The members of Fairbridge Capital have advised on and been involved in the following transactions:
Fairbridge
Capital
arranged
an
investment
of
R135m
in
TrenStar,
a
leading
returnable
packaging
company,
comprising
R50m
of
senior
debt
from
RMB
Private
Bank
and
R85m
of
mezzanine
debt
from
Vantage
Risk
Capital.
The
transaction
was
concluded
in
December
2010.
Senior
Arranged
and
facilitated
the
funding
required
by
ODI
(Pty)
Ltd,
an
investment
holding
company
to
restructure
and
increase
its
equity
stake
in
Ndalo
Media
(Pty)
Ltd,
a
publishing
house,
from
Media24.
Equity
Provider
Debt
Arranger
Acquisition
by
Fairbridge
Capital
of
a
15%
interest
in
Ascot
Site
Solutions
(Pty)
Ltd.
Ascot
is
a
supplier
of
industrial
catering
equipment,
consumables
and
furniture
to
remote
and
mass
accommodation
sites
throughout
Africa.
Ascot’s
products
include
kitchen
equipment,
laundry
equipment,
hostel
and
office
furniture.
The
transaction
was
concluded
on
1
December
2009.
The
terms
of
the
transaction
remain
confidential.
Arranged and facilitated the funding required by a consortium led by the Geo Group of companies to acquire Culterra, a manufacturer of organic fertilizers, concrete paving and stepping stones and supplier of horticultural products and landscaping aids.
Funding of the acquisition of a 26% equity stake in TNS Research Surveys (Pty) Ltd by Kapela Investment Holdings (Pty) Ltd for an undisclosed amount.
Funding of the acquisition of a 26% equity stake in Leaf International Communications (Pty) Ltd by Kapela Investment Holdings (Pty) Ltd for an undisclosed amount.
Funding
of
the
acquisition
of
a
10.7%
equity
stake
in
Italtile
Limited
by
a
consortium
comprising
of
Aka
Capital
(Pty)
Ltd
and
Mafumbuka
Investment
Holdings
(Pty)
and
an
Italtile
BEE
Trust
Ltd
for
an
undisclosed
amount.
Acquisition by Blackstar and Management of 100% of Kulungile Metals Group via a leveraged buy-out.
KMG is a stockist, distributor and processor of carbon steel, stainless steel and aluminium.
Acquisition
by
KMG
of
100%
of
Global
Roofing
Solutions
for
a
cash
consideration
of
R190
million.
KMG
is
a
stockist
and
processor
of
carbon
steel,
stainless
steel
and
aluminium.
GRS
comprises
metal
roofing
manufacturers
Brownbuilt
Metal
Sections
and
HH
Robertson.
The
strategic
acquisition
represents
a
significant
step
in
KMG’s
strategy
to
build
a
substantial
group
in
steel
and
related
products,
with
a
view
to
a
JSE
listing.
Transaction
Arranger
and
Equity
Provider
Legal
Advisor
Acquisition
by
Molash
of
100%
of
The
Just
Fun
Group.
Just
Fun
is
a
group
of
companies
focused
on
the
exclusive
distribution
of
branded
consumer
goods
in
Southern
Africa.
These
brands
include
Barbie,
Spiderman,
Barney,
Thomas,
Seiko,
Trek
and
Under
Armour.
Funding
the
acquisition
of
100%
of
the
Lancaster
group
of
companies,
comprising
Lancaster
Quarries
(Pty)
Ltd,
Lancaster
Precast
(Pty)
Ltd,
Rodag
Holdings
(Pty)
Ltd,
and
Rodag
Properties
CC,
by
a
consortium
led
by
Andries
van
Heerden,
and
the
introduction
of
the
BEE
partner
Kwezi
Mining
(Pty)
Ltd.
This
consortium
subsequently
merged
with
Prima
Quarries
(Pty)
Ltd
to
form
Afrimat
Limited,
which
is
listed
on
the
JSE.
Provided
a
growth
and
expansion
facility
for
Matrix
Vehicle
Tracking
(Pty)
Ltd,
against
the
embedded
value
of
the
existing
customer
contract
base.
Matrix
Vehicle
Tracking
(Pty)
Ltd
has
subsequently
been
renamed
Mix
Telematics
Limited
which
is
listed
on
the
JSE.
A broad-based Black Economic Empowerment consortium led by Siyanda Resources (Pty) Limited and Aka Resources (Pty) Limited, in association with Investec Bank Limited and Coronation Capital Limited, has acquired the coal mining business of Koornfontein Mines from BHP Billiton.
Siyanda-Inkwali Resources (Pty) Ltd has, in association with De Beers Group Services (Pty) Ltd and the National Empowerment Fund Trust, acquired the Dense Media Separation Powders business from Samancor Limited, a company jointly owned by BHP Billiton plc (60%) and Anglo American plc (40%) for R235m.
