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 DocDoc

Singapore, Singapore

DocDoc is a data-enabled digital-first health insurance ecosystem with its doctor discovery engine and digital claims processing engine. DocDoc’s patient intelligence and knowledge graph-based doctor discovery engine matches end-users with the most appropriate doctors across Asia and the Middle East. DocDoc is based in Singapore.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-04 Tutuka

Johannesburg, South Africa

Tutuka is a global payments enabler making payments happen by enabling clients’ customers to pay with Mastercard, Visa or Union Pay cards and products. Tutuka was formed in 1998 and is based in Johannesburg, South Africa.

Buy -
Mergr

Solution for

Product

Company

Legal