Relevant Experience

A selection of Jutami’s key client experience includes advising:

•  Absa in relation to the formation of the African Rainbow Energy Fund Partnership, a private equity renewable-energy-investment-fund in partnership with African Rainbow Energy and Power;
• One Thousand and One Voices (Mauritius Limited) and CrossFin Technology Holdings Proprietary Limited in the acquisition of 100% of the shares in Sybrin Limited (Guernsey) and Sybrin Systems Proprietary Limited through a special purpose and 51% black owned vehicle from EOH Mthombo Proprietary Limited, a subsidiary of EOH Holdings Limited ;
• A consortium of lenders in relation to the establishment of and investment into the Khulasande Restructure GP Partnership, through the (A) Partnership (being one of four Partnerships established within the fund at);
• Trinitas Private Equity on their acquisition of the Avroy Shlain group and related restructuring matters;
• Sphere Holdings on their investment into the Endeavor Harvest Fund II;
• Ninety One on its appointment of Ethos Private Equity as advisor for Ninety One’s Africa Private Equity funds;
• Absa in relation to the formation of the African Rainbow Energy Fund Partnership, a private equity renewable-energy-investment-fund in partnership with African Rainbow Energy and Power;
• One Thousand and One Voices (Mauritius Limited) and CrossFin Technology Holdings Proprietary Limited in the acquisition of 100% of the shares in Sybrin Limited (Guernsey) and Sybrin Systems Proprietary Limited through a special purpose and 51% black owned vehicle from EOH Mthombo Proprietary Limited, a subsidiary of EOH Holdings Limited ;
• A consortium of lenders in relation to the establishment of and investment into the Khulasande Restructure GP Partnership, through the (A) Partnership (being one of four Partnerships established within the fund at);
• Trinitas Private Equity on their acquisition of the Avroy Shlain group and related restructuring matters;
• Sphere Holdings on their investment into the Endeavor Harvest Fund II;
• Ninety One on its appointment of Ethos Private Equity as advisor for Ninety One’s Africa Private Equity funds;
• On all aspects of private equity and venture capital, including fund formation and transactional advice to various clients, including, Rockwood, Ethos, Trinitas, SA SME, Capitalworks, Sphere, Phatisa, RMB Corvest, Nedbank, Absa, Sphere Investments, Khulise Investment Partners and RMB;
• On black owned funds and setting up black fund managers;
• Mergers and acquisitions, including local and cross border transactions;
• General corporate and commercial law; and
• Local and cross-jurisdictional due diligences.

A selection of transactions which Jutami has advised on includes advising:

• Ouranos, a Mauritian based company owned by the RSI Group, on its sale of a non-controlling stake in its African reinsurance businesses.
• The shareholders of Plush (including RMB Corvest) on the sale of their entire shareholding to Adcock Ingram.
• Alexander Forbes in relation to various of its divestment and acquisition transactions.
• Phatisa on its successful partial exit of Kanu Equipment Limited raising a further US$ 20 million of expansion capital to accelerate Kanu’s aggressive growth plan.
• RMB Corvest and Lereko on its acquisition of a minority stake in Andru Mining.
• Standard Chartered Private Equity and Development Capital Partners in relation to their sale of their majority stake in Kamoso Distribution (based in Botswana) to Investec Asset Management and RMB Ventures.
• Goldentree Asset Management LP, the majority shareholder in the Peermont Group, with regards to the restructuring and refinancing of the Peermont Group.
• Ethos on its direct investment into Primedia Holdings.
• A consortium consisting of Rand Merchant Bank and Nedbank on the acquisition of the Biosciences division of Ascendis Health Limited.
• Convergence Partners and Synergy Communications on the acquisition from Vodacom of various business units across Africa.
• Trinitas Private Equity on various of its investments and exists, including advising on the acquisition by a private equity fund and a family office of a limited partner stake of an existing substantial limited partner of the Trinitas Private Equity Partnership and the acquisition by Trinitas of a stake in Powertech Industries battery group.

Jutami’s recent upstream private equity experience includes advising:

• SA SME on the establishment of the SummerPlace Partnership.
• SummerPlace and SA SME in relation to a new fund with Rand Mutual Assurance.
• SA SME with the establishment of their new venture capital fund of funds.
• Ashburton in relation to the establishment of their funds and related matters.
• Sasfin in relation to its new private equity fund.
• Sphere Holdings on various new fund investments.
• Moshe Capital in relation to a new private equity fund.
• Ninety One on various investment and divestment transactions.

Experience highlights

A selection of transactions which Jutami has advised on includes:

• Advising Ouranos, a Mauritian based company owned by the RSI Group, on its sale of a non-controlling stake in its African reinsurance businesses.
• Advising the shareholders of Plush (including RMB Corvest) on the sale of their entire shareholding to Adcock Ingram.
• Counsel to Alexander Forbes in relation to various of its divestment and acquisition transactions.
• Advising Phatisa on its successful partial exit of Kanu Equipment Limited raising a further US$ 20 million of expansion capital to accelerate Kanu’s aggressive growth plan.
• Advising RMB Corvest and Lereko on its acquisition of a minority stake in Andru Mining.
• Advising Standard Chartered Private Equity and Development Capital Partners in relation to their sale of their majority stake in Kamoso Distribution (based in Botswana) to Investec Asset Management and RMB Ventures.
• Counsel to Goldentree Asset Management LP, the majority shareholder in the Peermont Group, with regards to the restructuring and refinancing of the Peermont Group.
• Advising Ethos on its direct investment into Primedia Holdings.
• Advising a consortium consisting of Rand Merchant Bank and Nedbank on the acquisition of the Biosciences division of Ascendis Health Limited.
• Counsel to Convergence Partners and Synergy Communications on the acquisition from Vodacom of various business units across Africa.
• Counsel to Trinitas Private Equity on various of its investments and exists, including advising on the acquisition by a private equity fund and a family office of a limited partner stake of an existing substantial limited partner of the Trinitas Private Equity Partnership and the acquisition by Trinitas of a stake in Powertech Industries battery group.