How We Invest
At Secha, we look for established South African SMEs in the FMCG, agribusiness, healthcare, light manufacturing and business-enabling services sectors that need both growth capital and management support to grow and reach full potential. We invest and provide support as equity partners to the SMEs as well as invest for 10-30% equity in companies, with up to 70% for companies that form part of a platform investment within an industry vertical.
We like large, fragmented, often “boring” sectors. These are often niche growth verticals adjacent to larger markets or large, dormant markets that can be reinvigorated.
STAGE OF BUSINESS
"Inflection Point of Adolescence”
Product / market / founder fit; Recurring revenue; Inflection point for growth
~R30M+ revenue, ~50%+ GP or high growth rate / ARR
Track record of positive annual organic growth
Based in Southern Africa
Manufacturing, Agribusiness, Health Care, FMCG, Vertical Saas / Business-Enabling
Primarily family-owned and run businesses
High-powered human capital; route-to-market capabilities; digitalization expertise
Niche, growth verticals or large, dormant markets that can be re-invigorated; Established domain expertise; Quality earnings; Platform options; Quantifiable impact