How [Praxley] made a difference to some Clients
Some Salient Non-Confidential Transactions Successfully Concluded by Praxley
We started here
2003
Appointed by Dutch Bank ABN AMRO to assist in various debt recovery initiatives in respect of their South African operation.
2003
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.
2004
Appointed joint advisor to the Postbank on a successful corporate restructure in conjunction with global consulting giant AT Kearney.
2005
Successfully advised on the sale of a 10% equity stake in Gravure Cylinders (Pty) Limited (“Gravure”) to a BEE Consortium structured and funded by Praxley.
2005
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.
2006
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.
2006
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.
2006
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.
2006
Advised on the formation of Didget Printing (Pty) Limited (“Didget”) and successfully secured the requisite capital for Didget to commence operation.
2007
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 Developement Corporation of South Afice ("IDC").
2007
Successfully advised on the sale of an additional 23% equity stake in Gravure to the BEE Consortium that was structured and funded by Praxley.
2007
Negotiated and successfully secured the funding for Gravure to acquire the property from which it operates in Benoni.
2008
Successfully advised on the sale of a 70% 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.
2008
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.
2008
Praxley Private Equity concluded the acquisition of The NUVO Group for and on behalf of the Management and a BEE consortium.
Praxley Private Equity concluded a 30% acquisition if ITB Manufacturing (Pty) Limited (“ITB”).
2009
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.
2009
Successfully advised publically listed Indian conglomerate GMR Group Limited on the acquisition of South African based Homeland Mining and Energy (Pty) Limited.
2009
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, as well as the prequel “A MILLION COLOURS”.
2010
Successfully negotiated and secured the funding for Monhla Hlahla Investments (Pty) Limited (“MHI”) to acquire an additional shareholding in Praxley.
2010
Successfully formed and capitalised Nkonki Praxley Corporate Finance (Pty) Limited, a joint venture between well-known auditors Nkonki Inc. and Praxley.
2010
Successfully raised R20 million in funding for Natal Rubber Compounders (Pty) Limited to acquire a new rubber compound mixer.
2010
Successfully concluded the R850 million Capital Raising for ODM and its operating company Top TV with the IDC, DBSA and NEF.
2011
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.
2012
Successfully advised on the sale of a 26% equity stake in Tyres 2000 (Pty) Limited to a BEE Consortium structured and capitalised by Praxley.
2012
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.
2012
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.
2012
Successfully advised Telkom SA Limited on the proposed sale of a minority equity interest in Telkom SA Limited to Korean Telecom.
2012
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.
2013
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.
2013
Successfully advised Imperial Holdings Limited on the disposal of JD Group’s 50% shareholding in Ariva to Merchant West Holdings (Pty) Limited.
2013
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.
2013
Successfully concluded the sale of a 30% equity stake in Gravure Health by Praxley Consortium (Pty) Ltd.
2014
Successfully formed and capitalised Praxley Corporate Finance (Africa) (Pty) Limited, a Namibian based corporate finance advisory firm having as its local Namibian partners Black Diamond Investments.
2015
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.
2016
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.
2016
Advised Caratco on the acquisition of the entire shareholding of Galaxy which was successfully concluded.
2016
Successfully advised Agri Renaissance SA (Pty) Limited (“Agri Renaissance”) on a shareholder restructure and capital raising resulting in the recapitalisation of Agri Renaissance.
2016
Successfully advised Clear Asset (Pty) Limited (“Clear Asset”) on BEE transaction culminating in Thebe Investments (Pty) Limited acquiring 51% of Clear Asset.
2016
Successfully concluded a Due Diligence for China Huayang Economic and Trade Group (Hong Kong) Co. Limited in respect of a South African acquisition in the resource industry.
2016
Star Times, one of the largest digital terrestrial and satellite television companies in the world, acquired ODM and Top TV out of Business Rescue 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.
2017
Structured and secured a large Debtor Financing Facility for Machine Tool Promotions (Pty) Ltd, which facility was accorded by Merchant Factors.
2017
Successfully advised Browns The Diamond Store (Pty) Limited ("Browns") on the acquisition of a minority shareholders interest in Browns and asssisted in preparing a detailed valuation of Browns for the purpose of concluding the acquisition of the minority shareholders interest.
2017
Advised on the successful acquisition of ITB by JSE listed Novus Holdings Limited for a combined purchase consideration of some R250 million.
2017
Successfully aquired the entire shareholding held by Mr Mafison (Murphy) Morobe in Mamu-Realeka Investments (Pty) Ltd.
2017
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.
2018
Successfully advised shareholders on the sale of a 26% equity stake in HSJ Landgoed (Pty) Limited, t/a “Technoarts” to Equity Investors.
2018
Successfully advised Nuvo Holdings (Pty) Limited on the buy-back of its BEE shareholding previously held by Nozala Investments (Pty) Limited.
2018
Successfully structured and raised the capital for the LSP Group to acquire a commercial property measuring some 20.2 hectares in extent from Grinaker – LTA Prop (Pty) Limited.
2018
Praxley's co-founder, Monhla Hlahla, appointed to the board of NATCO, to drive growth intiatives at NATCO.
2019
Successfully advised HSJ Landgoed (Pty) Limited t/a Technoarts, on the aquisition of Zevoli 224 (Pty) Ltd.
2019
Successfully aquired a significant eqiuity stake in JSE Listed Ellies Holdings Limited on behalf of a mandated client.
2019
Praxley and Investec Bank Limited successfully disposed of the respective shareholding in NATCO for a significant return of their initial investment.
2020
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.
2020
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.
2020
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.
2022
Successfully structured, negotiated and concluded the sale of a 40% shareholding in Technoarts by well-known Limpopo Businesswoman, Ms Claudie Mac Lean.
2022
Praxley Private Equity successfully acquired Red Coral (Pty) Limited, a Gauteng based property investment holding company.
2023
Successfully structured, negotiated and concluded the sale of a 50% shareholding in Somnicento (Pty) Limited (“Somnicento”), a Limpopo based commercial property investment holding company.
2023
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.
2023
In late 2023, Monhla Hlahla 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.
2024
In early 2024, Praxley acquired a 50% equity interest in 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).
2024
In mid-2024, Praxley successfully assisted in a 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 performed the role of non-legal Advisor on strategy and tactics to be followed in this successful high-profile litigation.
2024
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.

