News Flow

Leading the way in safe pre-fabricated on-site accommodation
KWIKSPACE has been in the on-site accommodation business for almost 50 years and claims industry leadership in providing ‘Kwik’, high-quality accommodation solutions.
Kwikspace helps Kuruman hospital with Covid-19 clinic requirements
Kwikspace helps Kuruman hospital with Covid-19 clinic requirements
EnviroServ assists with dough waste solution
EnviroServ Waste Management works with enterprising farmers in KwaZulu-Natal, Gauteng and the Western Cape.
Coronavirus South Africa
On 31 December 2019, the World Health Organisation (WHO) reported a cluster of pneumonia cases in Wuhan CIty, China. 'Severe Acute Respiratory Syndrome Coronavirus 2' (SARS-Cov-2) was confirmed as...
Exits: Past, present and future considerations
While 2017 only saw a trickle of divestments, some private equity firms nevertheless managed impressive sell-offs during the period.
Kwikspace quick to rebuild burnt-down school
After the recent, devastating fires in Knysna, Kwikspace Modular Buildings undertook the project of assisting Woodridge College and Preparatory School.
Addressing South Africa's skills deficit
The South African bill of rights states that, “Everyone has the right to a basic education, including an adult basic education.” Education is essential for the transformation of South Africa’s society, providing individuals with the knowledge required to bring about social, economic and political change.
Rockwood’s exits earn IRR in excess of 23%
In pulling off two of South Africa’s largest historical private equity exits last year, Rockwood Private Equity achieved an aggregate internal rate of return that exceeded 23%, returning more than 6.5 times money. Both deals have now been completed, it was announced last week.
Rockwood closes exits of R9.4 billion and realises high returns
Rockwood Private Equity, established as an independent private equity firm in 2013, believes South Africa is a valuable investment destination and has successfully used its South African platform to grow into Africa.
Rockwood-led consortium sells Tsebo Group to Wendel S.E.
Rockwood Private Equity (“Rockwood”) is pleased to announce that it has entered into an agreement with Euronext-listed Wendel (MF.FP) regarding the sale of its interests in the Tsebo Group (“Tsebo”) for an attributable enterprise value of ZAR5.25 billion...
Rockwood and Thebe Exit Safripol
Rockwood Private Equity is pleased to announce the successful sale by Rockwood Fund I, Thebe Investment Corporation and management of Safripol to KAP Industrial Holdings ("KAP"), a Top 100 company listed on the Johannesburg Stock Exchange, for an equity value of 4 100 million.
Kap Industrial Holdings Limited - Acquisition By Kap Of Safripol Holdings Proprietary Limited
The board of directors of KAP announce that agreement has been reached between KAP and the shareholders of Safripol Holdings Proprietary Limited (“Safripol”), in terms of which a nominated wholly-owned subsidiary of KAP (the “Purchaser”) will, subject to the conditions precedent...
Tsebo in the news
Recent articles featuring Tsebo Outsourcing Group.
Announcement: Tsebo Outsourcing Group merges with Allterrain Services Incorporated
Rockwood plans to sell Tsebo Outsourcing Group Ltd.
Rockwood Private Equity (Pty) Ltd. plans to sell Tsebo Outsourcing Group Ltd. by the end of the year, which will mark its first disposal.
SAVCA Conference 2015
Trends in private equity in Southern Africa SAVCA interviews institutional investors at the LP Master-Class 2015 Audio: SAVCA interviewed by Classic FM, on the conference and the private equity industry
Kwikspace - In the news
Recent articles featuring Kwikspace
Kwikspace - New beginnings for an entire mining town
New beginnings for an entire mining town
Kwikspace - New paths of economic opportunity pave the way for growth in Southern Africa.
New paths of economic opportunity pave the way for growth in Southern Africa.
SAVCA Multimedia: Perspectives on Private Equity in Southern Africa
‘’SAVCA present their latest video, Private Equity in Southern Africa 2014, which draws together perspectives on the prospects for private equity in the region, from a range of seasoned private equity practitioners. Rockwood partner Gareth Druce participates in the this video.’’
Solid returns for South African private equity
The latest RisCura-SAVCA South African Private Equity Performance Report confirms that the private equity asset class in this market continues to deliver a sturdy performance. Data show that, over the ten years to the end of June 2014, private equity funds yielded an annualised rate of return of 18.6%, net of fees.
Rockwood launch event photos
Rockwood launch event photos
Investor Conference - 3 November 2014
The conference will provide an excellent opportunity to learn about Rockwood and its accomplishments. The Rockwood portfolio is expanding and gaining an increasing presence in Africa (including Mozambique, Namibia, Botswana, Nigeria...
Press Release: South African Private Equity Investors Confident in Attractiveness of Domestic Market
Johannesburg. South African private equity fund managers remain confident about the attractiveness of their home market, following two years of successful fundraising and a gradual pick-up in deal activity.
In a spin: Spin outs and secondary portfolio transactions following Rockwood
A significant trend in Europe and the US over the last few years is the development of a market for secondary portfolio transactions, being the whole or part sale of a portfolio of fund investments rather than an exit on an asset by asset basis.
Media Release: Barclays Africa Group disposes of its interest in Absa Capital Private Equity Fund I to funds managed by HarbourVest Partners L.P. and Coller Capital Limited
Barclays Africa Group disposes of its entire 73.37% limited partner and related interests in Absa Capital Private Equity Fund I