Ethos Private Equity
Ethos Private Equity, founded in 1984 and based in Illovo, South Africa, is a prominent private equity firm that has played a pioneering role in the South African market. With a focus on long-term investments, Ethos targets medium-to-large businesses across various sectors, including financial services, healthcare, agriculture, food, manufacturing, mining, information technology, telecommunications, electronics, retail, logistics, construction, and transportation. The firm has successfully invested in over 100 companies, leveraging extensive local networks and international reach to achieve consistent outperformance relative to the stock market. Ethos is independently owned and managed, ensuring that the interests of its investment professionals are aligned with those of its stakeholders. The firm is actively investing from its sixth fund, which represents one of the largest pools of third-party capital in Africa.
Past deals in Oman
Spinneys
Private Equity Round in 2019
Spinneys is a supermarket retailer operating in the United Arab Emirates, Oman, and Saudi Arabia, known for offering a wide variety of consumer goods, including bakery items, groceries, and fresh produce. The company, under the ownership of UAE national Mr. Ali Albwardy, has established a reputation for providing high-quality products and exceptional customer service. Food safety, freshness, and high standards are central to Spinneys' business philosophy, which is encapsulated in its branding as "The fresher experience." To enhance customer satisfaction, Spinneys actively monitors shopping trends and responds to customer feedback. Its stores feature in-house bakeries, butcheries, and delicatessens, ensuring a diverse selection of fresh products.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.