History of Ethos Private Equity
Ethos was founded in 1984 and is a leading South African private equity firm.
Ethos’ long-term success is due to an exceptional set of competencies developed over this period. Each capability has been individually refined and collectively combined to underpin our investment approach. This ethos has borne a time-proven yet flexible strategy, tailored to investing within the South African market.
Through pioneering thought leadership, creativity, and innovation, Ethos has evolved and established new standards in the South African market.
This unique history has inspired a distinctive approach and driven our impressive success.
Ethos represents a unique combination of skill, innovation and stability. This heritage includes 104 acquisitions: 91 of which have been successfully realised to date.
Highlights of our track record:
Ethos completes first buyout as a division of First National Bank ("FNB")
Ethos becomes a semi-captive and raises first third-party fund comprising company, institutional investments and FNB.
Ethos completes first public-to-private deal in South Africa
Ethos raises South Africa's first international private equity fund
Ethos becomes independent, with FNB retaining a minority interest
Ethos rated as the Number One private equity firm in South Africa in the reputable PricewaterhouseCoopers Strategic Banking Survey
Ethos raises largest private equity fund in Africa to date
Ethos acquires FNB minority interest and becomes wholly owned
Consistently ranked as leading PE firm in South Africa in the PWC Strategic Banking Survey since 2000
First acquisition for Fund VI.
Fund VI US$800m (R7bn) successfully raised.