Legacy Africa Fund Managers

Private Equity

We support companies in the mid-market through the buy out of existing shareholders and introducing of black shareholders to drive growth and by funding businesses that are looking for expansion and growth capital.

Legacy Africa
Capital Partners

Legacy Africa Capital Partners was founded in September 2018 as a subsidiary of Legacy Africa Fund Managers. Legacy Africa Fund Managers has a 60% shareholding in the business.

The remaining 40% is owned by the firm’s private equity management team.

 

Investment
Focus

Legacy Africa Capital Partners Fund I primary focus is on investments in medium sized unlisted companies that offer a value proposition that can be crystallized in the medium term (5 to 7 years).

Private
Equity

Legacy Africa Capital Partners is a private equity firm that believes passionately in the growth potential of small and medium enterprises in South Africa.

We believe this is an incredible opportunity to step into the funding gap, providing capital to entrepreneurial, unlisted companies who represent a capacity for significant and untapped deal flow.

We support companies in the mid-market through the buy-out of existing shareholders and introducing of black shareholders to drive growth and by funding businesses that are looking for expansion and growth capital.

Investment
Strategy

Our investment strategy is to focus on high growth businesses in niche markets, with emphasis on providing replacement and expansion capital to dynamic owners and leadership teams.

Investment Criteria

Replacement CapitalGrowth Equity
Minimum Investment R30m – R80m R20m – R80m
Minimum *EBITDA R25 million R15 million
Willing To Syndicate Yes Yes
Geographical Preference South Africa Only South Africa Only
Excluded Industries
  • Primary Agriculture
  • Primary Mining
  • Real Estate
  • Primary Agriculture
  • Primary Mining
  • Real Estate
Stage Of Investment Mature, Late-stage Early-stage
Excluded Businesses
  • Turn-arounds
  • Startups
  • Mature-stage
  • Turn-arounds
  • Startups

* A company’s earnings before interest, taxes, depreciation, and amortization.