When was Convergence Partners (Africa) founded?

Convergence Partners (Africa) was founded in 2006.

Where is Convergence Partners (Africa) headquartered?

Convergence Partners (Africa) is headquartered in Johannesburg, South Africa.

What is Convergence Partners (Africa)'s total asset value?

Convergence Partners (Africa) has around in total assets under management.

How many investments has Convergence Partners (Africa) made?

Convergence Partners (Africa) has made 53 investments.

What has Convergence Partners (Africa) invested in?

Convergence Partners (Africa) has made numerous investments in companies like Inseego (Telematics Business) , Datacentrix Holdings , and 42Markets Group within the Connectivity Products, IT Consulting and Outsourcing, and Financial Services industries.

What has Convergence Partners (Africa) invested in recently?

Convergence Partners (Africa)'s latest investment was on 01-Dec-2024 in Inseego (Telematics Business) , a company within the Connectivity Products industry.

Convergence Partners (Africa) investment portfolio

Convergence Partners (Africa) Overview

Investor Type

PE/Buyout

Status

Active

Professionals

15

Investments

53

Portfolio

14

Exits

20

Convergence Partners (Africa) General Information

Company Description

Founded in 2006, Convergence Partners is a private equity investment firm based in Johannesburg, South Africa. The firm seeks to acquire majority and minority stakes in companies and also makes impact investments. The firm focuses on the TMT sector in the African region.

Business Details

Website

www.convergencepartners.com

Year Founded

2006

Investor Status

Actively Seeking New Investments

Primary Investor Type

PE/Buyout

Other Investor Types

Impact Investing

Infrastructure

Venture Capital

Corporate Office

3rd Floor, 30 Jellicoe Avenue
Rosebank
Johannesburg, 2196
South Africa

+27 011

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Convergence Partners (Africa) Investments (53)

Convergence Partners (Africa)’s most recent investment was a with Inseego (Telematics Business) for . The deal was made on 01-Dec-2024 with as the lead partner.

Company Name	Deal Date	Deal Type	Industry	Company Stage
Inseego (Telematics Business)	01-Dec-2024		Connectivity Products	Profitable
Datacentrix Holdings	17-Jan-2024		IT Consulting and Outsourcing	Profitable
42Markets Group	25-Apr-2023		Other Financial Services	Generating Revenue
Yellow (Services (B2C Non-Financial))	20-Apr-2023		Other Services (B2C Non-Financial)	Generating Revenue
EOH Network Solutions	19-Jul-2022	Buyout/LBO	IT Consulting and Outsourcing	Generating Revenue

You’re viewing 5 of 53 investments. Get the full list »

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Convergence Partners (Africa) Exits (20)

Convergence Partners (Africa) has made a total of 20 exits. Its latest exit was from e4 Strategic for on 25-Apr-2023. The exit was categorized as .

Company Name	Exit Date	Exit Type
e4 Strategic	25-Apr-2023
Snapt (Business/Productivity Software)	14-Oct-2022
Venture Garden Group	01-Aug-2019
Vumatel	30-Apr-2019
Gemalto	02-Apr-2019	Merger/Acquisition

You’re viewing 5 of 20 exits. Get the full list »

Convergence Partners (Africa) Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region.