equity capital solutions
Westbrooke partners with South African entrepreneurs, family businesses and independent sponsors, providing equity capital solutions across the capital structure to support acquisitions, growth and shareholder value creation.
- overview
- investment solutions
- why westbrooke
- investment criteria
- transactions
-
overview
The Westbrooke Group has a strong, multi-decade private equity track record. We are a partnership driven investor, investing alongside entrepreneurs, families and independent private equity sponsors across the equity capital structure including preferred and direct equity to unlock growth and acquisition opportunities.
years
of investing
R bn
invested
R bn
assets under management
+
transactions
contact us
Brent Blankfield
brent@westbrooke.com
Jonti Osher
jonti@westbrooke.com
Eli Hodes
eli@westbrooke.com -
investment solutions
Westbrooke’s equity capital solution has been established to support entrepreneurs, family businesses and independent sponsors with equity solutions to grow their businesses. Through Westbrooke’s flexible investment mandate we provide solutions across the equity capital structure in a manner that meets your objectives and timelines.
Hybrid Capital 50% – 85% LTV Best suited for entrepreneurs, founders and family businesses seeking capital whilst retaining control Ranks in preference to ordinary equity Combination of debt together with upside participation and as such is less dilutive to ordinary equity holders Equity 80% – 100% LTV Invested alongside independent private equity sponsors and management seeking equity capital Sits alongside ordinary equity investors Outright or structured equity instrument Equity capital solutions have been used effectively across a range of situations, including:
Growth capital
Growth capital for organic expansion, acquisitions, capital expenditure and/or working capital investment.
Shareholder liquidity
Capital to pay large dividends to shareholders without selling the business.
Shareholder buy-outs
Shareholder buy-outs including the buy-out of a passive or retiring shareholders.
Balance sheet optimisation / debt reduction
Replace expensive debt with a flexible structure that frees up cash flow and creates a more robust balance sheet.
-
why westbrooke
We are a partnership driven investor, who moves with speed and is comfortable dealing with complexity. This, together with our multi-decade track record as an owner and operator of assets, allows us to better understand the needs of entrepreneurs and to see risk differently.
Partnership focused – We build long term partnerships that seek to support your growth and ambitions
Swift execution and decision making – We execute on transactions significantly quicker than the traditional capital providers, providing certainty of execution
We invest in businesses – We invest in quality businesses based on their value and prospects, not just against their balance sheet like traditional lenders
Mid-market and entrepreneur focused – With an entrepreneurial mindset and investment banking experience, we solve complex capital requirements
-
typical investment criteria
Westbrooke supports established, cash-generative South African businesses across sectors.
investment criteria investment characteristics Minimum investment R50 million Geography South Africa Minimum EBITDA R20 million - Strong management team
- Structurally advantaged business model driving strong free cash flows
- High gross profit margins, low costs and high EBITDA margins
- High cash return on assets managed
- Low capital intensity (capex and net working capital cycle)
We do not invest in start-ups, loss-making businesses, primary agriculture, primary mining, real estate developments or businesses with significant cyclical or commodity exposure.
-
transactions
