The Benchmark South African Office has experienced extraordinary growth in the ten months following the company’s investment in Cape Town in response to demand to grow the African operations. The team is therefore proud to announce the opening of its Johannesburg office, the largest city in South Africa and one of the 50 largest urban areas globally.
Strategically, this expansion positions the company’s additional operations near the heart of the country’s wealthiest province, a full three months ahead of schedule. The early establishment of an office in this node was a decision necessitated by the level of activity Benchmark is engaged in with clients and buyers alike, and demonstrates the company’s continued
commitment and growing presence on the continent.
As a country, and in the context of Emerging Markets, South Africa has unparalleled potential as a destination for direct investment and features as one of the most dynamic and rewarding emerging market economies across the globe. As an M&A target region South Africa was recently ranked as the 28th most attractive destination for inbound M&A transactions globally. (According to Zephyr, a product of Bureau van Dijk).
Benchmark International’s Johannesburg office is headed up by Johann Haasbroek who, having worked with many of the current Benchmark team in the past, has extensive M&A, Corporate Finance and Banking experience.
Johann has concluded numerous successful transactions across a wide array of industries, many in conjunction with existing members of the team he is joining. Andre Bresler, Managing Director of Operations for Benchmark South Africa commented: “We are delighted to be a company capable of attracting individuals of Johann’s calibre and he brings a wealth of experience as well as sound relationships with a host of local and international corporate acquirers”
Benchmark International, and its unique bouquet of services, has swiftly taken route in the region over the past 10 months where the local operations have already grown to include some 30 qualified professionals. A number of transactions are in very advanced stages and expected to conclude in the short to medium term. “The momentum in our industry is palpable” explains Bresler, “we are experiencing strong appetite and deal cycles are certainly shortening in many sectors”. The efficiencies of a local deal team and the new office in Johannesburg is expected to have a very positive impact in an already active region for us.
The company’s new location at the landmark HQ building in Bedfordview is centrally located allowing easy access from the airport as well as JHB City, Sandton and surrounding areas. “We really could not have found a more perfect location for our requirements in Johannesburg” explains Bresler. The newly built HQ building is ideally positioned close to major transport nodes and easily accessible. The modern design, technology and infrastructure, as well as the proximity to clients and corporate companies alike provides innumerable benefits for both us and our clients.
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.
WE ARE READY WHEN YOU ARE.
Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkCorporate.com
Europe: Carl Settle at +44 (0)161 359 4400 / Settle@BenchmarkCorporate.com
Africa: Anthony McCardle at +2721 300 2055 / McCardle@BenchmarkCorporate.com