Ethos acquires majority interest in The Eazi Group
January 26, 2016
Ethos has acquired a 65% stake in The Eazi Group in a deal valued at ZAR1.6 billion ($97 million). Buffet Investments and founding shareholders own the remaining interest in the company. Founded in 2003, The Eazi Group rents, sells and services work-at-height and material handling solutions, including access platforms, telehandlers and accessories. Ethos is investing through Ethos Fund VI, an $800 million vehicle that closed in 2013.