RMB Ventures
In the context of private equity, value creation generally centres on maximising returns for shareholders. However, we believe that value should be created for all stakeholders. Maximising value creation requires a holistic approach to growing a business in a way that benefits not only shareholders, but all stakeholders and society at large. This approach empowers businesses to reach their full potential across a broader spectrum of metrics than simply how much profit they generate.
A growing global awareness of how businesses can have an impact, both positive and negative, on a variety of environmental, social and governance (ESG) factors, has spotlighted the concept of shared value. Challenges like resource consumption, waste production, climate change, poverty, education, unemployment, corruption and governance matter to stakeholders – not just shareholders, but customers, partners, and the communities we operate in.
RMB Ventures (“RMBV”) and Bopa Moruo Private Equity (“Bopa Moruo”), alongside management, has acquired a majority stake in Icon Oncology Holdings (“Icon”) which is a leading provider of cancer treatment in South Africa. Since inception, Icon and its subsidiaries Icon Radiotherapy, Icon Chemotherapy and Icon Managed Care have pioneered the move to value-based care (VBC) in cancer treatment in South Africa.
In an era where informed decision-making is the cornerstone of effective leadership, the advent of Artificial Intelligence (AI) stands as a transformative force in the business landscape. AI is redefining the parameters of operational efficiency and profitability, presenting leaders with an unprecedented opportunity to steer their organisations towards a future ripe with potential.