Private equity firm
RMB Corvest
RMB Corvest is a Johannesburg-based private equity firm and on-balance sheet provider of capital for mid-sized businesses. Established in 1989, the firm specialises in management buy-outs (MBOs), management buy-ins (MBIs), leveraged buy-outs (LBOs), and developmental capital, alongside a strong focus on Black Economic Empowerment (BEE) transactions in South Africa. As a subsidiary of FirstRand Bank Limited, the firm uses on-balance-sheet funding, which allows for a flexible investment horizon without the exit timing pressures typical of traditional closed-end private equity funds.
Investment focus
- Sectors
- ConsumerTechnologyManufacturing and industrials
- Stages and strategies
- GrowthBuyout
- Instruments
- EquityDebt
- Regions
- Sub-Saharan Africa, Europe
- African markets named in public materials
- South Africa
Selected portfolio and direct investments
- Lampac (Pty) Ltd
- Process Automation (Pty) Ltd
Recent investments and transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 10 Feb 2026 | RMB Corvest and Alito Fund 2's Majority Acquisition of Packaging World's Operations in South Africa | Private Equity | Undisclosed | South Africa |
| 20 Jan 2026 | RMB Corvest and Shalamuka Capital Minority Acquisition of Process Automation's Operations in South Africa | Private Equity | Undisclosed | Namibia |
Sources
- Partner Researchers, accessed 14 November 2026