Treacle Private Equity TriVest is a leading provider of equity for growth capital financing, middle market corporate acquisitions and recapitalisations. From its onset, TriVest has gained a large demand for capital in the early stage sector in Southern Africa, where innovative early-stage and start-up companies often lack the financial, managerial, and network resources for expansion and growth.
The company supports their portfolio companies via three pillars namely; funding, resources, and networks, thereby becoming a core strategic growth partner to them. TriVest is a member of the South African Private Equity and Venture Capital Association (SAVCA) and upholds the industry’s good practice and valuation principles.
Treacle Private Equity TriVest
TriVest prefers to invest in quality small to medium sized companies, which possess or promise strong and defendable market positions in growing or fragmented industries. TriVest’s primary focus is to invest in businesses which require capital for internal expansion, retaining management, and providing strategic, organisational and network resources. The company co-invests with company management and pursues transactions which are supported by the management and Boards of Directors of the investee companies.
They aim to become the preferred sponsor of small to middle market acquisitions. Their mission is to build a track-record of proven closing capabilities and the ability to profitably grow acquired businesses in line with management.
TriVest also provides equity for and organises the acquisition of privately-held or smaller public companies, as well as subsidiaries or divisions of larger business enterprises. The management team of the acquired entity will typically have a relevant investment and a performance-based compensation plan.
The company pursues investment opportunities based in South Africa, but with the potential to achieve scale through expansion within Africa.
| Types of TriVest transactions include:
• Management buy-outs; • Growth, expansion and acquisition finance; • Recapitalisation and restructuring of balance sheets; • Development capital for emerging companies; • Replacement of shareholders; and • Black Economic Empowerment transactions. After investment, the company focuses on delivering superior service to investments by providing ongoing strategic marketing input, general business guidance, financial and structuring advice, access to an expansive business network and assistance with employment equity implementation. The investment bracket is between R10 million – R92 million. |
TriVest focuses primarily on three industries namely Healthcare (including Biotechnology), Renewable Energies, and Security. They select businesses with a strong market position and that can be protected from new or unexpected competition.
Successful acquisition and growth financing candidates usually possess the following characteristics:
• Talented and committed management team;
• Strong and defendable market positions;
• Scalability;
• A product line with extended life cycles and low obsolescence risk; and
• Sustainable and above average operating profit margins (over 25% in Retail and Manufacturing and over 50% in Services).
Contact us – for more information on funding through Treacle Private Equity TriVest.