Ndavara seeks established businesses where long-term ownership, appropriate capital and strategic support can create meaningful additional value.

We do not pursue investments simply because a company is available for sale.

Every opportunity must demonstrate a compelling combination of business quality, financial sustainability, management capability and long-term potential.

INVESTMENT STRATEGY

Preferred Investment Profile

Geography

Our primary focus is South Africa.

We will selectively consider opportunities across Southern Africa where the business, regulatory environment and transaction structure are attractive.

Profitability

We favour profitable, cash-generative companies.

Our preferred businesses generally produce:

R25 million or more in sustainable EBITDA

although exceptional opportunities outside this range may be considered.

Enterprise Value

Our principal acquisition range is approximately:

R100 million to R500 million

Larger opportunities may be considered alongside appropriate institutional capital partners.

Ownership

We generally favour:

• Majority acquisitions

• Controlling investments

• Management-supported buyouts

• Selected influential minority investments

• Phased acquisitions

Business Stage

We prefer established companies rather than early-stage start-ups.

Typical targets will have:

• At least five years of operating history

• Demonstrated revenue

• Sustainable profitability

• Established customers

• Proven products or services

• Existing management capability

Transaction Types

Founder Succession

Supporting entrepreneurs who want to realise value while ensuring continuity for employees, customers and management.

Retirement Transactions

Acquiring businesses from founders or shareholders planning to step away from day-to-day involvement.

Majority Acquisitions

Acquiring control while enabling existing shareholders to retain a meaningful minority interest where appropriate.

Partial Exits

Providing shareholders with liquidity without requiring an immediate complete exit.

Management Buyouts

Working alongside capable existing management teams seeking to acquire ownership of the businesses they operate.

Management-Supported Acquisitions

Acquiring businesses while retaining and incentivising high-quality existing management.

Growth Acquisitions

Providing ownership capital and strategic support to established companies with significant expansion opportunities.

Buy-and-Build

Using a strong platform business as the foundation for additional strategic acquisitions.

Ndavara considers a variety of transaction structures.

Flexible Transaction Structuring

Where appropriate, Ndavara is open to structures involving:

• Seller rollover equity

• Vendor finance

• Deferred consideration

• Earn-outs

• Management ownership

• Senior debt

• Mezzanine finance

• Institutional co-investment

The appropriate structure depends on the business, seller objectives, cash flow, valuation and long-term strategy.

Not every business transition requires a 100% cash sale on completion.

Have a Business or Investment Opportunity?

Whether you are considering selling a business, seeking a succession partner, advising a shareholder or exploring a strategic investment opportunity, we welcome confidential discussions.

South Africa

20 West Road South Morningside, Sandton

WhatsApp: +27760268250

Australia

70 Allingham Street Kuraby QLD Australia

WhatsApp: +61403448889

Contact Us

info@ndavara.com