We are extremely proud of what we accomplished in 2017. In many ways it was a breakthrough year for Novitas Capital Advisors.
We successfully concluded four deals over the past year with a combined transaction value of R1.1 billion. With an average deal size of R280 million, Novitas Capital Advisors firmly established its credentials as a mid-market adviser in the R100 million – R1 billion range.
Advising Spark ATM Systems (FinTech) on their sale to the Nasdaq-listed Cardtronics, and FoxP2 (Advertising) on their sale to Nikkei-listed Dentsu Aegis, we reinforced our cross-border M&A credentials and demonstrated that we can successfully close deals with large listed counterparties globally. Closer to home, we’re extremely proud of the work we did advising Cyberlogic (IT Services) on its transaction with Stellar Capital-backed IEIT, and Cruises International (Travel & Leisure) on its sale to Bidvest.
Regardless of the industry sector, location of the parties or type of transaction, we pride ourselves on understanding our clients’ unique value drivers, sourcing the most appropriate buyers or investors globally, and then negotiating a deal that provides our clients with full value and the counter-party with a fair transaction that meets their needs.
We wish you a relaxing and restorative festive season and wish you every success and happiness for 2018.
In addition to grooming several companies for sale in 2018 and 2019, we closed the following transactions:
- Spark’s innovative operating and technology platform is ideally suited to operate profitably in emerging markets.
- Houston based Cardtronics is the largest non-bank deployer of ATMs in the world, dominating the developed American, European and Asian markets.
- With Spark, Cardtronics now has a platform to continue growing as it penetrates Africa and other emerging markets.
- FOXP2, one of SA’s top creative agencies, needed the right partner to preserve its creative culture.
- Dentsu Aegis needed a creative agency to complete its digital, media and communication offering.
- Together the two now have what it takes to compete effectively with the top global advertising networks.
LOOKING AHEAD TO 2018
Building on our successes of 2017, we’re looking forward to an even more successful 2018.
Currently we’re at an advanced stage of closing a cross-border sale of a South African software company to a listed buyer in the UK, and doing an international private equity capital raise for a UK-based software provider. In addition, we’re working on some very exciting deals in the digital education and travel & leisure sectors here in South Africa. We look forward to sharing updates on these exciting deals as we head into 2018.
As always, we continue to stay focused and committed to all our clients and look forward to adding value to their businesses in which ever capacity we serve them.
Personal service, financial expertise and 100% commitment are the hallmarks of our services offering.
Novitas is a full service corporate finance firm that brings together a wealth of industry, advisory and transaction expertise to provide a best-in-class offering to our clients to help them exceed their value creation goals.
We love nothing more than helping our clients achieve and exceed their expectations. Whether you’re looking to sell, merge or conclude any type of corporate financial transaction we’d be delighted to hear from you.
A boutique, full service corporate finance firm.