Aureos Buys into South Africa's Sandbox

Aureos Southern Africa Fund has acquired a 30% equity stake in Sandbox Holdings, a South African provider of electronic building management and security services and business software. No financial terms were disclosed.

PRESS RELEASE 

Aureos Southern Africa Fund (ASAF) has acquired a 30% equity stake in South African company Sandbox Holdings. ASAF is an initiative of Aureos Capital, one of the leading private equity fund management companies specializing in investing in small to mid-cap businesses in emerging markets.

 

Sandbox Holdings is a leading provider of electronic building management and security services and business software in South Africa. It has two main operations: