Partnering for growth. Who are we?
SummerPlace Equity Partners is a black female owned fund manager that invests in established, cash-generative medium sized South African businesses (with enterprise values of up to R200-million) in various sectors, that are led by experienced entrepreneurs, and exhibit strong growth potential.
Our private equity fund – the SummerPlace Equity Fund I – is a growth equity fund that invests in businesses that have reached an inflection point and need capital to scale already proven business models.
The fund addresses the funding gap for cheque sizes less than R50 million, by deploying equity capital of between R20 million and R50 million to businesses that struggle to access capital through traditional channels.
Charge Forward What we look for
- Growth potential / scalability
- Key consideration: “how can we grow it?”
- Quality of management teams
- Successful, capable entrepreneurs who are hungry for growth and are partnering with us to achieve more than they can on their own
- Understand their integrity, motivations and life philosophies, and how they have impacted company culture
- Financial health (including the macromarket, customer stability; historic y-o-y EBITDA growth; leverage ratio etc.)
- Sustainability (technology, customers, management, competitive advantages, market position (cash flow)
Profile of Targeted investments
- Established (more than 3yrs in operation)
- Cash-generative
- Owner-managed
- Growth capital required (growth capital is greater than replacement capital)
- Black-owned enterprises
- 75% of investment portfolio: black-owned enterprises
- 25% of investment portfolio: discretionary investments
- Preference will be given to high impact investments
Don’t Settle for Less Our investment philosophy
- Partner with portfolio companies and co-investors
- Focus on growth and accretive acquisitions
- Engage management teams to influence strategic direction while our business networks provide access to new markets
- Target investment opportunities with positive socio-economic development impacts
- Take a long-term approach to our investments
We invest in existing, scalable businesses with cash generation track records and attractive growth prospects, that are led by dynamic, experienced, management teams that have a deep understanding of their businesses and industry dynamics.
We actively collaborate with portfolio company management teams to add strategic value in our investments, as well as to influence and support the transformation agendas of our portfolio companies.
Charge Forward Our investment objectives
We aim to realise superior medium-to-long-term capital returns through significant minority positions of up to 50% from a portfolio of SME companies, by:
- Investing in and promoting growth within portfolio companies
- Facilitating access to markets by leveraging our extensive network of investor partners
- Facilitating transformation in the portfolio companies
- Promoting socially responsible and environmentally sustainable practices in our portfolio companies
Investment Portfolio
4PL Group is an integrated supply chain business offering end-to-end transport solutions via land air, and sea locally and internationally.
Recent South Africa business experience has demonstrated the weakness of internalised logistics function and shown that strong businesses need strong, specialized supply chain partners to leverage opportunities, benefit from economies of scale and align themselves for growth.
Read more about 4PL
Investment Portfolio
Established in 2006, Morgancoat is the only local, South African-owned manufacturer of self-adhesive material. Its product quality and service orientation, which is underpinned by the team’s professionalism and willingness to go the extra mile for their customers, is only one of the qualities which sets them apart.
The hands-on approach of the business means it can react quickly and provide their customers with tailormade, innovative label stock solutions without any corporate-type red-tape.
Read more about Morgancoat
