8 Acquisitions of Companies in South Africa

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in South Africa. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 8 acquisitions that took place in South Africa .

Age Technologies acquired by 4Sight Holdings

Details about the transaction:

Acquisition amount:

$5,840,003

Announcement:

23 October 2017

Details about the company:

Age Technologies is a specialist in SCADA development, PLC programming, and automation system integration in South Africa.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Industry:

Industrial Automation

Details about the buyer:

The mission of 4Sight Holdings is to provide insight in the fields of mobile communications and digital media.

Headquarter:

Ebène, Plaines Wilhems, Mauritius

Where to find them:

BluESP acquired by 4Sight Holdings

Details about the transaction:

Acquisition amount:

$4,016,587

Announcement:

20 October 2017

Details about the company:

BluESP specializes in providing customers with effective implementation of process and operations management solutions.

Headquarter:

Randburg, NA - South Africa, South Africa

Where to find them:

Industry:

Industrial Automation, Software

Details about the buyer:

The mission of 4Sight Holdings is to provide insight in the fields of mobile communications and digital media.

Headquarter:

Ebène, Plaines Wilhems, Mauritius

Where to find them:

Freshmark Systems (Pty) acquired by HelloChoice

Details about the transaction:

Acquisition amount:

$1,416,007

Announcement:

15 December 2022

Details about the company:

The leading provider of Information & Communications Technology (ICT) solutions is Freshmark Systems (FMS).

Headquarter:

East London, NA - South Africa, South Africa

Where to find them:

Industry:

Consulting, Information Services

Details about the buyer:

By directly linking Farmers and Buyers, HelloChoice is a digital trading and auction platform that is revolutionizing the agriculture economy.

Headquarter:

Pietermaritzburg, NA - South Africa, South Africa

Where to find them:

Picup Technologies acquired by Karooooo

Details about the transaction:

Acquisition amount:

$4,948,465

Announcement:

13 September 2021

Details about the company:

A technological startup called Picup specializes on last-mile deliveries.

Headquarter:

Cape Town, NA - South Africa, South Africa

Where to find them:

Industry:

Apps, Delivery Service, Logistics

Details about the buyer:

Karooooo creates software for managing a fleet of vehicles and offers real-time data analytics solutions for efficient transportation.

Headquarter:

Singapore, Central Region, Singapore

Where to find them:

Yuppiechef acquired by MR Price Group

Details about the transaction:

Acquisition amount:

$31,619,271

Announcement:

15 March 2021

Details about the company:

An internet retailer called Yuppiechef sells a variety of products, including food, drinks, spices, cookware, and appliances.

Headquarter:

Cape Town, NA - South Africa, South Africa

Where to find them:

Industry:

E-Commerce, Food and Beverage, Online Portals

Details about the buyer:

The MR Price Group consists of several apparel businesses.

Headquarter:

Durban, NA - South Africa, South Africa

Where to find them:

Etion Create acquired by Reunert

Details about the transaction:

Acquisition amount:

$11,839,087

Announcement:

3 October 2022

Details about the company:

A manufacturer of original designs is Etion Create.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Industry:

Electrical Distribution, Electronics, Manufacturing

Details about the buyer:

Reunert oversees a variety of companies in the information and communication technology and electrical engineering sectors.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Sorbet acquired by Clicks Group

Details about the transaction:

Acquisition amount:

$6,170,900

Announcement:

24 November 2022

Details about the company:

A network of beauty salons called Sorbet is in business.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Industry:

Beauty

Details about the buyer:

The healthcare, cosmetic, and leisure goods organization Clicks Group.

Headquarter:

Cape Town, NA - South Africa, South Africa

Where to find them:

Pearson South Africa acquired by Novus Holdings

Details about the transaction:

Acquisition amount:

$64,351,236

Announcement:

12 August 2022

Details about the company:

From early education through professional certification, Pearson South Africa offers educational services.

Headquarter:

Cape Town, NA - South Africa, South Africa

Where to find them:

Industry:

Education

Details about the buyer:

Market leader in the manufacturing and printing industries is Novus Holdings.

Headquarter:

Cape Town, NA - South Africa, South Africa

Where to find them: