Value Capital Partners

Cashbuild Limited is a South Africa-based retailer specializing in building materials and associated products. Founded in 1978 and headquartered in Johannesburg, the company provides a diverse range of goods, including cement, timber, bricks, roofing materials, and plumbing supplies. Cashbuild primarily serves contractors, homebuilders, farmers, and traders, catering to both individual and commercial customers. As of mid-2020, the company operated 318 stores across South Africa and several neighboring countries, including Botswana, Swaziland, Lesotho, Namibia, Malawi, and Zambia. Its retail presence spans urban, rural, and township areas, making building materials accessible to a wide demographic.

Bonyan for Development and Trade is a specialized real estate developer based in Cairo, Egypt, established in 2007. The company focuses on the development of commercial properties and has a subsidiary that offers interior design products for both residential and commercial projects. Bonyan operates not only in Egypt but also extends its services to the broader MENA region, contributing to the local real estate market through its innovative development solutions and design offerings.

Grand Parade Investments (GPI) is an empowering investment holding company that actively manages investments in its current focus areas of food and gaming. The Company was founded in 1997 for the purpose of partnering with Sun International South Africa (Pty) Ltd as its primary black economic empowerment partner in the Western Cape. R28 million was raised from over 10 000 previously disadvantaged community members.

Cobli is a FleetTech company focused on simplifying and enhancing fleet management. Founded by Parker Treacy and Rodrigo Mourad, Cobli has experienced over 100% annual growth and has expanded its workforce to more than 400 employees. The company has raised $45 million in funding, primarily from Softbank, and operates across Brazil, serving diverse industries such as telecommunications, transportation, energy, e-commerce, and construction. Cobli's platform leverages IoT, Artificial Intelligence, Big Data, and video telemetry technologies to improve fleet efficiency. Its solutions are designed to reduce costs, enhance productivity, increase driver safety, ensure operational compliance, and elevate the customer experience. The company also specializes in vehicle tracking and provides tools for monitoring driver behavior, dynamic routing, and fraud prevention, addressing common challenges faced by fleet owners.

Pepkor Holdings Limited is a South African retail company that operates a wide array of discount and value-oriented stores across several African nations, including Angola, Botswana, and Nigeria, as well as in Australia and Eastern Europe. The company offers a diverse range of products, including clothing, household goods, furniture, appliances, consumer electronics, and cellular products. It also provides financial and fintech services. As of September 2020, Pepkor managed approximately 5,254 retail locations, with a significant portion of its revenue coming from clothing and general merchandise. Founded in 2017 and headquartered in Cape Town, Pepkor was previously known as Steinhoff Africa Retail Limited before rebranding in August 2018. It operates as a subsidiary of Steinhoff International Holdings N.V.

Net1 UEPS Technologies is the provider of secure and affordable transaction channels between formal business and un-banked and under-banked individuals. Through the supply of chip card technologies and systems such as its Universal Electronic Payment System(U.E.P.S.) Net1 provides alternative payment solutions for populations in developing economies that have no or limited access to traditional banking facilities, estimated at four billion people.

Bytes Technology Group plc is a provider of comprehensive IT solutions, offering software, hardware, and cloud services across the United Kingdom, Europe, and internationally. Founded in 1982 and headquartered in Leatherhead, the company delivers a range of services including security, storage, virtualization, licensing, digital transformation, and managed services. These offerings cater to both public and private sector clients and are marketed under the Bytes Software Services and Phoenix brands. Through its diverse portfolio, Bytes Technology Group aims to meet the evolving needs of organizations in an increasingly digital landscape.

Lesaka Technologies is a financial technology company based primarily in South Africa, specializing in payment and transaction processing solutions. The company operates through two main segments: Merchant and Consumer. The Merchant segment generates the majority of its revenue by providing goods and services to corporate clients and other legal entities, earning fees from transaction processing and the distribution of prepaid airtime. The Consumer segment focuses on offering financial services directly to individuals, including bank accounts, loans, and insurance products. Through these services, Lesaka Technologies aims to enhance secure transaction channels for both business and consumer customers.

ADvTECH Limited is a prominent education and training provider based in Sandton, South Africa. The company operates through three main divisions: Schools, Tertiary, and Resourcing. The Schools division delivers comprehensive educational services, including pre-primary, primary, and secondary education. The Tertiary division focuses on higher education, offering diploma, degree, and postgraduate programs through both traditional and distance learning methods. In addition, the Resourcing division specializes in staffing solutions, providing permanent, temporary, and contract placements across various sectors, including information technology, accounting and finance, engineering, and network services. ADvTECH stands out as a leader in quality education, skills development, and workforce placement in the region.

