As a reflection the generalist nature of the Southern African private equity industry, by value, most of the deal activity was centred on late-stage assets in financial services, retail, infrastructure and manufacturing.

Overall, the value of investment activity during 2015 reached R10.5 billion (2014: R13.9 billion), of which R4.4 billion was for follow-on investments and R6.1 billion for new investments.

Find out more in this years KPMG SAVCA Private Equity Survey