Investment Intelligence

Capital deployment • Investor sentiment • Deal flow analysis • Funding pathways

Total

R12.4B

Capital Deployed

Since 2020

Active

67

Active Deals

In pipeline

Target

24%

Avg IRR Target

Industry benchmark

+42% YoY

42%

Deal Flow Growth

Accelerating momentum

Capital Deployment by Investment Type

Equity & Venture Capital

Deployed

Active Deals

28

Debt & Project Finance

Deployed

Active Deals

19

Blended Finance & Grants

Deployed

Active Deals

12

Infrastructure & Real Assets

Deployed

Active Deals

8

Investment Pipeline & Deal Flow

Early Discussion

124 deals • R18.4B total value

Conversion Rate

18%

Avg: R148M

Due Diligence

42 deals • R7.2B total value

Conversion Rate

45%

Avg: R171M

Term Sheet Issued

23 deals • R4.8B total value

Conversion Rate

72%

Avg: R209M

Final Documentation

14 deals • R3.1B total value

Conversion Rate

88%

Avg: R221M

Capital Allocation by Sector

Processing & Manufacturing

39% of total capital • +42% growth

R4.8B

Cultivation & Supply Chain

26% of total capital • +38% growth

R3.2B

Infrastructure & Logistics

19% of total capital • +28% growth

R2.4B

Technology & Innovation

10% of total capital • +56% growth

R1.2B

Market Development & Distribution

6% of total capital • +32% growth

R0.8B

Investor Sentiment Index

Overall Market Sentiment78%

84%

Processing

↗ Rising

76%

Cultivation

→ Stable

82%

Manufacturing

↗ Rising

88%

Export

↗ Rising

92%

Technology

↗ Rising

Exit Opportunities & Liquidity

Strategic Acquisition

5 opportunities identified

68% probability

Avg Multiple

8.2x EBITDA

Timeline

4-6 years

Secondary Sale

3 opportunities identified

54% probability

Avg Multiple

6.4x EBITDA

Timeline

3-5 years

IPO / Public Listing

2 opportunities identified

38% probability

Avg Multiple

12.8x EBITDA

Timeline

6-8 years

Management Buyout

2 opportunities identified

42% probability

Avg Multiple

5.6x EBITDA

Timeline

5-7 years

Available Funding Pathways

Government-Backed Facilities

SMME-registered
BEE compliant
Job creation targets

R8.4B

Typical Ticket Size

R50M-R200M

Terms

Concessional rates, 2-year grace

Development Finance Institutions

Impact metrics
Sustainability goals
Regional development

R12.8B

Typical Ticket Size

R100M-R500M

Terms

8-12% interest, 5-7 year tenor

Commercial Bank Lending

Financial track record
Asset security
Cash flow positive

R6.2B

Typical Ticket Size

R20M-R150M

Terms

Prime + 2-4%, standard terms

Private Equity / Venture Capital

Scalable model
Strong management
Market traction

R14.6B

Typical Ticket Size

R50M-R300M

Terms

Equity stake, board seat, 5-7 year horizon