African Phoenix Investments aim to create and sustain long-term value and to invest in assets. They will have a primary investment focus of a portfolio of equity interests in listed and unlisted companies with achieving above average returns. Their secondary investment focus of holding cash, bonds, debt instruments, derivatives, collateralized notes and fund participations.

Metair Investments Limited is a manufacturer and distributor of energy storage products and automotive components, operating primarily in South Africa, Romania, Turkey, the United Kingdom, the Middle East, and Russia. The company produces a range of energy storage solutions, including automotive and industrial batteries, solar systems, and backup systems, catering to various sectors such as telecommunications, utilities, and mining. In the automotive sector, Metair supplies original equipment components and aftermarket products, including brake pads, shock absorbers, air-conditioning systems, and various electronic components. Founded in 1948 and headquartered in Johannesburg, Metair manages a diverse portfolio aimed at meeting the needs of both the automotive industry and other sectors requiring reliable energy solutions.

Sun International Limited is a prominent player in the gaming, hospitality, and entertainment sectors, operating a diverse portfolio of casinos, hotels, and resorts across South Africa, Swaziland, Nigeria, and Latin America. Incorporated in 1967 and headquartered in Sandton, South Africa, the company manages a total of 19 properties, which include luxury hotels and modern casinos. Sun International has established itself as a premium brand, renowned for its exceptional service and unique architectural designs that blend with local environments. Notable destinations include Sun City, which has set the standard for large-scale international events, and The Table Bay Hotel in Cape Town. The company has also successfully expanded into Latin America since 2008, with a focus on developing gaming opportunities in the region. Sun International is committed to responsible corporate citizenship, emphasizing economic empowerment and community contributions, while creating memorable experiences for its guests.

Adcorp Holdings Limited is a provider of workplace solutions operating primarily in South Africa and Australia. The company offers a variety of services, including permanent recruitment, flexible staffing, professional IT services, business process outsourcing, training, and financial services. Its operations are organized into several segments: Industrial Services, Support Services, Professional Services, Financial Services, and Training Services. Adcorp aims to enhance workforce management across different industry sectors and job types, focusing on regions such as Africa, the Middle East, and the Asia Pacific. Founded in 1968 and headquartered in Johannesburg, South Africa, Adcorp is dedicated to fostering connections that promote growth for individuals, businesses, and economies.

Novus Holdings Limited is a prominent player in the printing and manufacturing sector, headquartered in Cape Town, South Africa. The company operates through three main segments: Printing, Packaging, and Other. It provides a variety of printing services, including gravure, heatset, coldset, sheet-fed, and digital printing, catering to diverse needs such as magazines, newspapers, books, labels, and security materials. Novus also produces flexible packaging solutions, including retail and carrier bags, aimed at various industries like fast-moving consumer goods and chemicals. Additionally, the company runs a training institution that offers technical, management, and IT courses. With a network of 11 plants across South Africa, Novus serves both local and international markets, focusing on medium to long-run print production requirements. Established in 2008, Novus Holdings has positioned itself as a market leader in the region.

PPC Ltd is a leading manufacturer and supplier of cement and related products in South Africa and several other African nations, including Botswana, Mozambique, Zimbabwe, Rwanda, and the Democratic Republic of the Congo. Established in 1892 and headquartered in Johannesburg, the company produces a wide range of products, including cement, aggregates, readymix, lime, limestone, and fly ash. PPC Ltd markets its cement products under various brand names, such as Surebuild and OPC. In addition to cement, the company offers a diverse selection of aggregates, including road stones, sands, and special aggregate products, catering to both construction and agricultural sectors. With a robust manufacturing presence across its operational regions, PPC Ltd plays a critical role in supporting infrastructure development throughout the continent.

Altron Ltd is a technology solutions provider that offers integrated ICT services to businesses, governments, and consumers. The company focuses on three main segments: Digital Transformation, Managed Services, and Own Platforms. Altron combines technical expertise with a deep understanding of customer needs to deliver comprehensive technology solutions. While it operates in various regions, including Africa, Europe, the Middle East, and Australia, the majority of its revenue is generated from its home market in South Africa.

Polatis is a company specializing in optical switching technology, established in 2005 through the merger of prominent optical technology firms from Cambridge, Massachusetts, and Cambridge, UK. The company focuses on developing optical layer connectivity software designed to manage and switch fiber-based optical networks. Polatis offers a range of products, including single- and multi-mode optical matrix switches, carrier optical monitor switches, and latching switches, aimed at enhancing the efficiency and performance of modern fiber networks.