Hlayisani Capital Has Managed To Secure R350 Million In Funding
Hlayisani Capital Has Managed To Secure R350 Million In Funding. Hlayisani Capital, a pre-eminent African private equity investment, has secured R350-million in funding led by Standard Bank and prominent South African family offices. “Finding growth in the current global economic climate is challenging, and not backing SMEs with the right investment is a missed opportunity. The Hlayisani Growth Fund offers investors a unique opportunity to gain exposure to the exciting entrepreneurial talent of Southern Africa. The fund provides much-needed strategic capital to a fragmented and underserviced regional SME ecosystem. Investment into the right SMEs unlocks significant investment value opportunity in globally exportable technology businesses.” Dr Eugene van Rensburg, a partner in Hlayisani Capital told Venture Burn.
The Hlayisani Growth Fund, which is currently open for commitments, is focused on mid-market, high-growth private equity investments in South Africa. Its investments focus on viable prospects in the agricultural, education, ICT, medical and manufacturing sectors that demonstrate out-of-the-ordinary deal flow and significant growth opportunities.
Hlayisani Capital has funded a reported R200-million collectively in award-winning businesses such as Snapplify, Gometro and Wyzetalk. Gys Kappers, co-founder and CEO of Wyzetalk told Venture Burn that, “The partners at Hlayisani are a phenomenal asset to our business. As a business leader, you’re often coming across new challenges and it is important to recognise that you may not have all the answers – but surrounding oneself with the right people who have the necessary skill sets is key to overcoming them. This is where the guidance, advice, and viewpoints from Hlayisani have been pivotal in helping me make more informed decisions. Their depth of knowledge and input around structure and strategy has been invaluable to myself, my team, and the overall growth of Wyzetalk.”
Wyzetalk is the leading digital employee engagement solution connecting large organisations with their dispersed, frontline workforce to improve communication, increase engagement and drive business performance. Whether their clients’ workforce is underground, at sea, in the field, on the floor, or even behind a computer, clients can create a tailored employee experience for them all by sending the right message to the right person at the right time on their personal mobile device.
Hlayisani Growth Fund brings together the expertise of experienced partners, existing assets under management, a strong deal pipeline and a diversified investment return approach, making it the ideal investment vehicle to leverage real growth opportunities on the continent.
