Successes

Appointed by Dutch Bank ABN AMRO to assist in various debt recovery initiatives in respect of ABNO’s South African operation.

Appointed by ABB Equity Ventures Bv. to dispose of their 100% interest in Kruger Mpumalanga International Airport (“KMIA”), a mandate which Praxley successfully retained for some 6 (six) years.

Appointed joint advisor to the Postbank on a successful corporate restructure in conjunction with global consulting giant
AT Kearney. 

Successfully advised on the sale of a 30% equity stake in Gravure Cylinders (Pty) Limited (“Gravure”) to a BEE Consortium structured and funded by Praxley.

Successfully capitalised and launched Praxley Human Capital, an Executive Search company boasting clients such as Sasol, BP, ABB, Lion of Africa and Telkom to name but a few. 

Successfully advised on the sale of a 24% equity stake in NATCO SA International Transports (Pty) Limited (“NATCO”) to a BEE Consortium structured and funded by Praxley.

Successfully advised on the sale of a 26% equity stake in Trempak Trading (Pty) Limited (“Trempak”) to a BEE Consortium structured and capitalised by Praxley.

Appointed sole advisor to On Digital Media (Pty) Limited (“ODM”) to secure capital for the launch of Top TV with Praxley successfully raising some R800 million in debt and equity funding from the Industrial Development Corporation of South Africa (“IDC”) the Development Bank of South Africa (“DBSA”) and the National Empowerment Fund (“NEF”) to ensure the successful launch of Top TV in 2010. 

Advised on the formation of Didget Printing (Pty) Limited (“Didget”) and successfully secured the requisite capital for Didget to commence operation.

Successfully advised on the sale of a 30% equity stake in ITB Manufacturing (Pty) Limited (“ITB”) to a BEE Consortium structured and funded by Praxley Private Equity and the Industrial Development Corporation of South Africa ("IDC").

Successfully advised on the sale of an additional 23% equity stake in Gravure to the BEE Consortium that was structured and funded by Praxley.

Negotiated and successfully secured the funding for Gravure to acquire the property from which it operates in Benoni. 

Appointed by Synergy Freight (Pty) Limited (“Synergy”) to conclude a BEE transaction culminating in Praxley successfully disposing of 26% of the issued share capital in Synergy to Nozala Investments (Pty) Limited (“Nozala”). 

Successfully advised on the sale of a 71% equity stake in Natal Rubber Group to Praxley Consortium Six (Pty) Limited which included Nozala and successfully raised debt in excess of R40 million to fund the leveraged investment transaction.

Successfully capitalised Lerechabetse Advanced Products (Pty) Limited (“LAP”) on the back of a BEE transaction in terms of which a BEE Investment Consortium acquired 50% of LAP. 

Advisor to Ms Monhla Hlahla on strategies and negotiating tactics pertaining on how best to divest of her 5% shareholding in Lereko Investments (Pty) Limited (“Lereko”) resulting in a successful exit being orchestrated by Praxley in respect of Ms Hlahla’s shareholding in Lereko later the same year. 

Successfully advised Synergy Freight (Pty) Limited (“Synergy”) on the acquisition of Krew Logistics (Pty) Limited (“Krew”) culminating in Synergy acquiring Krew which remains the cornerstone of Synergy’s operations in Cape Town.

Successfully advised publically listed Indian conglomerate GMR Group Limited on the acquisition of South African based Homeland Mining and Energy (Pty) Limited.

Successfully raised R67,2 Million in funding from the Industrial Development Corporation of South Africa ("IDC") (R27,2 Million) and The National Empowerment Fund (R40 Million) for the production the Feature Film entitled "WINNIE" which premiered in 2013, having Jennifer Hudson and Terrence Howard playing he lead roles.

Successfully formed and capitalised Nkonki Praxley Corporate Finance (Pty) Limited, a joint venture between well-known auditors Nkonki Inc. and Praxley, with Praxley becoming the Corporate Finance division of Nkonki Inc.

Successfully raised R20 million in funding for Natal Rubber Compounders (Pty) Limited to acquire a new rubber compound mixer. 

Successfully concluded the R850 million Capital Raising for ODM and its operating company Top TV with the IDC, DBSA and NEF. 

Successfully advised and concluded an acquisition of a 39% equity stake in Galaxy Jewellers (Pty) Limited (“Galaxy”) by a BEE Investment Consortium comprising Praxley and Galaxy Management. 

Successfully advised on the sale of a 26% equity stake in Tyres 2000 (Pty) Limited to a BEE Consortium structured and capitalised by Praxley.

Successfully advised Universal Healthcare (Pty) Limited (“Universal”) on the purchase of a 19% equity stake in Universal from ABSA Bank by a BEE Consortium structured and capitalised by Praxley.

Advisor to South African Airways SOC Limited on a recapitalisation by National Treasury which enabled SAA to successfully restore solvency and avoid going concern issues which were being raised at the time. 

Successfully advised Telkom SA Limited on the proposed sale of a minority equity interest in Telkom SA Limited to
Korean Telecom. 

Successfully advised NATCO on the acquisition of an additional 10% equity stake in NATCO from the founding shareholders by NATCO management and Praxley, with Praxley acquiring a direct equity stake in NATCO.

Successfully advised on the acquisition of a 26% equity stake in Clive Morris Productions (Pty) Limited by a BEE Investment Consortium that was structured by Praxley.

Successfully advised Imperial Holdings Limited on the disposal of JD Group’s 50% shareholding in Ariva to Merchant West Holdings (Pty) Limited.

