Sabvest Capital Limited (Sabcap) is an investment group which was listed on the JSE on 13 May 2020 as part of a restructuring in which it acquired 100% of the ordinary and ‘N’ ordinary shares of Sabvest Limited, which had been listed on the JSE since 1988, in exchange for a single class of Sabcap ordinary shares. The Seabrooke Family Trust controls Sabcap through an unlisted ‘Z’ share.
Sabcap has interests in ten unlisted and three listed investments, and also holds listed equity, debt and cash portfolios when it has surplus liquidity – all accounted for on a fair value basis. Sabcap’s primary focus is on industrial and service businesses, usually unlisted and co-invested with family, management or financial partners in terms of Sabcap’s Partnership Principle.
Sabcap also makes finance advances and undertakes other fee and profit earning activities from time to time.