South Africa: Edge Growth invests in TSK Interiors

The Vumela Fund, established by FNB Business and Edge Growth, announced a new investment in TSK Interiors, one of South Africa’s leading commercial interior fit out and construction companies.

The funding is expected to help unlock additional liquidity to allow TSK Interiors to capitalise on larger and more resource-intensive opportunities in the market.

TSK Interiors is an interior construction company in Johannesburg that specialises in building, shop-fitting, construction management, tenant installations, and furniture relocations.

“TSK has demonstrated resilience backed by strong performance in a construction sector that has historically seen negative growth since the 2010 World Cup. The strength of its management has proven that TSK is capable to continue to deliver quality services to its new and existing customers as economic recovery continues,” says lead deal maker at Edge Growth, Hitesh Dullabh.

“This facility has come at a critical moment, and we at TSK are extremely pleased to be able to expand our continental presence and to upgrade our CIDB,” said Thuso Koboyatau, TSK Interiors’ CEO. “We hope to create more jobs at a time when our people need it most. We are excited to continue investing in our communities and give back by providing employment and business opportunities that allow people to build successful lives.”

“FNB remains deeply committed to transformation and the growth of SMEs. Through our Supplier Development initiatives, we are able to assist businesses such as TSK by providing access to growth capital, unlocking additional business value, and most importantly, enabling them to create jobs in the economy,” said Heather Lowe, head of SME development at FNB Business.

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