M&A Deal Summary

Ethos Private Equity Acquires gammaTEK

On October 4, 2018, private equity firm Ethos Private Equity acquired distribution company gammaTEK

Acquisition Highlights
  • This is Ethos Private Equity’s 4th transaction in the Distribution sector.
  • This is Ethos Private Equity’s 40th transaction in South Africa.

M&A Deal Summary

Date 2018-10-04
Target gammaTEK
Sector Distribution
Buyer(s) Ethos Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

gammaTEK

Johannesburg, South Africa
gammaTEK is an Importer, distributor & manufacturer of mobile device accessories and low-tech consumer products in Sub Saharan Africa servicing almost 2000 stores. gammaTEK was Established in 1998 and is based in Johannesburg, South Africa.

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Buyer(S) 1

Buyer

Ethos Private Equity

Illovo, South Africa

Category Private Equity Firm
Founded 1984
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Ethos Private Equity is a private equity investor that targets opportunities in South Africa. Ethos looks for stable businesses valued between $15 and $100 million US. Target transactions include divestitures of non-core assets, sector consolidations, development of family owned businesses, growth financings, and turnarounds. Ethos was formed in 1984 and is based in Johannesburg, South Africa.


DEAL STATS #
Overall 45 of 48
Sector: Distribution M&A 4 of 4
Type: Buyout (LBO, MBO, MBI) M&A Deals 33 of 33
Country: South Africa M&A 40 of 42
Year: 2018 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-28 Echo

Sandton, South Africa

Echo is an independent integrator of advanced network and cloud computing services. Echo offers an aggregation of ISP services to the South African market. Echo was founded in 2010 and is based in Sandton, South Africa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-06 Vertice MedTech

Pretoria, South Africa

Vertice MedTech is a provider of high-quality, state-of-the-art surgical products and instruments, personalized service, and comprehensive technical support to the Southern African Healthcare sector. Vertice MedTech was founded in 2018 and is based in Pretoria, South Africa.

Buy -