Legacy Africa Fund Managers

Portfolio Companies: Private Equity

Kelpack Manufacturing

Kelpack is a contract manufacturing and packing company of foods located in Pinetown, Durban.
The business was founded in 1996 by Ric Cameron and was called Kelly Foods.

In 2009 Kelly Foods refocused the business to concentrate on 3rd party contract manufacturing and packaging and changed its name to Kelpack Manufacturing (Pty) Ltd (“Kelpack”).

Legacy Africa Capital Partners, through Legacy Capital Partners Fund I, acquired a 49% shareholding in Kelpack as part of a Management Buy Out in November 2022.

TQ Group

TQ Group is a women-led technology-driven marketing solutions agency specialising in developing innovative digital communication platforms and creating target-based content.

The company has extensive expertise in the digital marketing and production space and had been looking for an investor with a solid network to facilitate the growth of the business.

With the world moving closer to being fully digital everyday, we see room for growth for TQ Group. Legacy Africa Capital Partners holds 25,1% of the shareholding of the business.


Penflex (Pty) Ltd (“Penflex”) is a plastics conversion business specialising in injection moulding and offering three product lines: blind components, writing instruments (e.g. pens, highlighters etc.) and plastic homeware products.

Legacy Africa Capital Partners facilitated and participated in the management buyout of the retiring founder of the business, working with the CEO and financial manager (together, “management team”) of the business.

Legacy Africa Capital Partners , through Legacy Africa Capital Partners Fund I, currently holds 60% of the business, and 40% is held by the management team. 


Everite (Pty) Ltd (“Everite”) was established in 1941 and has been producing a range of building products for the South African building industry, fulfilling the needs of the commercial, industrial, and residential markets.

Everite is renowned for its comprehensive range of Nutec Roofing and Cladding Solutions and includes fibre cement roofing, cladding, ceilings and building columns amongst others.

Legacy Africa Capital Partners, through Legacy Africa Capital Partners Fund I, currently holds a 25,01% shareholding in the business.

Continuous Power Africa

Continuous Power Africa is a private equity backed remote monitoring systems OEM and power solutions specialist providing design, engineering, procurement, and commissioning services to the mobile telecommunications sector. 

They offer access to reliable telecommunications infrastructure that helps rural communities bridge the digital divide, empowering education, improving health care, providing access to market information and improving lives in countless ways. They are dedicated to the cause of improving the human condition in the emerging and frontier markets, through the effective use of sustainable technologies.

Legacy Africa Capital Partners, through Legacy Africa Capital Partners Fund I, currently holds a 30% shareholding in the business.


From humble beginnings, Swartland has grown into a multifaceted building supplies manufacturer.

With distribution centres across the country, their fleet of trucks is able to deliver to hardware retail chains around South Africa and sub-Saharan Africa. 

Yet, despite the company’s enormous growth and diversification, what hasn’t changed are their traditional values of hard work and pride in their craft, the commitment to the people and the community, and their unwavering obsession with quality and delivering a quality experience.

Legacy Africa Capital Partners, through Legacy Africa Capital Partners Fund I, currently holds a 25% shareholding in the business.