Capitec Bank acquisition of Avafin Holding

9 October 2026 Public record

Value
US$333m
Date
9 October 2026
Transaction type
Acquisition
Practice area
Mergers and Acquisitions
Sector
Banking and Financial Services
Jurisdiction
South Africa
Client
Capitec Bank

Summary

Capitec Bank acquisition of Avafin Holding. Value as disclosed: 333,000,000 USD.

Also recorded in the Meridian store as TX-ZA-0013.

Why it matters

Major (USD 100m-1bn or award-winning)

Scope of legal work

Bowmans

Advisers

Other parties

Capitec Bank (acquirer or client); Avafin Holding shareholders (counterparty or seller)

Sources

Compiled by Meridian from the public announcements and filings listed under Sources.

  • External researchers

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