Grand Parade Investments Company Description
Grand Parade Investments Limited is a private equity and venture capital firm specializing in incubation, PIPE's, industry consolidation, recapitalizations, buyouts, and growth capital investments.
It considers investments in seed and startup, middle market, mature, turnaround, and emerging growth stages.
The firm typically invests in leisure, tourism, and gaming sectors and also considers investments in property, retail, food, manufacturing, real estate and entertainment.
It seeks to invest in Africa with a focus on South Africa and Western Cape. The firm primarily invests between R$10 million ($0.84 million) and R$1000 million ($84.98 million) in companies with enterprise value greater than R$300 million ($25.50 million).
The firm prefers to take a board seat in its portfolio companies. It may enter into joint ventures and other similar alliances, whereby it forms partnerships with such entities, contributing not only capital, but also providing strategic managerial input.
The firm prefers to take minority or majority stake in its portfolio companies. The firm seeks to take more than 20 per cent stake, however a smaller stake is also considered where there is the potential to increase such stake in the future.
It seeks to make balance sheet investments. Grand Parade Investments Limited was founded in 1997 and is based in Cape Town, South Africa.
Country | South Africa |
Founded | 1997 |
Industry | Restaurants |
Sector | Consumer Discretionary |
Employees | 3,317 |
CEO | Gregory Bortz |
Contact Details
Address: 33 Heerengracht Street Cape Town, 8001 South Africa | |
Phone | 27 21 412 1400 |
Website | grandparade.co.za |
Stock Details
Ticker Symbol | GPL |
Exchange | Johannesburg Stock Exchange |
Fiscal Year | July - June |
Reporting Currency | ZAR |
ISIN Number | ZAE000119814 |
SIC Code | 7990 |
Key Executives
Name | Position |
---|---|
Gregory Mark Bortz | Group Chief Executive Officer and Board Member |
Gayasuddin Ahmed | Group Chief Financial Director |