M&A Deal Summary |
|
|---|---|
| Date | 2008-01-28 |
| Target | Tsebo |
| Sector | Business Services |
| Buyer(s) | Rockwood Private Equity |
| Sellers(s) | Ethos Private Equity |
| Deal Type | Secondary Buyout |
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| Category | Private Equity Firm |
|---|---|
| Size | Middle-Market |
| Type | Sector Agnostic |
Rockwood Private Equity is a lower middle-market private equity firm that seeks to invest in profitable, mid-sized companies operating in South Africa and neighboring sub-Saharan Africa. Rockwood will consider both controlling and minority equity positions and typically looks to invests R300 million – R1 billion, with a preferred investment size of R750 million. Sectors of interest include manufacturing, business services, and waste management. Rockwood will not invest in primary agriculture, real estate, armaments, tobacco, and mining. Prospective transaction types include MBOs, MBIs, LBOs, carve-outs, secondary buy-outs, take privates, recapitalizations, and growth capital financings. Rockwood Private Equity is based in Gauteng, South Africa
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| Country: South Africa M&A | 3 of 5 |
| Year: 2008 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-08-02 |
Bravo Group
Johannesburg, South Africa Bravo Group is a provider in the manufacture of furniture and bedding. The company boasts strong brand names (e.g., Sealy, Edblo, Gomma Gomma and Grafton Everest) and consistently applies best practice in manufacturing. Bravo Group was established in 1980 and is based in Johannesburg, South Africa. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-11-05 |
EnviroServ
Germiston, South Africa EnviroServ provides its customers with total service solutions and environmental peace of mind, whilst raising the standards in environmental stewardship. EnviroServ was founded in 1945 and is based in Germiston, South Africa. |
Buy | $261M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 1.2B USD |
| Size | Large |
| Type | Sector Agnostic |
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 | 15 of 25 |
| Sector: Business Services M&A | 2 of 4 |
| Type: Secondary Buyout M&A Deals | 4 of 4 |
| Country: South Africa M&A | 15 of 22 |
| Year: 2008 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-01-21 |
Tiger Wheel & Tyre
Midrand, South Africa Tiger Wheel & Tyre engages in retailing and wholesale of automotive products. Tiger Wheel & Tyre providing consumers with unparalleled expertise, world-class fitment services, and a wide variety of products from leading, premium brands in wheels, tires, batteries, and accessories all at affordable prices. Tiger Wheel & Tyre was established in 1967 and is based in Midrand, South Africa. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-05-01 |
House of Busby
Rivonia, Sandton, South Africa House of Busby is an Enterprise value - R1,319 bn .Ideally positioned for the aspirant emerging black middle class and to benefit from the international trend towards brands. Has a Strong brand with a Strong management in the branded and niche South African and Australian retail market, coupled with exclusive distribution rights to these brands |
Buy | - |