InfrastructureSpecialistGroupCaseStudy

In 2013, RMB Ventures in a consortium with Capitalworks and management, acquired three non-core businesses owned by Murray and Roberts, namely Technicrete, Rocla and Ocon in a single composite transaction under a unified management team and a new holding company known as the Infrastructure Specialist Group or ISG.  

ISG is the market leader in the supply of precast concrete and formed products to the infrastructure, construction, building, mining and sanitation sectors across Southern Africa. The investment thesis was premised on acquiring a portfolio of well-established businesses with market leading positions under a solid management team, with upside potential in more buoyant market conditions. Even in tough market conditions, value was expected to be unlocked through executing on immediate and realisable cost-savings and efficiency gains in the businesses.