Westbrooke is pleased to announce the successful completion of a R95 million acquisition and growth facility for ZDFin. The funding will enable ZDFin to accelerate its next phase of growth, capitalize on its strong market position, and solidify its reputation as a leading provider of financing solutions for residential schemes, primarily sectional title bodies corporate and Home Owners’ Associations across South Africa.
Leveraging its expertise in supporting entrepreneur-led businesses, Westbrooke structured a bespoke solution that facilitated both an acquisition as well as provided additional capital for ZDFin’s organic growth.
Commenting on the transaction, Brent Blankfield of Westbrooke said:
“The flexibility and scale of our capital allowed us to create a solution tailored to ZDFin’s growth ambitions. At Westbrooke, we are committed to supporting entrepreneurs, and we’re thrilled to partner with Michael and the ZDFin team as they embark on this exciting new chapter.”
Michael Schaefer, CEO of ZDFin, added:
“This acquisition and the growth opportunities it unlocks are transformational for our business. We are grateful for Westbrooke’s solution driven approach that will allow us to continue to support our clients.”
Since 2021, Westbrooke has provided over R3.2 billion across 95+ investments, empowering South African entrepreneurs and mid-market companies through its private debt and hybrid capital solutions.
Click here to learn more about our Capital Solutions for South African entrepreneurs and mid-market companies.
