Company lists · Data refreshed September 2026

Top 25 Lower middle market investment firms based in South Africa

Name: Lower middle market investment firms based in South Africa
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 28, 2026 88 companies tracked

RevenueBase identified 88 lower middle market investment firms headquartered in South Africa as of September 2026 and tracks 448 professional contacts across them, including 168 with verified work emails. Johannesburg is the largest hub.

This list covers lower middle market investment firms headquartered in South Africa, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 28, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 28, 2026 86% judged on-target in blind review

88Companies

448Contacts tracked

168Verified emails

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The 25 largest lower middle market investment firms based in South Africa

Ranked by team size

Top 25 of 88 lower middle market investment firms based in South Africa, ranked by team size, largest first. Data refreshed Sep 28, 2026. RevenueBase Smart Search rates how each company's information relates to lower middle market investment firms: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	Transaction Capital Limited	Indirect evidence	Rosebank, South AfricaHQ checked Sep 28, 2026	1,001-5,000	58 contacts →
	Indirect evidence “Transaction Capital is an active investor in and operator of credit-orientated alternative assets managed by experienced entrepreneurial management teams employing a rigorous…” Source: RevenueBase Database · checked Sep 28, 2026
2	Westbrooke Alternative Asset Management	Partial evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	11-50	46 contacts →
	Partial evidence “Established in 2004, Westbrooke is a multi-asset, multi-strategy manager of alternative investment funds and co-investment platforms.” Source: RevenueBase Database · checked Sep 28, 2026
3	Metier	Partial evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	11-50	30 contacts →
	Partial evidence “Metier is an independently owned private equity fund manager with an extensive track record spanning nine investment pools and delivering returns in excess of 30%/ Metier is an…” Source: RevenueBase Database · checked Sep 28, 2026
4	Medu Capital	Partial evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	1-10	28 contacts →
	Partial evidence “Established in 2003, Medu Capital is a professional investment management company with a focus on private equity.” Source: RevenueBase Database · checked Sep 28, 2026
5	Accolade Financial Servise	Partial evidence	Midrand, South AfricaHQ checked Sep 28, 2026	501-1,000	12 contacts →
	Partial evidence “Accolade® is a premier global investment and advisory firm that strives to provide solutions that create lasting value for our investors, the companies in which we invest and…” Source: RevenueBase Database · checked Sep 28, 2026
6	Nodus Group	Partial evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	11-50	10 contacts →
	Partial evidence “Nodus is an independent investment banking business specialising in mergers and acquisitions, buy-outs and private equity.” Source: RevenueBase Database · checked Sep 28, 2026
7	Ifsa Asset Managers	Indirect evidence	Kempton Park, South AfricaHQ checked Sep 28, 2026	51-200	10 contacts →
	Indirect evidence “Welcome to IFSA Private Equity – pioneers of prosperity.” Source: RevenueBase Database · checked Sep 28, 2026
8	Leaf Capital	Partial evidence	Cape Town, South AfricaHQ checked Sep 28, 2026	1-10	9 contacts →
	Partial evidence “Financial services company providing investment management in the private equity, structured finance and property areas as well as corporate advisory services.” Source: RevenueBase Database · checked Sep 28, 2026
9	Kholo Capital	Indirect evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	1-10	8 contacts →
	Indirect evidence “Kholo Capital is a mezzanine debt fund management business.” Source: RevenueBase Database · checked Sep 28, 2026
10	Vuna Partners	Indirect evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	1-10	8 contacts →
	Indirect evidence “Vuna Partners is a South African private equity investor focused on medium sized businesses across a range of sectors.” Source: RevenueBase Database · checked Sep 28, 2026
11	NEW GX Capital	Partial evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	201-500	8 contacts →
	Partial evidence “Established in 2005, New GX Capital Holdings Proprietary Limited or “New GX”, is a black owned and controlled investment company formed on strong entrepreneurial principles…” Source: RevenueBase Database · checked Sep 28, 2026
12	Hlayisani Capital	Partial evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	1-10	8 contacts →
	Partial evidence “Investment Management, Venture Capital & Private Equity” Source: RevenueBase Database · checked Sep 28, 2026
13	Phoenix Group Of Companies	Indirect evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	11-50	7 contacts →
	Indirect evidence “Phoenix aims to empower institutions and individual clients to conserve, develop and leverage their financial resources through effective access to relevant knowledge and skills…” Source: RevenueBase Database · checked Sep 28, 2026
14	Multiply Group	Partial evidence	Durban, South AfricaHQ checked Sep 28, 2026	11-50	6 contacts →
	Partial evidence “The Multiply Group is a private investment company that provides longer term strategic capital to business owners through a partnership focused approach.” Source: RevenueBase Database · checked Sep 28, 2026
15	Cambridge Capital	Partial evidence	Cape Town, South AfricaHQ checked Sep 28, 2026	11-50	6 contacts →
	Partial evidence “Cambridge Capital was founded in 2007 with the vision of building a global investment company.” Source: RevenueBase Database · checked Sep 28, 2026
16	Theza Capital PTY LTD	Partial evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	1-10	6 contacts →
	Partial evidence “THEZA Capital is an authorised financial services advisory and investment company established in 2007.” Source: RevenueBase Database · checked Sep 28, 2026
17	Saad Investment Holdings	Partial evidence	Cape Town, South AfricaHQ checked Sep 28, 2026	1-10	6 contacts →
	Partial evidence “SAAD Investment Holdings (SAAD) was established in 2006 as the investment arm of the Tree of Life group.” Source: RevenueBase Database · checked Sep 28, 2026
18	Scientia Holdings Property Fund	Indirect evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	1-10	6 contacts →
	Indirect evidence “Scientia Holdings Property Fund (Pty) Ltd is a proudly South African private equity fund manager established in 2019, with operations officially commencing in 2020.” Source: RevenueBase Database · checked Sep 28, 2026
19	Summerplace Equity Partners	Indirect evidence	Sandton, South AfricaHQ checked Sep 28, 2026	1-10	5 contacts →
	Indirect evidence “SummerPlace Equity Partners is a black female owned fund manager based in Johannesburg, South Africa.” Source: RevenueBase Database · checked Sep 28, 2026
20	Rational Expectations	Partial evidence	Cape Town, South AfricaHQ checked Sep 28, 2026	1-10	5 contacts →
	Partial evidence “Founded in 1997, Rational Expectations is an investment company based in the heart of Cape Town.” Source: RevenueBase Database · checked Sep 28, 2026
21	Ordian Capital	Partial evidence	Bellville, South AfricaHQ checked Sep 28, 2026	1-10	4 contacts →
	Partial evidence “Ordian is an investment and advisory business focused on thoughtful capital allocation, long-term value creation and disciplined analytical thinking.” Source: RevenueBase Database · checked Sep 28, 2026
22	basecapital.io	Partial evidence	Cape Town, South AfricaHQ checked Sep 28, 2026	1-10	4 contacts →
	Partial evidence “We invest globally across all stages, from seed to listed shares, with a focus on marketplace and software businesses.” Source: RevenueBase Database · checked Sep 28, 2026
23	Principal Partners Trust	Partial evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	1-10	3 contacts →
	Partial evidence “Principal Partners is a ‘boutique’ private equity firm founded by investment specialist, Avram Levy.” Source: RevenueBase Database · checked Sep 28, 2026
24	Nitinol Capital	Indirect evidence	Johannesburg, South AfricaHQ checked Sep 28, 2026	1-10	3 contacts →
	Indirect evidence “Nitinol Capital is a debt solutionist business that focuses on optimizing corporate capital structures by creating bespoke funding solutions.” Source: RevenueBase Database · checked Sep 28, 2026
25	Bellair Road Investment Partners	Indirect evidence	Cape Town, South AfricaHQ checked Sep 28, 2026	1-10	3 contacts →
	Indirect evidence “At Bellair Road, we understand that the path to building a sustainable business is long and challenging.” Source: RevenueBase Database · checked Sep 28, 2026

