Medu Capital is a Johannesburg-based investment management company specializing in private equity, founded in 2003. With a focus on sourcing and evaluating investment opportunities, the firm actively engages in the execution and realization of its investments. Managing over R1.6 billion in funds, Medu Capital partners with established businesses that require equity risk capital and Black Economic Empowerment (BEE) partners. The company operates with a flat corporate structure that facilitates quicker decision-making and streamlined deal execution. Its investment portfolio spans various sectors, including healthcare, transport and logistics, manufacturing, retail, education, and training. Owned and managed by Black South Africans, Medu Capital adheres to strong BEE principles, positioning itself to leverage opportunities arising from South Africa's growing economy and socio-economic changes. The experienced executive team at Medu Capital is dedicated to sourcing and concluding investments, further enhancing the company's competitive edge in the private equity landscape.
OPTRON is a distributor of advanced positioning solutions that cater to various industries, including agriculture, construction, geospatial, transportation, and logistics. The company offers a comprehensive range of positioning technology products, including global positioning systems, laser, optical, and inertial products, along with the latest application software and wireless communication technologies. OPTRON also provides ongoing hardware support, such as maintenance, repair, and calibration services. By supplying these advanced tools, OPTRON aims to enhance user productivity and overall profitability, effectively transforming work processes. The company operates primarily in sub-Saharan Africa, utilizing a select network of resellers and agents to deliver its products and support services.
Secutel Technologies
Private Equity Round in 2020
Secutel Technologies specializes in physical security solutions aimed at mitigating risks for enterprises across various sectors, including banking, telecommunications, and retail. The company offers a range of advanced security technologies and systems that enhance access control through mobile authentication, intruder detection, and surveillance, particularly around ATMs. Additionally, Secutel provides cloud-based solutions, facial recognition capabilities, and tools for workforce tracking and management. By implementing these systems, Secutel assists businesses in safeguarding their valuable assets and cash, ultimately promoting a more secure operational environment.
The Weir Group
Private Equity Round in 2020
The Weir Group is an engineering company that specializes in providing equipment and services for the mining and oil and gas sectors. Founded in 1871 and headquartered in Fort Worth, Texas, the company focuses on enabling the efficient extraction and transportation of essential raw materials. Weir Minerals, a key division, offers tailored processing solutions to the mining industry, including classification, separation, crushing, and grinding equipment, along with advanced wear lining materials that protect valuable assets. The Oil & Gas division supports various operations, including drilling and production, by providing a comprehensive range of products and services designed for challenging environments. The Weir Group's technology enhances productivity, safety, and sustainability across its markets, ultimately contributing to effective resource management and operational efficiency.
The Jacana Group
Private Equity Round in 2019
Jacana Group is a network of brokers that offers insurance and risk management solutions to its clients.
HeroTel
Private Equity Round in 2017
HeroTel is a company focused on consolidating the Wireless Internet Service Provider (WISP) market in South Africa, aiming to connect individuals and businesses to high-speed wireless internet. By offering a range of services that include fiber, wire, and voice over internet protocol (VoIP) products, HeroTel provides users with access to fast and affordable internet solutions. The company's mission is to enhance internet connectivity for South Africans, ensuring that more people can benefit from reliable and efficient internet services.
Elite Truck Hire
Acquisition in 2016
Elite Truck Hire is a leading truck rental company in South Africa, specializing in both short and long-term truck hire along with full maintenance leasing services. The company caters to various sectors, including cosmetics, chemicals, construction, and motor manufacturing, providing tailored transportation solutions to meet diverse client needs. In addition to truck hire, Elite Truck Hire offers vehicle support services and the option for clients to enhance their brand visibility through vehicle branding. The Elite Group also operates Elite Line Haul, which provides long-distance transport services across South Africa and into neighboring countries such as Zimbabwe, Zambia, and Mozambique. Furthermore, Elite Forklift Rentals expands their offerings with a range of forklift trucks available for both full maintenance leasing and short-term rentals.
Thoroughtec Simulation
Private Equity Round in 2014
ThoroughTec Simulation (Pty) Ltd. specializes in designing and developing high-fidelity equipment simulators for the mining, military, and construction industries. The company provides advanced mining simulators for both surface and underground operations under the CYBERMINE brand. Additionally, it offers military simulators to armed forces globally through the CYBERWAR brand and construction simulators, including bulldozers, graders, and excavators under the CYBERQUIP brand. Founded in 1998 and headquartered in Durban, South Africa, ThoroughTec has expanded its presence with offices in key global locations, including Moscow, Perth, Ontario, Salt Lake City, Santiago, and Shanghai. The company focuses on delivering tailored simulator solutions that meet the specific training needs of its clients across various sectors.
Van Schaik Bookstore
Acquisition in 2013
Van Schaik Bookstore is a bookstore chain with stores located in South Africa.
AtkinsRéalis
Post in 2013
Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin's approximately 40,000 employees provide EPC and EPCM services to clients in a variety of industry sectors, including oil and gas, mining and metallurgy, environment and water, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions. SNC-Lavalin maintains exceptionally high standards for health and safety, ethics and compliance and environmental protection, and is committed to delivering quality projects on budget and on schedule to the complete satisfaction of its clients.
