Grand Parade Investments Limited (JSE: GPL)
South Africa flag South Africa · Delayed Price · Currency is ZAR
367.00
0.00 (0.00%)
Sep 12, 2024, 10:17 AM SAST

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.

Grand Parade Investments Limited
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