About Us

About us

Agile Capital is a respected, black-owned and managed investment company based in Johannesburg, South Africa.

It focuses on investments in sustainable businesses with strong management teams, a history of strong financial performance and tangible growth.

Agile means to to build in Setswana. This embodies the ethos of building relationships, partnerships and businesses.

Under the leadership of exceptional investment professionals, the company has built a strong and diversified investment portfolio across a range of sectors. In over a decade, Agile Capital has built a substantial investment portfolio  invested in mid-market companies with growth potential and has become a leading South African investment firm.

A vision of investing in growing and sustainable businesses, generating strong returns for stakeholders and creating meaningful transformation. Agile Agile Capital has made sizable investments in businesses, taking a long-term partnership approach by investing alongside management teams and providing a sustainable B-BBEE solution.

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Our investment approach

Agile Capital is a long-term investment firm that adopts a partnership-oriented strategy. We collaborate closely with management teams rather than taking operational control.

Our expertise lies in finance, governance, and mergers and acquisitions (M&A). We offer non-executive strategic and financial support to the companies we invest in.

We specialize in assisting businesses seeking growth capital, replacement capital, management buyouts, and management buy-ins. We also have a track record of partnering with multinational corporations for mutual empowerment.

Investment criteria

However, it does not invest in start-up and green fields businesses, business rescue and turnaround cases, deep mining and exploration ventures, real estate assets or primary agriculture. It focuses on businesses with a solid record, tangible growth prospects and strong management teams.

Sector agnostic

Demonstratable track record of strong financial performance – Good margins, cash generative”

Tangible growth prospects

Strong management team

Minimum sustainable EBITDA of R20 million

Testimonials

RMB Corvest has worked with Agile for many years as both funder and partner. We work extremely well with the team and are able to have good constructive and open engagements. We continue to back the Agile team and look forward to working together on more transactions.
Mike Donaldson
CEO: RMB Corvest
We have been in partnership with Agile for many years and the Agile team has been a great support in the growth of our business. The Agile team has helped us make acquisitions, been a strategic support and been involved in engagements with some of our key stakeholders. Agile have become an integral part of our business and I would recommend Agile to any company looking for a private equity partner.
Jacques du Preez
Founder and CEO: Provantage
Agile came on as a partner to Spill Tech in 2016 and they have built good relationships with the management team. Agile supported us in acquiring Envirosure and when we were negotiating with Seche Environment, a French multinational group, who have invested into Spill Tech. We have found Tshego and Liz to be valuable board members who let the management team run the business while remaining available to get involved when we require it.
Raymon Rocher
CFO: Spill Tech Group
Agile has been invested in Provest for many years and the team has built a great working relationship with our management team. They are always available to engage and to assist our team where required, whether it be in assessing potential acquisitions or with internal business. I would recommend Agile as a partner.
Funani Mojono
CEO: Provest Group
"More than a deal, a partnership in the truest sense of the word”. This is how best I can describe SA Biomedical’s excellent partnership of over 6 years with Agile as we have journeyed together with our business, notably through some tough times, yet continuing to support each other and our mutual growth aspirations. The Agile team has always demonstrated full confidence in our leadership team by offering sage advice and strategic support, yet allowing us to “do what we do best” in delivering a superior service in the sphere of healthcare. It’s been an absolute pleasure working with our friends from Agile - long may that continue!
John Bisset
CEO: SA Biomedical

Timeline

2008

Establishment of Fund I of R500m with RMB and RMB Corvest.

2009

Completion of investment in Autozone from listed Supergroup.

2010
  • Conclusion of investment in Vuya! Investments which held interests in Henkel SA and TUV Rheinland.
  • Acquired equity in Provest Group.
2011
  • Buy-out of minority shareholders in Provantage Media Group.
  • Buy-out of the empowerment shareholders in Innovation Group.
2013
  • Acquired equity in MCG Plastics.
  • Acquired equity in Autovest.
2014

Acquired equity in Aquatico Laboratories.

2015
  • Exit of MCG Plastics.
  • Exit of Autovest.
  • Successful raising of second R500m Private Equity fund II with RMB and RMB Corvest.
  • Exit of Autozone.
2016

Acquired equity in Spill Tech.

2017
  • Acquired equity in Goldrush.
  • Acquired equity in Feedem.
  • Acquired equity in BBE Group.
2018
  • Acquired equity in Excellerate.
  • Acquired equity in SA Biomedical. 
  • Establishment of  Private Equity Fund III.
2019

Acquired interest in Averge Technologies.

2021
  • Exit of investment in Spill Tech Group to Seche Environment.
  • Acquired equity in UniQ support services.
  • Acquired interest in Seche South Africa, a holding company owing equity in Spill Tech Group, Interwaste and Envirosure.
2008

Establishment of Fund I of R500m with RMB and RMB Corvest.

2009

Acquired  Autozone from Supergroup Limited.

2010
  • Conclusion of investment in Vuya! Investments which held interests in Henkel SA and TUV Rheinland.
  • Acquired equity in Provest Group.
2011
  • Buy-out of minority shareholders in Provantage Media Group.
  • Buy-out of the empowerment shareholders in Innovation Group.
2013
  • Acquired equity in MCG Plastics.
  • Acquired equity in Autovest.
2014

Acquired equity in Aquatico Laboratories.