Wekaba Engineering
Acquisition in 2012
Wekaba Engineering is a manufacturing company that specializes in producing machined components for various industries, including automotive, rail, hydraulics, and mining. The company offers a range of products such as suspension components, bushings, machined elements, hose fittings, and pre-stressing anchor components. By focusing on innovation and efficiency, Wekaba Engineering enables its clients to obtain standard components in diverse geometries while optimizing product costs.
Industrial Water Cooling
Acquisition in 2011
IWC (Pty) Ltd., originally founded in 1986 as Industrial Water Cooling, specialises in evaporative water cooling and premium, energy-efficient cooling and refrigeration solutions for buildings and industry. IWC are the leaders in industrial cooling tower systems in Africa, offering fully integrated solutions, from industrial cooling towers to building cooling and refrigeration. For nearly two decades IWC have successfully undertaken more than 80% of all natural draft refurbishment work in southern Africa. Clients include heavyweights such as Eskom, Sasol, ArcelorMittal and Foskor. IWC are a long-standing member of the CTI, Cooling Technology Institute, based in the USA. This association has as its members both constructors as well as end users of water cooling towers. The company focus at IWC is based on high quality (ISO 9001-2000 accredited company) and excellent service standards, while maintaining a competitive price structure. IWC’s experienced and knowledgeable staff provides researched, personalised solutions that suit any project size or budget. The company stands for service that is innovative and responsive and always delivers locally relevant, environmentally-considered cooling solutions.
KSB
Private Equity Round in 2011
KSB Limited is a manufacturer and seller of power-driven pumps and industrial valves, operating both in India and internationally. The company is structured into three primary segments: Pumps, Valves, and Others. The Pumps segment focuses on the production and trade of various types of pumps, including industrial, submersible, and effluent treatment pumps, alongside providing related spare parts and services. The Valves segment specializes in industrial valves and their associated services, while the Others segment is involved in the manufacturing and sale of castings. Founded in 1960 and headquartered in Pune, India, KSB Limited was previously known as KSB Pumps Limited before rebranding in June 2018. The company's products find applications across various sectors, including industry, building services, water and wastewater engineering, energy supply, and mining.
Erbacon Investment
Acquisition in 2009
Erbacon Investment Holdings Limited is a South African company based in Sandton that specializes in heavy civil engineering construction and commercial and industrial building services. Established in 1987, the company provides a wide range of civil engineering services, including the construction of reservoirs, roads, bridges, sewage and water treatment plants, and electricity generating facilities. Erbacon also offers surface and underground mining services, which encompass ground support, rock anchor installation, and the development of mining infrastructure such as process plants and cooling towers. Additionally, the company engages in the design and construction of industrial projects and township developments. Its expertise extends to various sectors, including fertilizer, petrochemical, and food processing industries, as well as power stations. Erbacon provides comprehensive concrete repair services and participates in the general construction of commercial buildings and rural shopping centers, ensuring clients receive effective and reliable infrastructure solutions.
Vergenoeg Mining Company
Private Equity Round in 2009
Vergenoeg Mining Company is South Africa’s largest producer of fluorspar.
Kawari Wholesaler
Private Equity Round in 2009
Kawari Wholesaler is a pharmaceutical wholesaler which supplies medicines to retail and courier pharmacies.
Medipost Pharmacy
Private Equity Round in 2009
Medipost Pharmacy operates as a courier pharmacy in South Africa, specializing in the delivery of chronic medication and other healthcare products to its members. Founded in 1991 and based in Pretoria, the company recognized a significant need for regular medication delivery among its customers. Today, Medipost is the first national pharmacy in South Africa, dispensing approximately 660,000 prescriptions monthly. The pharmacy provides competitive dispensing fees and ensures customer satisfaction by delivering the correct medications to the appropriate addresses on time. Medipost's services include a dedicated call center capable of handling inquiries in all 11 official languages, as well as specialized facilities for oncology, renal, and medication management. This comprehensive approach allows Medipost to maintain a reliable and efficient service nationwide, focusing on the needs of its customers while adhering to strict standards for quality and accountability.
South African Roll Company
Private Equity Round in 2008
South African Roll Company is a manufacturer of rolls used in steel manufacturing industry.
Copper Tubing Africa
Acquisition in 2008
Copper Tubing Africa (CTA) is one of the copper tube manufacturers in sub-Saharan Africa. With experience stretching back as far as the 80s, we have built extensive technical knowledge that support us in maintaining high quality levels in the production process. We have built a reputation in the industry for manufacturing the highest grade copper tubing for use in domestic, refrigeration, industrial and medical applications. Armed with expert knowledge and a line-up of fit-for-purpose copper tube manufacturing machines, CTA is able to maintain high quality standards. In 2014, the business changed ownership. This new era for CTA brought on a fresh approach and renewed drive to push the boundaries of innovation. With that being said, seasoned staff members were kept on board in recognition of their invaluable knowledge, experience and expertise. Copper Tubing Africa is an ISO 9001 registered company, reflecting our uncompromising approach to quality. We are also a proud carrier of the SABS mark of approval on our Domestic Plumbing Tubing and Medical Grade range.
