Sanlam Private Equity (SPE), a division of Sanlam Investments, has bought a controlling stake in SkipWaste, a waste management and service provider to commercial, industrial and retail clients, primarily in Gauteng.

The transaction is the fourth in SPE’s Mid-Market Fund I after investments in red-meat processor Cavalier Group, the Absolute Pets retail chain, and Q Link, a provider of payment application software to the SA insurance industry. The SPE Mid-Market Fund I is one of three impact-focused funds in the Sanlam Investors’ Legacy Range launched in 2020 to create and preserve 27,000 jobs while still delivering value for investors...

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