Genesis Capital Partners (Pty) Ltd is a privately held investment company that is focused on building long term value for its stakeholders via sustainable equity returns. Genesis Capital Partners was formed in August 2006 to capitalize on the significant equity investment opportunities generated from within the Genesis Capital Group.
The key areas of the Genesis Capital Partners group are –
- SA investment holdings, with majority, significant minority and investment interests in a diverse portfolio of businesses;
- Commercial Property, primarily office with a retail and industrial component; and
- International investment holdings, primarily media, education and financial services.
Genesis Capital Partners is a member of the Genesis Capital (Pty) Ltd group, which is a financial services group that focuses on, inter alia, personal financial planning, wealth management, asset management, employee benefits, healthcare and short term insurance, in South Africa and the United Kingdom.
The shareholders of Genesis Capital Partners are Genesis Capital, management and selected family offices and individuals, with whom Genesis Capital Partners has a strategic long term relationship.
The strategy of Genesis Capital Partners is to generate long term sustainable returns for its shareholders from the investment into and the management of selected equity opportunities, either as a majority owner or alternatively as a significant minority shareholder.
Genesis Capital Partners does not have a fixed exit horizon like a typical private equity fund and is therefore in a position to make decisions that will maximize growth in the long term. Genesis Capital Partners seeks to invest in established businesses that have strong founder shareholders/management, significant growth prospects and scalable business models.
Genesis Capital Partners is the holding company of a diverse portfolio of South African businesses, encompassing a range of industries that includes the industrial, financial services and food sectors.
The Genesis Capital Partners portfolio includes the following entities –
International Investment Holdings
Destination Capital is a specialized niche lending business that focuses on the provision of secured short and medium term loans to high net worth individuals and selected corporates. The typical client of the business requires short or medium term bridging finance, usually to consummate a specific business opportunity.
Office Number: +27(0)11 784 5281
Shapiro Shaik Defries & Associates (SSDA)
SSDA is a leading South African specialist debt collection company, with more than 400 collectors. SSDA and provides collection services to many large companies, including all major industries including; Medical, Automotive, Retail, Telecoms, Government, State–Owned–Enterprises and other major Credit Grantors.www.ssda.co.za
WPI Power Solutions
WPI Power Solutions is a provider of electrical products (particularly medium voltage switchgear) to customers primarily in the mining and industrial sectors. It also provides field–service support to customers, thus providing an integrated service. WPI has premises in Centurion, Witbank and Carletonville. Its major customers include the major mining groups, heavy industry such as steel and petrochemicals and state owned enterprises.www.wpi.co.za
J. Gross & Co
Gross is a corporate clothing manufacturer specialising in industrial protective workwear, footwear and clothing. It incorporates the South African distribution rights of Chef Works, which is a leading global culinary apparel brand, manufacturing and distributing high-quality culinary apparel. Gross owns a majority shareholding in Maby Corporate Clothing.www.jgross.co.za
Maby Corporate Clothing
Maby is one of South Africa's leading corporate clothing supplier, which provides a fully integrated service offering including design capabilities (including raw material engineering), manufacturing expertise, logistics management, warehousing facilities and a distribution network. Maby operates across many sectors including airline and travel, retail, medical, and financial services. Maby's key clients include Netcare, Nedbank, Life Healthcare and Shoprite Checkers, Clicks & SAA.www.maby.co.za
PRS offers sale and hire of access scaffolding and formwork to the construction industry, and also erects access scaffolding on a contract basis. PRS has been supporting the building industry for over 30 years, initially supplying access scaffolding for hire. PRS is based in Johannesburg, servicing the greater Gauteng region.www.prs-scaffolding.co.za
McGavren Guild Media
McGavren Guild Media is a New York headquartered independent media representation firm, focusing on national sales to the US radio market. McGavren Guild Media represents 579 stations in 174 markets in cities across the United States, with a national footprint.www.mcgavrenguild.com
McGavren Guild Malls
McGavren Guild Malls is an independent US media representation firm, focusing on providing holistic mall media solutions to its clients via a single point of contact. McGavren Guild Malls has partnered with various mall developers and owners across the United States, and provides advertisers with various media options across multiple malls. Its head office is located in New York.www.mcgavrenguildmalls.com
Local Focus is a US based national radio representation firm that serves small market stations, and connects the major ad agencies reach these stations when required. Local Focus represents in excess of 500 US radio stations and placed Non-Rep business on another 900 stations during the past year.www.localfocusllc.com
Genesis Capital Partners Team
Martin LevickGenesis Capital Group CEO
After completing his legal degree, Martin served legal
articles at Cuzen and Woods Attorneys, where he focused on
commercial law and insurance.
In partnership with his father Selwyn, Martin founded the Genesis group in 1995. As CEO of the Genesis group, Martin has been successful in building the group into a leading niche financial services business that employs in excess of 150 people and that incorporates the leading independent financial planning group in South Africa.
