• MHMK CAPITAL

Track Record

Through our Founder, we have handled over US$600 million in transactions (proprietary/advisory) over the past 10 years and successfully built businesses that have been listed publicly. Read on for some of the notable transactions our Founder has handled.

2007 - INVESTMENTS & ADVISORY

FOUNDER

project 2

US$250,000

Founded Brainworks Capital with a vision of building it into a leading investment and advisory firm in Zimbabwe.

2009 - BANKING

ACQUISITION

project 2

US$4.6 million

Acquisition of 28% shareholding (secondary shares) in Premier Finance Group Limited, a registered commercial bank in Zimbabwe.

2009 - BANKING

CAPITAL RAISING

project 2

US$5.2 million

Disposal of 54% shareholding (secondary shares) Premier Finance Group Limited to ADC African Development Corporation AG.

2010 - BANKING

CAPITAL RAISING

project 2

US$10 million

Privately placed 60% shareholding (newly issued shares) in Premier Finance Group Limited to Ecobank Transnational Incorporated.

2011 - INVESTMENT HOLDINGS

CAPITAL RAISING

project 2

US$3.7 million

Privately placed 73,675,375 newly issued ordinary shares in Brainworks to Pension Funds in Zimbabwe.

2011 - INVESTMENT HOLDINGS

CAPITAL RAISING

project 2

US$7.8 million

Privately placed 129,291,366 newly issued ordinary shares in Brainworks to Pension Funds in Zimbabwe and ADC African Development Corporation AG.

2011 - BANKING

CAPITAL RAISING

project 2

US$11.5 million

Arranged the disposal of 23,495,843 ordinary shares publically held in ABC Holdings to ADC.

2011 - BANKING

RIGHTS OFFER

project 2

US$50 million

Underwriting and acquisition of control in ABC Holdings Limited by African Development Corporation AG.

2012 - FINTECH

CO-FOUNDER

project 2

US$490,000

Co-founded GetBucks Zimbabwe with MyBucks SA, a microfinance bank, and listed it on the Zimbabwe Stock Exchange at a market cap of US$37 million in 2016.

2012 - INVESTMENT HOLDINGS

CAPITAL RAISING

project 2

US$2 million

Privately placed 20,000,000 newly issued ordinary shares in Brainworks Limited to Red Rock Capital, a Mauritius investment company.

2013 - LOGISTICS

CAPITAL RAISING

project 2

US$2 million

Privately placed 49% shareholding (newly issued) FML Oil Company of Zimbabwe (Private) Limited to Union African Special Investments Limited, a Mauritius investment company.

2013 - INVESTMENT HOLDINGS

CAPITAL RAISING

project 2

US$4.4 million

Privately placed 55,000,000 newly issued ordinary shares in Brainworks Limited to Red Rock Capital, a Mauritius investment company.

2013 - INVESTMENT HOLDINGS

CAPITAL RAISING

project 2

US$2.5 million

Privately placed 25,000,000 newly issued ordinary shares in Brainworks Limited to Blue Air Capital, a Mauritius investment company.

2013 - FINANCIAL SERVICES

MANDATORY OFFER

project 2

US$4 million

ADC African Development Corporation AG mandatory offer to ABC Holdings minority shareholders.

2014 - FINTECH

CAPITAL RAISING

project 2

US$9 million

Arranged the disposal of 2,000,000 ordinary shares in GetBucks Limited (MyBucks SA) to an international investor.

2014 - FINANCIAL SERVICES

ACQUISITION

project 2

US$210 million

Atlas Mara acquisition of 100% shareholding of ABC Holdings Limited.

2014 - FINANCIAL SERVICES

ADVISER

project 2

US$130 million

Atlas Mara acquisition of 100% shareholding of ADC African Development Corporation AG.

2014 - FINTECH

DEBT RAISING

project 2

US$5 million

Arranged bank debt to GetBucks Zimbabwe from NMB Bank Limited.

2014-2015 - HOSPITALITY

ACQUISITION

project 2

US$14.8 million

Structured and executed the takeover of control (57% shareholding through a book building process) in African Sun Limited, a Zimbabwe Stock Exchange listed company.

2007-2015 - REAL ESTATE

ACQUISITION

project 2

US$27.4 million

Structured and executed the takeover of control (67% shareholding through a book building process) in Dawn Properties Limited, a Zimbabwe Stock Exchange listed company.

2014 - FINTECH

DEBT RAISING

project 2

US$5 million

Structured and executed an on-going commercial paper funding programme for GetBucks Zimbabwe with Pension Funds in Zimbabwe.

2014 - INVESTMENT HOLDINGS

CAPITAL RAISING

project 2

US$5 million

Privately placed 62,500,000 newly issued ordinary shares in Brainworks Limited to Blue Air Capital, a Mauritius investment company.

2014 - FINTECH

ACQUISITION

project 2

US$4 million

Acquisition of Nettcash, a mobile payment platform, by Mozido LLC, a USA based mobile payments company.

2015 - INVESTMENT HOLDINGS

CAPITAL RAISING

project 2

US$8 million

Privately placed 87,500,000 issued ordinary shares in Brainworks Limited to Blue Air Capital, a Mauritius investment company, on behalf of Atlas Mara.

2015 - INVESTMENT HOLDINGS

PLACEMENT

project 2

US$30 million

Placed 352,420,000 newly issued ordinary shares in Brainworks Limited to existing shareholders in a Rights Offer.

2016 - CAPITAL MARKETS

LISTING

project 2

US$3.5 million

Listing of GetBucks Zimbabwe on the Zimbabwe Stock Exchange.

2016 - CAPITAL MARKETS

LISTING

project 2

US$25 million

Listing of MyBucks on the Frankfurt Stock Exchange.

2016 - INVESTMENT HOLDINGS

ACQUISITION

project 2

ZAR87 million

Acquisition of a controlling stake in Ecsponent Limited, a Johannesburg Stock Exchange listed financial services business.

2017 - INVESTMENT HOLDINGS

RIGHTS OFFER UNDERWRITING

project 2

ZAR20 million

Underwriting of Rights Offer for Ecsponent Limited, a Johannesburg Stock Exchange listed financial services business

2016 - CAPITAL MARKETS

LISTING

project 2

US$30 million

Launch and Listing of GetBucks Zimbabwe Medium Term Note on the Zimbabwe Stock Exchange.

2017 - ENTREPRENEURSHIP

project 2

Recognised by the London Stock Exchange as one of the top companies to inspire Africa in 2017, in the inaugural edition of London Stock Exchange Group’s Companies to Inspire Africa report.

2017 - CAPITAL MARKETS

project 2

Listing of Brainworks on the Johannesburg Stock Exchange.