Tactus Capital – Tactus Capital

Going forward our aim is to become one of the largest Black owned M&A advisers in South Africa by continuously striving “above and beyond” to exceed our clients expectations by employing and nurturing the best Black M&A bankers in South Africa.

About Tactus Capital

Tactus Capital is a leading and independently managed corporate finance firm with exceptional track record.

We provide advice on mergers, acquisitions, equity and debt capital raisings, restructurings, BBBEE ownership transactions, India inbound M&A, China inbound M&A and valuations.

We have a presence in Johannesburg, Cape Town and Durban.

Since our formation, Tactus Capital has remained focused on the business of advising clients on complex and prominent transactions and with the objective of building a proud track record of closed transactions. We have also grown by recruiting senior bankers with proven experience and profound expertise in large M&A deal sizes and industry sector experience.

Our Competitive Advantages

The wisdom and quality of our people and our unrivalled commitment to delivering the best service to and exceptional outcomes for our clients, despite the inherent challenges, is what sets us apart – we offer immediate solutions to our clients complex financial problems and to the challenges they may be experiencing to successfully achieve their corporate strategy – consequently, many of our clients return to us for advice on numerous times.

Throughout our existence we have shaped Tactus Capital to deliver upon the following competitive advantages:

We are a specialist mid-market adviser with a blue chip client base

At Tactus Capital we have elected to position the company in a highly competitive market as a trusted and independent adviser with a mid-market focus, which we define as transaction values between R50 million and R3 billion in size.

Our clients include multinationals, listed companies, investment companies, family owned businesses, large private companies, state owned entities and high net worth individuals.

We employ a highly experienced and educated team

All directors and principals at Tactus are highly experienced and directly involved in the origination and execution of our mandates.

Our execution teams consist of individuals with strong corporate finance advisory experience that brings an exceptional degree of technical knowledge and market understanding to the mandate and are always at the cutting edge of best practice developments.

We only hire the best and most experienced talent ensuring that our clients receive the highest quality service. Our team qualifications include CA (SA) and MBA.

Our knowledge and insight on industry sectors contributes to successful deal closure

It is crucial to identify sector specific issues early on that could hinder the successful closure of a mandate.

Our team has a wealth of experience in the following sectors: automotive, industrials and manufacturing, information technology, healthcare, pharmaceuticals, power and energy, construction, education, banking and financial services, FMCG, agro-processing and mining services.

We always place our client’s needs first

We pride ourselves in offering our clients a highly dedicated and responsive service. Our “hands on” execution driven approach combined with working closely with our clients’ executive management team allows us to drive the timely and successful conclusion of a transaction.

Our unbiased approach to a mandate is not about earning excessive fees but rather closing a transaction that meets the client’s needs and expectations.

We remain uncompromising on the high quality of our work

Within Tactus Capital, we abide by rigorous quality standards and pride ourselves in the value of our advice and the quality of our work. We have incorporated a Board Advisory Committee comprised of highly experienced executives, whom were previously senior investment bankers and Directors of large corporates. This approach ensures strategic insight, expert advice and sector knowledge that helps us deliver a superior corporate finance advisory service.

We are highly proficient on BBBEE advice

Being Black owned we understand intimately the importance of BBBEE as a contributor to the transformation and growth of our economy. Our specialist BBBEE advisory team has advised on landmark transactions advising both the seller and the buyer and are able to advise on all aspects of the transaction in keeping with best practice and expected future trends. We have advised both BBBEE companies and companies seeking a BBBEE partner and believe that we are well positioned to assist our clients in successful BBBEE transaction execution and negotiation.

We choose to remain emerging markets focused

South Africa being part of BRICS and with the global interest of major corporates on investing in Africa, we have assembled an experienced team that could take care of your transaction needs in South Africa. We have the ability, capacity and experience to advise corporates from India and China on mergers and acquisitions, debt and equity raisings and partner identification in South Africa.

The Tactus global business network comprises relevant partnerships and relationships at senior levels within organisations throughout the world including eligible industry managers, major industry participants, investors and their advisers and bankers. This spans South Africa, India and China.