Darren ShurGenesis Capital Partners Managing Director
Darren served articles at Fisher Hoffman Sithole from
January 1994 to December 1996 and qualified as a chartered
accountant in December 1996. He spent 17 months in the
corporate finance department of N M Rothschild & Sons
(South Africa), focusing on international merger and
Darren joined Peregrine in May 1998 where he was a director of Peregrine Investment Banking and focused on the group's private equity portfolio. Darren has been responsible for a number of highly successful private equity and venture capital transactions as well as new listings. Darren partnered with the Genesis Group in August 2006 to form Genesis Capital Partners.
David ShimkinsGenesis Capital Partners
David joined GCP in 2014 having been a partner at Genesis
group company, Capitau Investment Advisory, a leading
South African based independent M&A and investment
house specializing in fund management, local and
international finance and large, complex leveraged buy
outs. David has over 17 years of experience in property
transactions, financial modelling, structured and
leveraged finance and structural unwinds.
Previously, David was co-head and divisional director of Brait Structured Finance before moving with his team to Grindrod Bank (then Marriott Merchant Bank) in 2003.While at Grindrod Bank, David was the Regional Head for Gauteng with specific responsibility for strategy and special projects. Having headed up the corporate finance and investment product teams, he was responsible for the operations of the Grindrod Investments Trust, a R2 billion preference share fund. David was also involved in the restructuring of the Bank’s asset management division, was responsible for the creation of the first of the Bank’s collective investment schemes and the formation of its distribution platform.
David has a Bachelor of Accounting Science from the University of South Africa; Higher Diploma in Tax Law from the University of Johannesburg and is a member of the South African Institute of Chartered Accountants.
Jeff WrightGenesis Capital Partners
Jeff served articles with Deloitte from 1976 to 1980
while completing a part time BAcc at the University of the
Witwatersrand.He qualified as a chartered accountant in
He left the profession to join the Barlow Rand group in 1987 where he held various financial positions until the early 90's, when he moved to the Tiger Oats group as general manager of Beacon Sweets, Transvaal. He then held a number of operational MD positions in the Group before being appointed, CEO of Tiger Agri and Poultry Group (currently Astral Foods Ltd).
In August as part of a takeover engineered by Brait, he joined the OTK group (Afgri Ltd) as deputy MD, in October 2002. He was appointed Group Managing Director, a position he held till he resigned in July 2008.
After that he joined the CBH Ltd group as CEO where he served until June 2013.
Shaun NewmanGenesis Capital Partners Equity Manager
Shaun qualified as a chartered accountant in December
2006, after completing his traineeship at Grant Thornton.
Following this, he moved to London where he worked in the market risk department at Credit Suisse.
He joined Genesis Capital Partners in May 2008 and is responsible for management of the private equity portfolio companies.
Greg KinrossGenesis Innovo Capital
Greg served articles at PricewaterhouseCoopers from
January 1995 to December 1997 and qualified as a chartered
accountant in December 1997, before starting his own
private equity business in 1998 which invested across a
diverse range of industries and during which period he was
appointed as CEO of McCarthy Bank Limited.
Between 2005 and 2013, he was CEO and President of Tau Capital Corp., a mining and resources business that founded, developed, managed and raised in excess of $300m for a number of major mining projects, including CIC Energy Corp. (which he founded and was President of), AfriOre Limited and Talon Metals Corp. (in respect of which he remains on the board of directors).
In 2013, after exiting from the mining sector, Greg formed Innovo Capital (Pty) Ltd to again pursue private equity opportunities as well as new business opportunities and in October 2014, Greg entered into a partnership with the Genesis Capital Group to form Genesis Innovo Capital (Pty) Ltd.
Adam NathansonGenesis Capital Partners Financial Manager
Adam qualified as a chartered accountant in December
2005, after completing his traineeship at Grant Thornton.
Following this, he moved to London where he worked in Financial Accounting at Credit Suisse and as the Financial Manager at United Trust Bank.
He joined Genesis Capital Partners in March 2013 as the Financial Manager.
Hugh BauerGenesis Capital Partners
Hugh Joined Genesis Capital Partners in October 2014 from
Sasfin Bank, a specialist multi-line South African banking
and financial services business focused on corporate,
commercial and individual clients. Hugh was part of the
Sasfin Capital team responsible for private equity,
corporate finance and property equity transactions and
deal origination. Previously as head of private client
business development Hugh was responsible for building a
team focused on developing the wealth division across
portfolio management and stock-broking, asset management,
financial planning and money market. He also initiated the
expansion and build-out of new products within the private
Prior to joining Sasfin, Hugh was with Investec Private Bank within the corporate money market team, and previously within the high income banking team, with a focus on structuring and advising on financing of property and business acquisitions, primarily to private clients and their associated entities.
Hugh has a Bachelor of Commerce in Economics, and an Honours in Economics both from the University of Cape town.