Stellenbosch-based investment house PSG Group has set some ambitious medium-term goals for two of its most promising private equity investments.At an AGM last week PSG chairman Jannie Mouton hinted that power management specialist Energy Partners and distance learning company Impak could be the group’s next big investment successes.He said there was a determination to build Energy Partners into SA’s largest private energy company with more than R10bn in assets and profit after tax of more than R500m within five to six years. He advised PSG shareholders to “watch this space”.Mouton said PSG — which is the anchor shareholder in fast-growing private schools group Curro Holdings — expected Impak to become the number one player in alternative education in SA. He pencilled in a medium-term target of 200,000 learners for Impak with a profit after tax estimate of more than R250m.PSG Private Equity, which has a collective value of R1.385bn, has mooted separate JSE listings for Energy Partner...
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