Andrew Hunt of Marlow Capital facilitated a panel discussion at the 2009 South African Private Equity Congress held in Cape Town on the Mid Market. Some of the key conclusions from the discussion included
mid-market private equity remains very much open in South Africa
bank finance is available for mid-market transactions
there is a greater ability to add value to mid-market companies; and
the need for black economic empowerment can often be a catalyst for transactions in mid-market companies
In summary sentiment may be dampened but South Africa remains well placed to offer superior returns.