Successfully advised on the sale of a 15% equity stake in Galaxy Jewellers (Pty) Limited (“Galaxy”) to Caratco (Pty) Limited (“Caratco”), the South African subsidiary of Rosy Blue the multinational manufacturer and polisher of rough and polished diamonds.

Successfully concluded the sale of a 30% equity stake in Gravure Health by Praxley Consortium (Pty) Ltd.

Successfully advised Nuvo Rubber Compounders (Pty) Limited (“Nuvo Rubber”) on the acquisition of Bearcat Tire CC (“Bearcat”) which was culminated in Nuvo Rubber acquiring 100% of Bearcat. 

Advised GD Irons Construction (Pty) Limited (“GD Irons”) on a transformation strategy resulting in a successful joint venture being established between GD Irons and highly regarded BEE investment group in the form of Thebe Investments (Pty) Limited.

Advised Caratco on the acquisition of the entire shareholding of Galaxy which was successfully concluded.

Successfully advised Clear Asset (Pty) Limited (“Clear Asset”) on BEE transaction culminating in Thebe Investments (Pty) Limited acquiring 51% of Clear Asset. 

Star Times, one of the largest digital terrestrial and satellite television companies in the world, acquired ODM and Top TV out of Business Rescue and paid Praxley its outstanding Success Fees owing to Praxley in respect of the ODM Capital Raising of R800 million from the IDC, DBSA and NEF. 

Structured and secured a large Debtor Financing Facility for Machine Tool Promotions (Pty) Ltd, which facility was accorded by Merchant Factors.

Successfully advised Browns The Diamond Store (Pty) Limited ("Browns") on the acquisition of a minority shareholders interest in Browns and assisted in preparing a detailed valuation of Browns for the purpose of concluding the acquisition of the minority shareholders interest. 

Advised on the successful acquisition of ITB by JSE listed Novus Holdings Limited for a combined purchase consideration of some R250 million.

Praxley successfully acquired the entire shareholding held by Mr Mafison (Murphy) Morobe in Mamu-Realeka Investments (Pty) Ltd.

The Praxley Group made Law and set legal precedent in South Africa following litigation against Werksmans Attorneys and subsequently taking this Litigious Matter on Appeal (Case No A5074/15). The Legal Precedent, often referred to as the “Praxley Judgement”, was established on the back of a reported judgement where it was held that Clients are unable to have an Attorney’s Invoice for Fees “Taxed” once an Invoice has been paid by a Client.

Successfully advised shareholders on the sale of a 26% equity stake in HSJ Landgoed (Pty) Limited, t/a “Technoarts” to Equity Investors.

Successfully advised Nuvo Holdings (Pty) Limited on the buy-back of its BEE shareholding previously held by Nozala Investments (Pty) Limited.

Praxley's co-founder, Monhla Hlahla, appointed to the board of NATCO, to drive growth initiatives at NATCO.

Successfully advised HSJ Landgoed (Pty) Limited t/a Technoarts, on the acquisition of Zevoli 224 (Pty) Ltd.

Successfully acquired a significant equity stake in JSE Listed Ellies Holdings Limited on behalf of a mandated client.

Praxley and Investec Bank Limited successfully disposed of the respective shareholding in NATCO for a significant return of their initial investment.

In January 2020, Praxley provided assistance to FTI Consulting and Kreston Johannesburg Inc. in compiling an Independent Valuation Report on the various Investee Companies comprising the Praxley Group i.e. The Praxley Private Equity Portfolio.

In the second half of 2020, Praxley increased its shareholding in the following two Praxley Group companies:

Nuvo Rubber Compounders (Pty) Limited and the entire Nuvo Rubber Group; and

Technoarts and its wholly owned subsidiary, Zevoli.

In late 2020, Praxley acquired a portion of Monhla Hlahla’s shareholding in two of the Praxley Group Investee Companies while ensuring that she still remained a significant shareholder in numerous other entities comprising the Praxley Group.

Successfully structured, negotiated and concluded the sale of a 40% shareholding in Technoarts by well-known Limpopo Businesswoman, Ms Claudine Mac Lean.

Praxley Private Equity successfully acquired Red Coral (Pty) Limited, a Gauteng based property investment holding company.

Successfully structured, negotiated and concluded the sale of a 50% shareholding in Somnicento (Pty) Limited (“Somnicento”), a Limpopo based commercial property investment holding company.

Successfully concluded a share-buy-back and shareholder restructuring of previously black-owned Andulucia Trading (Pty) Limited (“Andulucia”) on behalf of Andulucia’s largest single shareholder.

In late 2023, Monhla Hlahla (a founding shareholder of Praxley) was appointed to the board of CGN Transportation (Pty) Limited (“CGN”), a Praxley Group company previously trading as Praxley Consortium 3 (Pty) Limited. CGN owns 24% of Natco International Transports (Pty) Limited.

Praxley acquired a 50% equity interest in Capivest Wealth & Investments, a Cape Town based registered Financial Services Provider (“FSP”) and is now ideally positioned to provide Wealth Management and Investment Advisory Services to Ultra-High-Net-Worth Individuals (many of whom are existing clients of Praxley).

In mid-2024, Praxley successfully assisted in civil litigation against Bahwaduba Bus Services (Pty) Limited (“BBS”), a company owned and managed by the well-known Bishop Barnabas Lekganyane of the Zion Christian Church (“ZCC”), wherein BBS was ordered by the Polokwane High Court to pay Praxley’s client a significant amount as well as all their legal costs incurred in the litigation. Praxley had a “watching brief” and performed the role of non-legal Advisor on strategy and tactics to be followed in this successful high-profile litigation.

In October 2024, the Praxley Group concluded another property acquisition and became the largest single shareholder in a well-known Game Lodge in the Limpopo Province.