To profit with purpose

The overarching mission is to profit with purpose by providing a specialised and experienced financing platform that will structure select investments to accelerate clean and sustainable energy infrastructure, energy and resource efficiency solutions (and related business models and services), and the supply chains that support them, which provide measured positive development outcomes for sub-Saharan Africa’s future.

EnviroServ Waste Management

EnviroServ is the largest waste management company in South Africa. Careful investigations into the waste sector in South Africa have determined that EnviroServ is not only the market leader from a revenue perspective but also from a clean technology leadership and a sustainable practice perspective. The business includes a wide palette of divisions and subsidiaries offering products and services designed to reduce waste to landfill.The backbone of EnviroServ’s operations is within hazardous waste management practise and it owns and operates five of the six private hazardous landfills in South Africa. Each landfill is licensed under NEMA and operates to the highest level of responsible landfill management.

Through this strategy, EnviroServ has emerged as the market leader in taking the initiative in redefining the way waste management is viewed by industries and customers utilising waste management sector services.  EnviroServ has formed long-term working relationships with their largest multi-national and corporate customers to create customer specific waste management solutions which reduce their customers waste to landfill by 20% per annum.

Evolution I exited EnviroServ in April 2013.

Fund Principals

Steven Faure
Wayne Keast

Fund:

Evolution I

Enterprise Value:

ZAR3 billion

Investment Amount:

ZAR51.584 million

Date of Deal Annoucement:

2010

Investment Year:

2010

Investment Partner:

ABSA Capital

Fund Principals

Steven Faure
Wayne Keast

Fund:

Evolution I

Enterprise Value:

ZAR3 billion

Investment Amount:

ZAR51.584 million

Date of Deal Annoucement:

2010

Investment Year:

2010

Investment Partner:

ABSA Capital

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