SOUTH AFRICA – Medu Capital, investment management company, has acquired 25.1% in Weir Minerals South Africa (SA), a mineral solutions provider, in a step of an ongoing transformation journey. Medu Capital operates as an investment management company. Investors Various local and international institutions have invested in Medu Capital’s private equity funds. Medu Capital has since its inception raised over R2 billion of capital for investment. Copper Tubing Africa is a manufacturer and supplier of copper tubing and related accessory products to the plumbing and industrial sectors. The firm makes investment across various sectors including basic industries, consumer goods, services, information technology, general industrials and … Private equity company, Medu Capital, has acquired a 15% stake in Hero Telecoms (HeroTel) for R74.25 million. In Secutel, Medu Capital is forging a partnership with the two entrepreneurs, Carel Brink and Danny Pringle who founded the business in 2006. They focus on companies operating in the fields basic industries, consumer goods, services, information technology, general industries, financial services and resources sectors of the economy. In a similar transaction, Medu Capital, a B-BBEE private equity firm, acquired the remaining 73% of Elite Truck Hire in 2015 to bring its total ownership to 100%. Secutel provides security technologies and services to the banking, telecommunications and retail industries. License number 40187. Adviser to the shareholders of Baby City on the disposal of Baby City to Dis-Chem (This announcement appears as a matter of record only) December 2019. 37 of 2002). All e-mails from the system will be sent to this address. Medu IV, established in 2020, is open for new investments. In February 2010, after a very successful partnership with Medu Capital, these partners decided to exit as shareholders from the Group, as was their pre-emptive right. Medu Capital is invested alongside the management team. Universal Paints is a manufacturer and supplier of decorative paint and coatings through dedicated “Universal Paints” stores. Medu Capital is invested alongside management and founders of the company. Medu Capital is a well-established investment house run by entrepreneurs like us, who have paid for their shares in cash. Its principal activities include sourcing and evaluation of investment opportunities, execution of investments, active involvement and realisation of investments. They focus on companies operating in the fields basic industries, consumer goods, services, information technology, general industries, financial services and resources sectors of the economy. Erbacon also concluded a share subscription agreement on 21 September 2009 with Medu Capital (Pty) Limited (Medu Capital), on behalf of its funds under management, in terms of which Medu Capital was allotted 67 410 000 fully paid-up convertible redeemable and participating preference shares at an issue price of R1,68 per preference share. Medu Capital’s executives have successfully partnered with many entrepreneurs to build businesses in diverse sectors. Investment Director B Com, B Com (Hons) Accounting, CA (SA) Paul joined Value Capital Partners in October 2017. License number 40187. Medu Capital is invested alongside the management team. Copyright © 2020 Medu Capital. Medu Capital has partnered with the founders of the company. Founded in 1996, Connemara Consulting provides training and human capital development services to large employer organisations. The company also supplies drill steel and drill bits. 37 of 2002). Through the partnership, Medu will play an Medu Capital is invested alongside the holding company, SNC-Lavalin headquartered in Canada. Medu Capital has partnered with the founders of the insurance brokers. Our roots grow deeper into financial services investments. With funds under management of over R1.6 billion, Medu Capital partners established Two Medu Capital executives, Nhlanganiso Mkwanazi and Sandile Buthelezi have joined Secutel's board of directors. Weir Minerals South Africa is a subsidiary of Weir Group PLC, a global leader in the provision of mill circuit technology, slurry handling equipment and services, and ground engaging tools to the natural resources markets. Shareholder proposal Recently, some investors have also used shareholder proposals to address more fundamental changes to corporate strategy (e.g., break up the company, sell certain assets, return capital to shareholders, or retain an advisor to evaluate alternative ways to increase shareholder value). Two Medu Capital executives, Nhlanganiso Mkwanazi and Sandile Buthelezi have joined Secutel’s board of directors. This includes pension funds, private equity Fund of Funds, endowments and development finance institutions located in South Africa, Europe and US. Prior to joining VCP, Paul was a Principal at Medu Capital, a leading mid-market private equity firm, where he spent 8 years as a deal executive responsible for deal sourcing, deal execution and portfolio management. VO Connect is a connectivity and cloud services provider, offering solutions from small to large companies that are scalable, secure and offer carrier-class reliability. The key management teams of the portfolio companies are supported and encouraged to be significant shareholders in the business. Medu Capital is proud to have established Medu Development Fund Trust which now owns 26% of Vergenoeg Mining Company. Medu Capital initially partnered with the founding family and later acquired a controlling interest when the founding family exited the business in 2014. 37 of 2002). Medu Capital has since its inception raised over R2 billion of capital for investment. Medu Capital is invested alongside KSB Group, a global leader in pumps and valves. Medu Capital received $65m in financing for its third fund, which will invest in small and mid-market companies based in South Africa. Medu Capital, with more than R1.5bn under management, partners with established businesses that require equity risk capital or empowerment partners. Medu Capital has established the following private equity investment funds: Medu I, closed in 2003, had capital commitments of approximately R300 million and is fully invested and realised; Medu II, closed in 2008, had capital commitments of approximately R900 million and is fully invested and realised; Medu III, closed in 2014, has capital commitments of approximately R1.2 billion, is fully invested; and. Medu Capital is a professional investment management company, strategically positioned as a specialised private equity company with a sound and disciplined investment philosophy and process.