The shortlist has been unveiled for the prestigious Annual DealMakers Awards, naming the acquisition of Compuscan by Actis one of the top Private Equity deals of 2014. This announcement follows a rigorous nomination process whereby DealMakers corporate finance magazine names the most impressive investment deals of the past year.

“We receive this shortlisting with great satisfaction, as the Actis Compuscan deal has been a landmark transaction in our books,” says Director Frank Lenisa.

Pan-emerging markets investor, Actis, acquired Compuscan Holdings (Compuscan, Scoresharp and Compuscan Academy) when it purchased a 60% stake in the business in June 2014. Since the acquisition, the CSH group has also welcomed South African marketing provider, P:Cubed, to the CSH family.

DealMakers is a quarterly corporate financial journal that tracks and reports on mergers and acquisitions, focusing on all M&A transactions undertaken by JSE-listed companies.

The Catalyst Private Equity Deal of 2014 award is sponsored by Catalyst magazine, one of DealMakers’ sister publications. Since its first edition on 2005, Catalyst has grown to become a respected independent publication that is supported by the SA Venture Capital & Private Equity Association (SAVCA). This niche publication is aimed at the growing private equity and venture capital industry and is edited by Michael Avery.

“Given that, according to the World Bank (Financial Inclusion in Africa report of 2014), roughly three quarters of African adults do not have a formal bank account – combined with the phenomenal technological growth in the banking market – it is understandable that other parts of the financial services value chain have been firmly in the sites of private equity players for some time,” says Avery.

Past winners of this prize include Rand Merchant Bank (for Bluff Meat in 2013), Pembani Remgro, Carlyle Group and Standard Chartered (for Export Trading Group in 2012), Actis (for Tracker in 2011) and Capitau (for Foodcorp in 2010).

“The Actis Compuscan deal represents a clear understanding of the latent potential in this market and combines the experience of one of South Africa’s foremost digital banking pioneers in the form of Michael Jordaan, with the pan-emerging expertise of Actis and the proven management skills of Compuscan,” says Avery.

An independent panel of judges will be meeting during the last week of January to consider the shortlist and vote for the overall winners, who will be announced at the 15th Annual Gala Award Banquet to be held on 17 February in Sandton, Johannesburg.

At the event, DealMakers will unveil 6 big awards that also include the JSE Deal of the Year, Individual DealMaker of the Year and awards for investment advisors (by transaction value and flow).

The other shortlisted deals in the Private Equity category for 2014 are:

  • Actis’ investment in Tekkie Town (42.5% acquisition)
  • The sale by Vantage Capital in Ghanian Surfline Communications
  • The acquisition by RMB Ventures and Bopa Morup of stakes in One Digital Media
  • The sale by Ethos of its stake in Tiger Automotive

 

The other awards’ shortlists are:

The Deal of the Year for 2014

  • Disposal by Standard Bank of a 60% stake in Standard Bank Plc to The Industrial and Commercial Bank of China
  • Acquisition by Exxaro Resources of TCSA and its related export marketing rights under primary Richards Bay Coal Terminal from Total Coal South Africa
  • Acquisition by Growthpoint Properties of Acucap Properties
  • Acquisition by Vodacom of Neotel
  • Northam Platinum BEE deal
  • Acquisition by Steinhoff of Pepkor
  • Acquisition by Sun International of 44,2% and 10,5% stakes in Monticello Grand Casino & Entertainment World
  • Merger of SABMiller, The Coca-Cola Company and Gutsche Family Investments : Coca-Cola Beverages Africa
  • Acquisition by Woolworths of David Jones

Individual DealMaker of the Year nominees for 2014

  • Cobus Human (One Capital)
  • Paul Bondi (Rothschild)
  • Christo Els (Webber Wentzel)
  • Clive Potter (Standard Bank)

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