Our
Philosophy
Our investment philosophy is based on our belief in the power of the Ripple Effect spreading the impact and benefit of our investment and expertise.
Our
Mandate
We invest in Sub-Saharan Africa in a socially responsible way and generate superior returns for our investors.
Attributes
To select our collaborations, we assess a range of key attributes potential investee company may already possess or has the potential to achieve.
Our Philosophy
Our investment philosophy is predicated on our belief in the power of the Ripple Effect – a core feature of Salt Capital’s investment strategy. We embrace the principle that investing private capital in Africa cannot simply be driven by monetary returns, but it must also facilitate and reinforce the broader objectives of social responsibility, human development and good governance. We firmly believe, given the nature of the region, that investment returns and regional development need to work ‘hand-in-hand’.
We therefore invest in Sub-Saharan Africa in a socially responsible way and generate superior returns for our investors. Our investment approach has been honed over years from within the private equity, investment banking and M&A advisory industries, both in Sub-Saharan Africa and Europe, and our expertise covers the full spectrum of the private equity value chain, the equity and debt capital markets, credit structuring as well as operational experience.
Our diverse experience underpins the four key advantages of investing with Salt Capital
Collaboration
Our standout strength lies is our ability to build collaborative and impactful partnerships with the management teams of investee companies and other key stakeholders – a strength that underpins our strong performance to date.
Opportunity
identification
We identify companies that have a defensible market-leading position in their sector and region, or have the capability to become market leaders with a requirement for expansion capital.
Network
We use our extensive network among business owners, exceptional managers, industry experts and leading advisors to gain early access to high-quality opportunities and outstanding management teams.
Partnership
Mentality
We adopt an open and flexible “Partnership Approach” by backing strong management teams with proven ability, a comprehensive understanding of, and exceptional experience in, their relevant industry sectors.
BUILDING AND
GROWING COMPANIES
With the power of the Ripple Effect
Our Mandate
US$5 - 15
million deal size
Growth
capital
Geography
mainly SADC
Alignment to
our skills:
These businesses are typically owner-operated (family owned), entrepreneurial and generally welcome our input and contribution. We target a shareholding of between 26% to 65%, which we believe gives us a sufficient shareholding to exert an appropriate degree of influence
Less competition:
In an environment where there is generally less capital allocated to transactions in the SME space, in our experience there are a higher number of investment opportunities available with a need for growth capital
Relationship
driven:
We seldom participate in competitive processes, deal flow tends to be relationship driven and a strong network is essential
Growth capital:
Historically we invested the majority of our capital as growth or expansion capital, we will broadly continue with this strategy going forward
SADC is the key focus area of Salt Capital
An area of 16 member countries with a population of 350m people
Attributes
Strong & experienced management
Industry with high barriers to entry
Multiple areas to create or unlock value
Proven business model
Diversification
Willingness to embrace change
Aligned interest to realise maximum value
Defensive or strong market position
Predictable & growing cashflows
High growth sector
Scalable business model
Developmental angles