Private Equity Investments
Mekaish Group is constantly on the lookout for exciting and dynamic entrepreneurial businesses where it can co-invest and partner with existing management with a view to grow the company exponentially.
We operate in the medium-sized sector where the business is already established, has a successful track record and is sustainable. Mekaish Group insists that all the key players’ interests are aligned therefore management will have to have a material, financial interest in the business. Mekaish Group will also commit its own balance sheet alongside that of investors and management so that there’s an alignment of interest and risk for all parties.
The model adopted by Mekaish Group is one of partnership and the executives are proactively involved in the businesses in which they are already invested. Mekaish will assist companies looking to improve their BEE credentials and also provides replacement capital for those seeking to replace exiting shareholders.
Investment objectives and criteria:
- To make medium to long term equity and equity related investments;
- To achieve above-average investment returns of at least 30% per annum;
- To champion and promote transformation and BEE in portfolio companies;
- Invest in profitable and established businesses with strong management teams;
- Acquire significant minority and / or control positions in portfolio companies;
- Investment in most industries excluding; tobacco, gambling, military and mining;
- Focus on investments in SA with ability to invest in rest of Africa.
Some of the typical investment transactions in which we have been involved include:
- Leveraged buy-outs of companies alongside management teams;
- Entrepreneur partnering transactions to support proven entrepreneurs to enhance business value;
- Companies seeking to enhance BEE credentials;
- Replacement capital requirements to provide liquidity for exiting partners and executive shareholders wishing to realise some value and diversify their risk outside the business.