SAVCA and EY release first video in "Excellence in Exits" series
EY and SAVCA presents the first in a six-part video series dedicated to the exits experiences of Southern African private equity fund managers.Professional services firm EY and the
South African Venture Capital and Private Equity Association (SAVCA) unveiled the first in a six-part video series dedicated to the exits experiences of Southern African private equity fund managers. The videos come at a time when many funds in the region are at a mature stage and are preparing portfolio companies for exits.
This first video is a collage of conversations with SAVCA members on exits and features private equity fund managers from several institutions such as The Abraaj Group, Ethos Private Equity, Horizon Equity Partners and Metier.
Clive Howell, Head of Nedbank Capital Private Equity, states that his group places an emphasis on preparation: "We like to target buyers that are going to place value on the business. We've seen that with people that have a compelling reason or rational, you get a much better price".
Five other videos will be unveiled in the coming months, with each featuring an in-depth discussion with a private equity practitioner.