RevenueBase Smart Search

RevenueBase Smart Search assesses information from a company’s LinkedIn profile, information supplied directly by the company, its website, and other publicly available sources. It uses that information to rate how closely the company relates to this list’s category: lower middle market investment firms. Every row carries its rating and the description the rating was read from, so each one can be checked rather than taken on trust.

Strong evidence: The company's own public description of its business names lower middle market investment firms.
Partial evidence: Its own public description names part of lower middle market investment firms, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name lower middle market investment firms. The match rests on the rest of the company's public profile rather than the one sentence quoted here, so this is the rating to check first.

RevenueBase Smart Search is how these lists are built: RevenueBase's data engine and AI assemble the companies that match a category defined in a user's own words, so a list can be about what companies actually do rather than about whichever industry code they were filed under.

Showing 25 of 88 lower middle market investment firms based in South Africa

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Lower middle market investment firms based in South Africa at a glance

As of Sep 28, 2026

37.5%Verified-email coverage

5.1Average contacts per company

1-10Median size (employees)

44.3%Largest-city concentration · Johannesburg

Sep 28, 2026Page data refreshed

Companies by employee count

1-10

11-50

51-200

201-500

501-1,000

1,001-5,000

Email recency for this list is measured worldwide rather than for South Africa, so it is reported there. Company counts and contact totals on this page are exact for South Africa, over 88 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among lower middle market investment firms, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source: The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies: Companies headquartered in South Africa whose own description of what they do matches “lower middle market investment firms”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search: RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names lower middle market investment firms), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude: Companies whose own description does not clearly place them among lower middle market investment firms, and records with no verified work email. Companies headquartered outside South Africa are excluded even when they keep an office there.
Match quality: In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking: Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification: Every listed company carries at least one verified work email, 168 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh: This page's figures were pulled from the company graph on September 28, 2026. Lists refresh periodically as the graph is re-checked.
Corrections: Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Lower middle market investment firms by metro

Lower middle market investment firms in Johannesburg39

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names lower middle market investment firms, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many lower middle market investment firms are there based in South Africa?

RevenueBase identified 88 lower middle market investment firms headquartered in South Africa as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Transaction Capital Limited, headquartered in Rosebank, tops this list with the largest team on record.

Which city has the most lower middle market investment firms?

Johannesburg leads with 39 headquartered companies, followed by Cape Town (18) and Sandton (10).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 168 verified decision-maker contacts tracked across these 88 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 28, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.