Servest's R10bn journey: How RMB Corvest, Kenton Fine made magic

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Earlier this year, private equity firm RMB Corvest ended a spectacularly successful (near 30% compound return), decade long partnership when Durbanite Kenton Fine's Servest was sold into a global competitor. The partnership began four years after Fine had taken his once JSE listed services private, and flourished through a succession of deals which put control of its South African operations into black hands and now through the sale of its UK-headquartered global business into multinational Atalian. This is the story of one of SA's most successful private equity investments told by Fine and RMB Corvest CEO Mike Donaldson (pictured).
21 Aug 2018 3PM English South Africa Investing · Business News

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