Risktrans Insurance Brokers, the largest independent trucking and public transport insurance specialists in South Africa, has raised R35m from the Fulcrum Group in order to fund its growth strategy. Dana Gordon-Davis of Novitas Capital Advisors, Risktrans’ advisors on the transaction, explained, “The challenge was to find a strategic investor able to [...]
LOOKING FORWARD TO 2016 Looking forward to 2016 – After a successful 2015, Novitas is looking forward to bringing some exciting new deals to the market in the New Year ABOUT NOVITAS • Corporate finance services & strategic advice to mid-sized private companies (USD 5 – USD 100 million). [...]
Spaceage Technologies is the leading provider of information technology outsourcing solutions to small and medium sized enterprise in the Western Cape. Novitas Successfully advised the shareholders and company on a majority sale to CyberLogic – August 2015 CyberLogic founder and chief executive Edge Bisset says the acquisition of a 70% stake [...]
Novitas advised Gatehouse Commercials (Pty) Ltd (Gatehouse) on its recent management buy-out (MBO) Gatehouse is one of the leading film and video production and facilitation companies in South Africa, working with leading international brands shooting TV commercials in South Africa. Novitas advised the company on restructuring its capitalisation table so that [...]
Pirum Systems Limited announces that Five Arrows Principal Investments, and Camwell Management LLP have agreed to acquire an interest in the Company Pirum Systems Limited (“Pirum” or “the Company”), the leading provider of post-trade market infrastructure technology for the securities finance industry, announces that Five Arrows Principal Investments, the mid-market [...]
Montic Dairy and Sonnendal Dairies, two major South African private label dairy processors, have recently finalized their much-awaited merger. The merger, facilitated by Novitas Capital Advisors, creates the Sontic Group with R 1 billion in turnover, 800 staff, state-of-the art processing facilities in Gauteng and the Western Cape, as well [...]
Novitas Capital Advisors co-arranges and advises Lombard Insurance Company on it’s ZAR 1 billion Domestic Medium Term Note Programme and the initial ZAR 200 million issue thereof. Novitas assisted the Lombard Group in raising debt capital, bolstering its capital base ahead of new SAM regulations. After an extensive business and regulatory [...]
LOOKING FORWARD TO 2015 After a successful 2014, Novitas is looking forward to bringing some exciting new deals to the market in the New Year NEWS & ANNOUNCEMENTS The Cape Town office is happy to announce that two new members joined our team in the past few months: CHRIS [...]
