Westbrooke announces R750m investment in South African businesses
Asset management company Westbrooke has invested more than R750-million in three South African founder-led and family-owned entrepreneurial businesses.
The first investment was to form a partnership with the founder of an equipment rental business who wanted to realise partial liquidity while retaining operational involvement and securing the capital needed to support the company’s continued organic and acquisitive growth.
Westbrooke's second investment was in a family-owned distributor and retailer, which allowed the retailer to pursue further organic and acquisitive growth opportunities while maintaining management control and significant ownership.
The third investment was to form a partnership with a founder-owned real estate investment group to buy and build a portfolio of mid-market industrial real estate in the Western Cape.
The common thread across these investments is the quality of the businesses and their leadership, says Westbrooke investment executive Brent Blankfield.
“Our investment reflects our confidence in South African businesses. We continue to support founder-led and family-owned businesses with experienced management teams, strong positions in their markets and clear organic and acquisitive growth plans.
“We are actively seeking investments in this sector of the market,” he adds.
South African businesses have spent the past several years navigating economic uncertainty and infrastructure constraints. Many have emerged with stronger, more resilient operating models.
Owing to the increasing political stability and improving growth prospects, founders and family owners are increasingly confident that the time is right to pursue delayed growth and acquisitions and succession planning solutions.
This is driving demand for investment partners who structure bespoke transactions that support growth while preserving founder control or involvement and management continuity, adds Blankfield.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Projects
Latest Multimedia
Latest News
Showroom
Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers
VISIT SHOWROOM
Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