We are independent of finance

Tactus Capital is an independent, trusted adviser and while we have a vast network of institutional and private funders, we are not affiliated exclusively with any financial institution. This independence allows us to objectively advise our clients creating optimal outcomes that always have our clients’ best interests at heart.

Our Service Offerings

Mergers & Acquisitions

Tactus Capital offers a complete range of corporate finance services. Our distinguished client base includes multinational companies, large private companies, private equity, listed companies, BBBEE investment companies and State Owned Entities.

We are adept in advising on complex transactions, proactive on transaction ideas and innovative on transaction structures.

We have experience on the full M&A deal life cycle and advise on the following:

Mergers and acquisitions

We help clients evaluate potential acquisition or merger targets as well as assess financial and strategic alternatives.

We provide boards and management teams with independent advice that may assist them in guiding their final decisions.

We advise on strategy for the approach of the target company, expected synergies, the optimal transaction structure, valuation, financing alternatives and we assist in negotiating and closing the transaction.

Divestitures

We advise on the optimal sale structure to maximise value for the shareholders.

We identify and approach potential buyers and prepare the necessary marketing documentation.

We also advise on the valuation of the business and assist in negotiating and closing the transaction.

Company valuations

We conduct independent valuations for the purposes of an acquisition, divestiture or BBBEE ownership transaction.

Management buy outs

The motivation for a management buy‑out typically arises from the owner/s looking to retire and wanting to provide the current management team an opportunity to take part in the future growth of the business.

We advise management on raising finance, introducing private equity partners, valuation of the business and negotiating and closing the transaction.

Restructuring

We provide independent advice to assist our clients in addressing their most complex capital structure issues.

Our product offering includes:

Capital structure evaluation
Business plan review
Debt capacity and valuation analysis
Finance raising

Joint ventures and strategic alliances

We advise on all types of joint ventures, alliances and partnerships, including consortia and minority interests.

We help our clients find the right partner, structure and finance the right deal, avoid operational difficulties and manage partner relationships effectively, maximising value over the lifecycle until exit.

Negotiation support

We advise on negotiating strategy and lead the negotiation on your behalf for any corporate action that you may be facing.

Equity and Debt Capital Raisings

At Tactus Capital our deep knowledge of investment banking, credit risk assessment and credit risk mitigation structuring, positions us uniquely as an independent, trusted adviser with no exclusive relationship with any one institutional funder. We are thus able to source capital for our clients at the best possible rates and on the best possible terms.

We have raised debt and equity capital on favourable terms for our clients in the successful conclusion of transactions across a range of sectors and in some of the most difficult market conditions.

Our sources and access to capital include banks, sovereign funds, development finance institutions, private equity funds, asset managers, high net worth individuals and other non-traditional capital providers.

Our product offering includes:

Acquisition financing
Post-acquisition financing (working capital or capex expansion)
Refinancing / expansion capital
BBBEE ownership financing

Broad Based Black Economic Empowerment

As Black professionals who have progressed through the ranks in corporate South Africa, we are acutely aware of the impact of transformation in the general sense but more specifically on Broad Based Black Economic Empowerment (“BBBEE”) for transforming an economy and building a country.

We continue to be at the cutting edge of some of the most transformational and landmark BBBEE transactions in South Africa to date in capacities that range from adviser to principal for buyers and the sellers of assets. Our unique knowledge and skill in this complex often highly-charged environment can help you implement a sustainable BBBEE transaction as either a seller or a buyer of assets with measurable empowerment goals and targets.

Our product offering includes:

Identifying suitable BBBEE partners
Structuring the transaction
Valuing the interest for sale

Negotiating and closing the transaction

China/India inbound M&A

Our team has led the conclusion of key transactions in South Africa for some of the most prominent Indian and Chinese companies.

We understand the complexities of in-bound deal making and the factors required to successfully conclude an acquisition in South Africa or raising capital for your subsidiary company or your South African subsidiary that is seeking to conclude a BBBEE ownership transaction.

Sector expertise

Our team has sector expertise in the following industries:

Automotive
Industrials and manufacturing
Information technology
Healthcare
Pharmaceuticals
Power and energy
Construction
Education
Banking and financial services
FMCG
Agro-processing
Mining services