A total of 52 Private Equity/Venture Financing deals (pending and completed) were announced in the Technology, Media and Telecom of South Africa, in the last twelve months resulting in a total deal value of over $881.0 million. In the LTM period, November 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $279.4 million, resulting in an average deal value of $25.4 million during that month. On the other hand, the month of November 2021 was the most prolific in terms of deal volume, recording a total of 11 deals, resulting in an average deal value of $25.4 million during that month.
Of the 52 deals, the deal secured between Founders Fund; Partech Africa SLP; Ribbit Capital, L.P.; Sam Altman; Sequoia Heritage; Stripe Inc and Wave Mobile Money Inc, was the largest Private Equity/Venture Financing deal in the South Africa Technology, Media and Telecom sector, which was valued at $200.0 million and was completed on September 7, 2021. The second-largest deal was between Fidelity Management & Research Company; Kingsway Capital LLP; Visa Inc and Jumo World Ltd, while the third-largest deal was between Admaius Capital Partners; AfricInvest Group; Allan Gray Africa Equity Fund; AXA Investment Managers Ltd; CommerzVentures GmbH; Endeavor Catalyst; Equator Capital Partners LLC; Goodwell Investments BV; LUN Partners Group; Ulme BV; Vitruvian Partners LLP; Vlemeij BV and MFS Africa Ltd. The Fidelity Management & Research Company; Kingsway Capital LLP; Visa Inc-Jumo World Ltd deal and the Admaius Capital Partners; AfricInvest Group; Allan Gray Africa Equity Fund; AXA Investment Managers Ltd; CommerzVentures GmbH; Endeavor Catalyst; Equator Capital Partners LLC; Goodwell Investments BV; LUN Partners Group; Ulme BV; Vitruvian Partners LLP; Vlemeij BV-MFS Africa Ltd deal were valued at $120.0 million and $100.0 million, respectively. The fourth-largest deal was between AfricInvest Group; Allan Gray Africa Equity Fund; CommerzVentures GmbH; Endeavor Catalyst; Endeavor Global, Inc.; Goodwell Investments BV; LUN Partners Group; ShoreCap III LP-MFS Africa Ltd valued at $70.0 million, whereas the deal between 4Di Capital; Alameda Research; Avon Ventures; Bittrex; Cadenza Inc.; CMT Digital Ventures LLC; Coinbase Ventures; Distributed Global LLC; Fidelity Investments International; GSR Ventures; Pantera Capital Management LP; Third Prime Capital-VALR Pty Ltd valued at $50.0 million was the fifth-largest deal.
Cumulatively, the top five deals amounted to $540.0 million and accounted for nearly 61.30% of the total deals (by value) announced during the last twelve months.
United States of America
United States of America
United States of America
United States of America
South Korea
China
United States of America
United States of America
Germany
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer