M&A Deal Summary

One Thousand & One Voices and Crossfin Acquire Sybrin

On June 9, 2021, private equity firm One Thousand & One Voices and Crossfin acquired information technology company Sybrin for 410M ZAR

Acquisition Highlights
  • This is One Thousand & One Voices’ 1st and Crossfin’s 1st transaction in the Information Technology sector.
  • This is One Thousand & One Voices’ 0th and Crossfin’s 0th largest (disclosed) transaction.
  • This is One Thousand & One Voices’ 4th and Crossfin’s 1st transaction in South Africa.

M&A Deal Summary
Date 2021-06-09
Target Sybrin
Sector Information Technology
Buyer(s) One Thousand & One Voices
Crossfin
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 410M ZAR

Target

Sybrin

Johannesburg, South Africa
Sybrin is a global technology company providing payment and information processing solutions for clearinghouses, commercial banks, and corporates. Sybrin was founded in 1991 and is based in Johannesburg, South Africa.

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Buyer(S) 2

Buyer

One Thousand & One Voices

Investor Investor Investor

Category Private Equity Firm
Founded 2013
Size Small
Type Sector Agnostic
DESCRIPTION

One Thousand & One Voices is a private equity firm focused on acquiring and investing in companies throughout sub-Saharan Africa. The Firm looks for businesses that can help drive economic development and create well paying local jobs. Areas of interest of include agriculture, healthcare, and education. One Thousand & One Voices was formed in 2013 and is headquartered in Stellenbosch, South Africa.

DEAL STATS #
Overall 6 of 6
Sector (Information Technology) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
Country (South Africa) 4 of 4
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-23 Rosehip

Mohales Hoek, Lesotho

Rosehip is an export-focused healthy food company. Rosehip was founded in 2008 and is based in Mohales Hoek, Lesotho.

Buy -
Buyer

Crossfin

Cape Town, South Africa
Category Company
Sector Business Services
DESCRIPTION

Crossfin invests in high-growth and established cash generative businesses, offering investors a blended exposure to technology investments in FinTech. Crossfin aims to influence technology across the value chain from point of processing to point of fulfillment either directly or through partnerships.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
Country (South Africa) 1 of 1
Year (2021) 1 of 1
Mergr

Product

Company

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