Sanlam Private Equity buys controlling stake in SkipWaste
Sanlam’s BEE credentials set to make target company the largest majority black-owned integrated waste management provider in SA
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.