RMB Capitalworks
Status
ACTIVE
Global HQ
Chicago, United States
Countries of investment
- United States
- Canada
Investment stages
- Seed
- Series A
Industries
- Fintech
- Enterprise Software
About
RMB Capitalworks is the on-balance sheet private equity business of Rand Merchant Bank. The firm partners with established mid-market businesses across Africa, providing long-term capital and strategic support to drive growth. They focus on acquiring significant minority or majority stakes in well-managed companies.
RMB Capitalworks is the on-balance sheet private equity business of Rand Merchant Bank. The firm partners with established mid-market businesses across Africa, providing long-term capital and strategic support to drive growth. They focus on acquiring significant minority or majority stakes in well-managed companies.
Investment Thesis
RMB Capitalworks is a private equity firm focusing on mid-market businesses in South Africa and the broader African continent. They act as a long-term partner, typically taking significant minority or majority equity stakes in established, well-managed companies with strong management teams and clear growth strategies. Their unique approach involves providing not just capital, but also strategic, operational, and financial support to help their portfolio companies achieve their full potential. They are sector-agnostic but focus on businesses with a defensible market position.
Manager's Experience
The leadership team possesses extensive experience in private equity and investment banking, with several key members having over 20 years in the industry. The founder, Richard Burridge, Jr., has over 40 years of experience, including a significant tenure as a Managing Director at Morgan Stanley before co-founding RMB Capital. Other partners bring senior-level experience from firms like CHS Capital and Goldman Sachs, providing deep expertise in sourcing, executing, and managing investments.
Team
Darryn Esmort - Head of RMB Capitalworks
Tshego Sefolo - Chairman
Eutychus Mbuthia - Principal
J P Fourie - Principal
Johnny Maharaj - Principal
Lungile Mdluli - Principal
Sherwin Jagdev - Principal
Tafadzwa Mautsa - Principal
Portfolio
Kamoso
Universal Industries
Thesis
Metier
RMB Corvest
Minet
Vumatel