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The Sasfin Specialised Lending team provided acquisition finance (R25 million) to one of the largest microfinanciers in South Africa to subscribe for a minority shareholding in an early stage fintech business.

As part of our integrated service offering, we assisted our client with M&A advice, including valuation of the target and deal structuring, ensuring a seamless execution of the transaction.

This funding was provided to an existing client of Sasfin in addition to its current growth capital facility, which has been increased by R30 million, taking the total exposure to the client to R100 million.

 

To find out how our Specialised Lending team can help you grow your business click here. 

About the Author

Paul Pretorius
Head: Specialised Lending, Business and Commercial Banking