Born Free: Ethos Mid Market Fund I successfully closes first three investments
Ethos Mid Market Fund I successfully closes first three investments.
Within a month of our first closing, Ethos Mid Market Fund I concluded investments into three leading businesses:
- Autozone – the largest, privately-owned automotive parts aftermarket retailer and wholesaler in Southern Africa: 15% shareholding
- Eazi Access - Africa's market leader in the rental, sale and servicing of work-at-height and material handling solutions: 10% shareholding
- Twinsaver – No 1 tissue manufacturer in South Africa: 15% shareholding
Each are high-growth potential companies where we believe we can create sustainable value by actively optimising strategy, operations and capital structures in partnership with management.
Equally, our shareholding adds strategic empowerment credentials to each company, creating meaningful competitive advantage in their respective markets.
Ethos Mid Market Fund I heralds a new generation in South African private equity investing.
We represent a unique combination of proven institutional investing and value-adding insights, coupled with sustainable black economic empowerment solutions and transformational impact.