Trinitas is a black-empowered, independent private equity advisor,
formed as a joint venture amongst the principals, Sasfin Bank and
Peotona Group, to establish Trinitas Private Equity Fund. The principals
of the Fund are Andrew Hall, John Stipinovich and Soteris Theorides,
who have worked together as a private equity team since 2001.
The principals, Sasfin and Peotona bring
together the various elements of a leading private equity advisor,
ensuring access to proprietary deal flow. The Sasfin brand, value
investing track-record and history of good governance, coupled with the
principals' experience and successful history of sourcing, concluding
and realising investments as a team, together with the brand,
credibility and diverse network and reach of Peotona, culminated in
Trinitas.
Trinitas is a "diversified specialist" private equity fund, investing
across most industries with the exception of direct resources
(specifically mining and agriculture). Trinitas seeks to partner with
management teams to make equity investments in mid-market companies in
Southern Africa. The mid-market sector, broadly comprises companies
with enterprise values of R100 million to R1billion. These are
typically larger private companies and smaller listed companies. The
following are the Fund's key investment criteria:
-
investment type: management buy-outs and
buy-ins, replacement or acquisition capital investments,
expansion/growth capital investment
- companies with a history of profit and predictable cash flow
- companies which are either market leaders or significant players in their sector
- the Fund takes equity stakes which are
sufficient to offer significant influence over portfolio
companies
- typical equity investment by the Fund of between R50 million
to R150 million per transaction
- able to introduce BEE partners on a deal
by deal basis with the emphasis on bringing strategic value and
enhancing growth of the business
- investment horizon of 3-7 years
- predominantly South Africa geographical focus..."
http://www.trinitaspe.co.za/index.html