About
Sanari Capital is a South Africa-based private equity firm investing in medium-sized and mid-market growth companies with regional and global scalability. Its Sanari 3S Growth Fund (3SG) has R1.45 billion (≈USD 80 million) in committed capital and focuses on sustainable, scalable, and saleable businesses. The investment team is 66% women and majority black, with over 55 years of combined experience in mid-market private equity.

Investment Philosophy
Sanari invests in well-established businesses with a clear commercial rollout strategy, typically post-product-market fit, enterprise values between R75 million and R2 billion, and equity investments ranging from R50 million to R250 million. Its approach emphasizes human-centric, technology-driven growth, inclusive of gender-lens and B-BBEE transformation objectives.

Key Investment Questions:

• Does the business have a strong growth inflection point?

• Can it scale regionally or globally?

• Does it align with Sanari’s inclusive growth and technology-driven focus?

Sector Themes

• All Connected: Technology, ICT, IoT, automation, software

• Data is the New Gold: AI, machine learning, analytics, data platforms

• Education is the Most Powerful Weapon: EdTech, schools, skills development

• In Sickness and In Health: Healthcare, MedTech, wellness, agribusiness

• There is No Plan B: Green solutions, circular economy

Portfolio Highlights

• LightWare: LiDAR sensors for autonomous systems

• Edulife Group: Accessible education solutions

• iiDENTIFii: Biometric authentication technology

• Energenic: Energy efficiency solutions

• Fernridge: Location-based data and analytics

• JAYCOR: Connectivity infrastructure

• Sensor Networks: IoT for insurance and smart homes

Geography & Stage Focus

• Primary: South Africa (80%)

• Secondary: Rest of Sub-Saharan Africa (20%)

• Stage: Growth-stage, mid-market businesses (post-product-market fit)

Website: sanaricapital.com