Ethos Private Equity Invests Additional ZAR100 Million in Transaction Capital (Sub-Saharan Africa)

Source: Transaction Capital

Ethos Private Equity, a fund manager based in South Africa, has invested ZAR100 million (approximately US$13 million) in Transaction Capital, a financial services company focusing on under-served communities in South Africa. This injection of capital is a follow-on to Ethos’ 2005 investment in ATM Solutions, a core business of Transaction Capital.