Shaw Controls
Private Equity Round in 2007
Shaw Controls is a prominent manufacturer based in Johannesburg, South Africa, specializing in custom-designed low to medium voltage electrical products. The company produces a range of items, including motor control centers, distribution boards, PLC panels, control desks, and portable substations. Shaw Controls is known for its expertise in creating electrical control panels tailored to various applications, ensuring that clients receive products that meet their specific needs.
Connemara
Private Equity Round in 2007
Provider of training and human capital development services committed to growing a sense of purpose people gain from the work they do. The company specializes in offering people development through a systematic approach and scalability as well as designing and delivering integrated, blended learning methods to develop habits and change behavior, thereby enabling employer organizations to receive enhanced capacity, insight and clarity of purpose that motivates their employees.
Elite Truck Hire
Private Equity Round in 2007
Elite Truck Hire is a leading truck rental company in South Africa, specializing in both short and long-term truck hire along with full maintenance leasing services. The company caters to various sectors, including cosmetics, chemicals, construction, and motor manufacturing, providing tailored transportation solutions to meet diverse client needs. In addition to truck hire, Elite Truck Hire offers vehicle support services and the option for clients to enhance their brand visibility through vehicle branding. The Elite Group also operates Elite Line Haul, which provides long-distance transport services across South Africa and into neighboring countries such as Zimbabwe, Zambia, and Mozambique. Furthermore, Elite Forklift Rentals expands their offerings with a range of forklift trucks available for both full maintenance leasing and short-term rentals.
Industrial Cable Suppliers
Private Equity Round in 2006
Industrial Cable Suppliers is a distributor specializing in low, medium, and high-voltage cables and electric wire products. The company serves a variety of sectors, including mining, construction, electrical contracting, and electrical wholesalers. By offering a comprehensive range of power cables, including XLPE and instrumentation cables, Industrial Cable Suppliers caters to the diverse needs of its clients, ensuring that they receive suitable products tailored to their specific requirements.
ICAS World
Private Equity Round in 2006
ICAS World is a provider of employee assistance programs, health and well-being services, and critical incident support.
NCS Resins
Private Equity Round in 2005
NCS Resins (Pty) Ltd operates under a technology license agreement with Reichhold (there’s that fish again) to manufacture the Norpol, Polylite, Hydrex and Dion brands, as well as continuing with our own technology. A complete package of ancillary products, accessories and processing equipment is also distributed locally and internationally. These include a wide range of peroxide catalysts, glassfiber reinforcements (NCS distributes Owens Corning products and is their representative in SA), and release agents. With a keen eye always poised on long term sustainable growth and service excellence to our customers and suppliers alike – and with an eye on dying all the grey hair - NCS Resins has undergone a facelift to realign our corporate image with the changing times of today. Rebranding our production facilities and our branches nationally has been no easy feat but in true NCS spirit, we resin heads banded together and got the job done in spectacular fashion. With a move towards social media mobilization, we took the nip tuck to our website and online media presences as well. Revamping our .com page and creating footprints on all social networking sites has been quite a propeller for the company and has allowed not only staff direct access to management, but our customers now have the freedom to discuss technical issues with our qualified technical teams in an open and live forum. Always conscious of our environmental footprint, our product managers are ever searching for green innovations and as in their nature, they’ve hit the nail on the head! Look out for new product innovations on our “Brag List” links posted on the home page. At-prime and Ultra-tough are two new resins that are sure to rock the industry and force all players to rethink how they approach resin.
Pepkor Holdings
Private Equity Round in 2004
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.
ZEST WEG Group
Private Equity Round in 2004
Zest WEG Group is a prominent supplier of electric motors, variable speed drives, soft starters, switchgear, transformers, and diesel generators in Africa. As a subsidiary of Brazil's WEG, the company specializes in low and medium voltage solutions and offers comprehensive energy solutions tailored for various sectors, including agriculture, mining, oil and gas, and sugar and ethanol industries. Zest WEG Group provides a range of products, including power generation equipment and electrical engineering services, effectively supporting clients with both pre- and post-sales assistance. With a well-established network of branches and distributors across the continent, the company ensures efficient supply and distribution of its products and services, reinforcing its commitment to delivering end-to-end energy solutions.
Ampaglas Holdings
Private Equity Round in 2004
Ampaglas Holdings is manufactures and markets a range of industrial plastic products to the automotive, refrigeration.
Capital Outsourcing Group
Acquisition in 2004
Capital Outsourcing Group provides temporary and permanent employment services in South Africa.
VitalAire S.A
Private Equity Round in 2004
VitalAire S.A is a nationwide provider of respiratory care services and products for patients.
Capital Outsourcing Group
Private Equity Round in 2004
Capital Outsourcing Group provides temporary and permanent employment services in South Africa.
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