Five South African private capital transactions

We highlight five South African investments, as featured in our Dealmaker’s Log.

Johannesburg, South Africa

---

We highlight five South African investments over the past 12 months, as featured in our Dealmaker’s Log, a database of reported investment deals, exits, and fundraising milestones. View the latest issue here

1. Investor consortium backs Vertice MedTech

Amethis, Proparco, ccap.ai and management have completed their investment in Vertice MedTech Holdings. Founded in 2018 by a management group led by Hendri Pretorius in partnership with Ethos Private Equity, Vertice has established itself as an independent distributor of specialised medical devices and a provider of healthcare software and mobile healthcare solutions in Southern Africa.

2. Kholo Capital and Tensai Private Equity support Isambane Mining MBO

The Kholo Capital Mezzanine Debt Fund I and Tensai Private Equity have announced the provision of R275 million (about $16.4 million) in mezzanine debt funding to support the management buy-out of Isambane Mining, a mid-tier mining contractor in South Africa. Isambane delivers opencast mining services, including drilling, blasting, loading, hauling, rehabilitation and day-work services to blue-chip mining clients.

3. Harith moves to buy South African low-cost airline FlySafair

Harith and its affiliates have entered into a sale and purchase agreement to acquire FlySafair, a South African low-cost airline. The transaction remains subject to customary regulatory approvals, including approval by the Competition Commission and relevant aviation authorities. Founded in 2006, Harith is a Johannesburg-based pan-African investment firm with over $3 billion in assets under management.

4. Ata Capital in logistics deal

Ata Fund III, managed by Ata Capital, has completed the acquisition of Booksite, a specialist third-party logistics and warehousing provider serving South Africa’s publishing and book sectors. Booksite offers a full suite of value-added services from order processing, customer services and warehousing to distribution, credit management, and collections, all from a strategically located facility in Cape Town.

5. AIIM expands cold chain platform

African Infrastructure Investment Managers (AIIM) has acquired a 70% stake in Port Elizabeth Cold Storage through its temperature-controlled logistics platform, Commercial Cold Holdings. The investment is funded by AIIM’s African Infrastructure Investment Fund 4 and the IDEAS Managed Fund.

Access the latest Dealmaker’s Log May 2026 below: