Investment Criteria
The investment criteria of Espin Capital's investee companies are:
- South African companies making sustainable annual earnings above R50 million EBITDA (Private Equity Fund 1)
- Strong, experienced and correctly aligned management teams with proven operational track records
- Demonstrated market niche or leadership within a business' sector
- Good growth prospects
- Preference for equity stakes ranging from 26% to 51%
- Strong, experienced management teams with proven operational track records
The preferred investment sectors of Espin Capital include:
- Healthcare, Pharmaceuticals and Medical Devices
- Education
- Financial Services
- Industrials
- Retail and Consumer Services
- Consumer Goods
- Renewable Energy and Student Accommodation
Sectors that are excluded from Espin Capital's investment mandate are:
- Property Ventures
- Mining Ventures (will consider Mining Support Services)
- Primary Agriculture (will consider Agro-processing)
- Unproven Technological Ventures (Venture Capital)
- Start-Ups
- Turnarounds
