M&A Deal Summary

Sanlam Private Equity Acquires Q Link

On May 31, 2022, private equity firm Sanlam Private Equity acquired internet software and services company Q Link from Apis Partners

Acquisition Highlights
  • This is Sanlam Private Equity’s 1st transaction in the Internet Software and Services sector.
  • This is Sanlam Private Equity’s 1st transaction in South Africa.

M&A Deal Summary

Date 2022-05-31
Target Q Link
Sector Internet Software and Services
Buyer(s) Sanlam Private Equity
Sellers(s) Apis Partners
Deal Type Secondary Buyout

Target

Q Link

Pretoria, South Africa
Q Link provides a cloud-based, one-stop collections solution and service to improve collection rates and efficiency for a wide spectrum of industries, including financial services, banking and finance, healthcare, labor organizations, and large employers in both the public and private sectors. Q Link is a strategic partner to its clients, Q Link’s affiliate company, Q Sure, specializes in similar services but is aimed at the specific needs of the short-term insurance market. Q Link is based in Pretoria, South Africa.

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Buyer(S) 1

DESCRIPTION

Sanlam Investments Private Equity is the private equity investment arm of South African asset manager Sanlam. Sanlam Investments looks to partner with growth-oriented South African companies operating in a variety of industries including business services, consumer products, manufacturing, and software. Sanlam Investments Private Equity is based in Bellville, South Africa.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Secondary Buyout) 1 of 1
Country (South Africa) 1 of 1
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-03 Absolute Pets

Cape Town, South Africa

Absolute Pets offers pet supplies, services, and expertise to keep pets healthy. Absolute Pets is based in Cape Town, South Africa.

Sell -

Seller(S) 1

SELLER
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 5 of 7
Sector (Internet Software and Services) 1 of 1
Type (Secondary Buyout) 1 of 1
Country (South Africa) 2 of 4
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-18 Prenetics

Hong Kong, China

Prenetics is a major global diagnostic and genetic testing company with the mission to bring health closer to millions of people globally and decentralize healthcare by making the three pillars Prevention, Diagnostics and Personalized Care comprehensive and accessible to anyone, at any time and anywhere. Prenetics was founded in 2014 and is based in Hong Kong, China.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-26 Money View

Bengaluru, India

Money View is an online financial services platform providing personalized credit products and personal financial management solutions. Money View was founded in 2014 and is based in Karnataka, India.

Buy -