Vumela’s 3rd fund is seeking majority black-owned businesses with turnover of less than R50m that operate in the FirstRand supply chain
INVESTMENT SIZE & HORIZON
R300k to 5m | 0 – 6 months
R300k to 5m | 0 – 6 months
SIZE AND STAGE OF BUSINESSES
Rev: R0-R50m
Very early to late growth stag
PURPOSE OF FINANCE
Purchase order finance
BEE/TRANSFORMATION
Must be >51% Black-Owned
SUPPLY CHAIN ALIGNMENT
Must be a direct supplier to another company (B2B or B2B2C business model)
SECTOR
No mandatory sector requirements
DEAL STRUCTURE
Loan with profit share
INVESTMENT SIZE & HORIZON
R1m to R10m | 3 – 5 years
R1m to R10m | 3 – 5 years
SIZE AND STAGE OF BUSINESSES
Rev: R5 – 50m | Early stage growth phase Strong preference for businesses with supplier contracts
PURPOSE OF FINANCE
Capex strongly preferred. Working capital or Opex, provided there can be some form of surety
BEE/TRANSFORMATION
Must be >51% Black-Owned
SUPPLY CHAIN ALIGNMENT
Must be a direct supplier to another company (B2B or B2B2C business model)
SECTOR
No mandatory sector requirements
DEAL STRUCTURE
Debt
INVESTMENT SIZE & HORIZON
R10m to R30m | 5 years
R10m to R30m | 5 years
SIZE AND STAGE OF BUSINESSES
Rev: >R20m | Mature businesses seeking transformation for further growth
PURPOSE OF FINANCE
Shareholder buy-outs
BEE/TRANSFORMATION
Must be >51% Black-Owned post investment. Vumela equity is BEE
SUPPLY CHAIN ALIGNMENT
Must be a direct supplier to another company (B2B or B2B2C business model)
SECTOR
No mandatory sector requirements
DEAL STRUCTURE
Equity
INVESTMENT SIZE & HORIZON
R10m to R40m | 5 – 6 years
R10m to R40m | 5 – 6 years
SIZE AND STAGE OF BUSINESSES
Rev: >=R5mn | Preference for businesses that are cash flow positive, profitable or approaching profitability
PURPOSE OF FINANCE
Capex, working capital or opex with a small proportion going to shareholder buy-outs
BEE/TRANSFORMATION
Must be >51% Black-Owned post investment. Vumela equity is BEE
SUPPLY CHAIN ALIGNMENT
Must be a direct supplier to another company (B2B or B2B2C business model)
SECTOR
Focus areas: Education, Healthcare, Digital Inclusion, Green Economy
DEAL STRUCTURE
Equity