Investment Criteria
ACORN GENERAL FUND ONE
Targeted Companies
The fund invests in established family-owned or entrepreneurial businesses with an enterprise value of R20m - R200m and pre-tax profit of R5m - R50m at the time of investment.
Investment Size
The targeted investment size per transaction is R5m - R50m.
Stage of Investment
The fund focus on companies in the growth and expansion stage and will not invest in early stage or start-up companies.
Industries
The Fund is not restricted to any particular industry. It is however focussed on investments in food producing, utilities, healthcare, waste management, infrastructure development and engineering and aims to preclude capital intensive industries such as primary agriculture, mining and real estate.
Geography
The Fund focus on investments in countries in Southern Africa and mainly in South Africa.
ACORN VENTURE TECHNOLOGY FUND ONE
Targeted Companies
The fund invests in companies that have technology as one of their core attributes with an enterprise value of up to R200m and pre-tax profit of up to R50m at the time of investment.
Investment Size
The targeted investment size per transaction is up to R50m.
Stage of Investment
The fund focus on companies in the start-up, early stage, growth and expansion stage and up to 35% of the fund can be invested in venture capital opportunities.
Industries
The Fund is restricted to companies that have technology as one of their core attributes but no restriction applies to any particular industry. The energy industry is favoured.
Geography
The Fund focus on investments in countries in Southern Africa and mainly in South Africa.
CLIENT MANDATES
Acorn renders investment advice and corporate finance services for select clients whose mandates include the folowing:
Investment Size
The targeted investment size per transaction is R10m - R200m.
Targeted Companies
Established and profitable companies that derive a significant portion of their revenue from the agricultural sector or have products or services that appeals to the farming community. This includes companies that manufacture or distribute agricultural seed, fertiliser, feeds, implements, chemicals and steel as well as hardware, paint and wood.
Industries
Focus on primary and secondary agriculture (value chain).
Geography
Focus on investments in Southern Africa and mainly South Africa.
If you would like to submit an investment opportunity kindly email us at info@acornequity.com.