Transaction Summary
Sanari Capital (Sanari), through its Sanari 3S Growth Fund, has invested R87.5 million (~$4.8 million) in Energenic Holdings (Energenic), a family-owned hybrid and solar energy generating company. Based in South Africa, Energenic provides energy generation solutions to sectors like telecommunications, tourism, and commerce across 32 African countries, with products and services that include diesel generators, solar panels, inverters, and water heating systems. The capital injection is intended to support Energenic’s domestic and regional expansion. In addition, it will also accelerate the company’s efforts to meet the growing demand for alternative and sustainable energy solutions in Africa. Energenic is Sanari’s first energy investment and the fourth addition to the Sanari 3S Growth Fund portfolio.
Term
- Fund Manager: Sanari Capital
- Fund: Sanari 3S Growth Fund
- Transaction Type: Equity Investment
- Target: Energenic Holdings
- Investment Amount: R87.5 million (~$4.8 million)
Transaction Rationale
The transaction aligns with Sanari’s strategy of backing larger founder-run and owner-managed businesses through its
