Unlisted Companies

Sentiv, a provider of mission-critical communications and intelligent technology solutions previously known as Altron Nexus, has acquired a majority stake in Visiosoft. Visiosoft is a local technology company specialising in internet of things (IOT) hardware and data-driven solutions. The partnership will enable Visiosoft to scale its solutions more rapidly, leveraging Sentiv’s market presence, partner ecosystem and infrastructure capabilities. Financial details were undisclosed.

Providere JV, a vehicle established by the management consortium of Isambane Mining, successfully concluded the buyout of the company. Isambane is a mid-tier mining contractor in South Africa delivering opencast mining services, including drilling, blasting, loading, hauling rehabilitation and day-work to blue-chip mining client. The transaction received Competition Commission approval in mid-January 2026. Kholo Capital and Tensai Private Equity provided R275 million in mezzanine debt funding to support the transaction.

Venture Capital firm Endeavor South Africa has closed its Harvest Fund III at R230 million, an investment pool earmarked for investment in local technology business. The fund which reached its first close of R190 million in October 2024 aimed to raise R500 million but was closed prior to this being reached due to appetite from local pension funds and other financial institutions.

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