How entrepreneurs can unlock the value of private equity for their businesses
RMB Corvest proves how entrepreneurs and private equity players can work well together
RMB Corvest is a leading local player in private equity. The company invests in well-managed, medium-sized businesses across South Africa and sub-Saharan Africa. “We typically look for entrepreneurial assets with a proven performance record,” says Mike Donaldson, CEO of RMB Corvest. Like entrepreneurs, private equity operates in the higher-risk investment arena. “Neither entrepreneurs nor private-equity players are satisfied with mediocre performance or with average returns,” says Donaldson. “Both would rather carry risk for superior returns – and both have the foresight to perceive high yield potential.” Shared values Entrepreneurs are required not only to back their own vision, but also to innovate in the marketplace – where this level of engagement demands the ability to coolly make difficult choices. “By their very nature, entrepreneurs are not scared to challenge the hegemonies of major blue-chip corporations or established industry,” says Martin Coetzee, director at RMB Corves...
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