2015
  • Exit of MCG Plastics.
  • Exit of Autovest.
  • Successful raising of second R500m Private Equity fund II with RMB and RMB Corvest.
  • Exit of Autozone.
2016

Acquired equity in Spill Tech.

2017
  • Acquired equity in Goldrush.
  • Acquired equity in Feedem.
  • Acquired equity in BBE Group.
2018
  • Acquired equity in Excellerate.
  • Acquired equity in SA Biomedical. 
  • Establishment of  Private Equity Fund III.
2019

Acquired interest in Averge Technologies.

2021
  • Exit of investment in Spill Tech Group to Seche Environment.
  • Acquired equity in UniQ support services.
  • Acquired interest in Seche South Africa, a holding company owing equity in Spill Tech Group, Interwaste and Envirosure.

Sectors we are invested in

Automotive

Energy & Engineering

Environmental

Financial Services

Manufacturing

Media & Entertainment

Healthcare

Mining Services

Outsourced Services

TIC
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Meet the team

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TSHEGO SEFOLO CA(SA)

CEO

Tshego is responsible for overall management of the business and is involved in transaction origination, execution and post investment value management.

Before establishing Agile Capital, Tshego was the managing director of the Zico Group, an investment holding company with diverse interests in mining, gaming, industrial services and manufacturing, both within South Africa and across the continent.  

Tshego’s prior experience included working as a dealmaker at Standard Bank Private Equity, managing investment origination and execution on behalf of the bank; working as a transactor at Ethos Private Equity; and foundational experience with Ernst & Young Johannesburg and London.

He holds a Bachelor of Commerce Honours degree from the University of Natal and is a qualified Chartered Accountant. He also holds a Master’s in Business Administration (MBA) from the University of Witwatersrand.

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LIZ KOLOBE CA(SA)

Partner

Liz holds a Bachelor of Business Science Honours degree from the University of Cape Town, a Higher Diploma in Accounting from the University of the Witwatersrand and is a qualified Chartered Accountant. She completed her articles with Deloitte in 2008, where she served as an audit manager for 2 years and subsequently spent 4 years in the Corporate Finance division specialising in Due Diligence reviews. 

Prior to joining Agile, Liz was a transactor at Kleoss Capital, a mid-market SA private equity firm, where she was involved in executing a number of investments across sectors and represented the firm on the boards of some of its portfolio companies.

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NDIMANDE MARTUHA

ASSOCIATE

Ndimande Marutha is a chartered accountant by profession; his journey started at the University of Johannesburg (UJ), where he earned a Bachelor of Commerce Honours in Accounting and CTA. 

Ndimande commenced his professional journey as a trainee accountant at PricewaterhouseCoopers (PWC), where he gained practical experience and an inherent understanding of financial management and auditing practices. Subsequently, he transitioned to a role as an executive assistant at PSG Group Limited, where he served for a period of about two years. In this capacity, Ndimande contributed to the various key strategic initiatives of the organisation.

Following his tenure at PSG Group, Marutha redirected his career towards M&A, initially joining PWC in New York (through Makosi). Here, he further refined his expertise in navigating complex financial transactions. Later, Ndimande joined Deloitte in Johannesburg, where he continued to build his career within M&A, contributing to the firm’s reputation for excellence in financial advisory services. 

Throughout his career, Marutha has demonstrated a commitment to professionalism and continuous learning, embodying the values of integrity and diligence expected of a chartered accountant.

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ZANENHLANHIA SITHOLE

INVESTMENT ANALYST

Zanenhlanhla Sithole holds a Bachelor of Commerce in Economics and
Management from the University of the Witwatersrand.


Zanenhlanhla began her professional journey at RisCura Alternative Investment
Services, where she served as a Private Equity Analyst and Business Development
Coordinator. In this role, she conducted valuation analyses, produced research
reports, and demonstrated a commitment to transformation in the industry by
conceptualising the Riscura Women in Private Equity event, a pioneering initiative
addressing the challenges faced by women in the private equity sector.


She subsequently joined Autonomi Capital as an Investment Analyst in Energy and
Infrastructure, where she supported deal teams on energy projects across Southern
Africa.


Zanenhlanhla was honoured as one of the YES Top 35 Under 35, a national
recognition in partnership with Daily Maverick that celebrates outstanding Youth
Employment Service alumni who have made a meaningful impact in their industries
and communities. She brings a strong combination of analytical rigour, transactional
experience, and a passion for driving inclusive growth within the financial services
sector.

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NTHUTENG MOGALE

INVESTMENT INTERN

Nthuteng Mogale is an emerging investment professional with a strong academic foundation in accounting and growing exposure to private equity.

She holds a Bachelor of Commerce in Accounting degree from the University of Johannesburg
and is a pursuing a postgraduate qualification in accounting, reflecting core
competences in financial principles and business understanding.

Nthuteng gained practical experience within the financial services industry at
Sanlam, where responsibilities included guiding clients through wealth management
solutions, strengthening financial literacy, and supporting advisory processes.

She is currently gaining hands-on investment exposure as a Private Equity &
Investment Intern at Agile Capital, contributing to deal analysis, financial modelling
and market research. She demonstrates strong numerical reasoning, attention to
detail, and a growing commercial mindset suited to investment-driven environments.

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Where to?

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