debt and equity

NAV and Equity backed funding solutions

Flexible and innovative capital solutions for entrepreneurs, private investors, investment holding companies, sponsors and private equity that holds a single / portfolio of underlying investment/s and are seeking to raise capital against the equity value of these investments.

The solution can be underpinned by liquid and/or illiquid non-traditional bank funded assets and be provided against single asset exposure and/or a portfolio of assets. This can include unlisted private company shares or investments in funds or other private market assets. 

Typical transactions include:

Growth

• Acquisitions opportunities
• Capital investment for existing portfolio investments
• Portfolio expansion
• Working capital and liquidity funding in the holding company / fund

Shareholder

• Existing shareholder exit
• Share repurchase or dividend recapitalisations
• Refinance of existing debt or shareholder loans
• Buy-out of private equity
• Management buy-out or buy-ins
• De-listing
• Capital for empowerment transactions

Specialty finance and asset-backed funding solutions

Flexible and innovative asset-backed capital solutions, across the capital stack provided to South African speciality finance companies and medium sized business.

The solution is underpinned by either financial assets, such as lending books, receivable books, invoices, other contractual cash flows or moveable assets such as stock, equipment and machinery, vehicle fleets.

Benefits:

• Growth capital provided against the current asset base to unlock further growth for the business
• Diversification and institutionalising funding sources
• Ability to use existing financial or moveable assets as security to unlock growth
• More flexible and less dilutionary than raising equity
• Can be provided across the capital stack including senior, mezzanine and preferred equity.
• The capital provided allows the shareholders and management to retain control of their asset/s and lending criteria

Typical transactions include:

• Book and advances growth facilities
• Acquisition facilities
• Refinance of capital stack

Cash flow and event-driven

Flexible and innovative capital solutions for entrepreneurs, private investors, investment holding companies and private equity sponsors that are looking for purpose driven capital. This is typically to fund acquisitions or provide additional growth capital into the business as well as balance sheet restructures, minority shareholder buy-outs or to facilitate the realise capital to investors through a dividend.

Growth

• Acquisitions opportunities
• Capital investment for existing portfolio investments
• Portfolio expansion
• Working capital and liquidity funding in the holding company / fund

Shareholder

• Existing shareholder exit
• Share repurchase or dividend recapitalisations
• Refinance of existing debt or shareholder loans
• Buy-out of private equity
• Management buy-out or buy-ins
• Capital for empowerment transactions