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Corporation
FINANCIAL | Asset/Financial Management
sanlam.co.za

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Investments

11

Portfolio Exits

3

Funds

1

Partners & Customers

10

About Sanlam

Sanlam is a financial services group, originally established as a life insurance company in 1918. The company demutualised and listed on the JSE Limited and Namibian Stock Exchange in 1998. Sanlam is a pioneer in transformation and the Ubuntu-Botho transaction in 2004 reinforced its position as a leading financial services group, underpinned by quality BEE leadership and a comprehensive strategy to ensure meaningful and broad-based participation across South Africa.

Sanlam Headquarter Location

2 Strand Road

Bellville,

South Africa

+27 21 947-9111

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Sanlam Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Sanlam Rank

Latest Sanlam News

Sanlam’s transaction to acquire additional stake in SAHAM lapses

Jan 4, 2022

03/01/2022 A transaction announced in May last year regarding Sanlam’s plans to acquire an additional 22.8% interest in Saham Assurance has lapsed. Should the deal have completed, Sanlam would own a 84.5% stake in the company, At the time, and subject to a number of conditions, the South African financial services company said it had raised its direct and indirect interest by buying 22.8% of the issued shares from Mr. Said Alj through two entities for USD 137mn. In an announcement, the JSE-listed company stated that the conditions precedent to the transaction were not fulfilled and have lapsed and the company’s stake remains at 61.7%. TAGS

Sanlam Investments

11 Investments

Sanlam has made 11 investments. Their latest investment was in ARC Financial Services Sub as part of their Corporate Minority on December 12, 2020.

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Sanlam Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/21/2020

Corporate Minority

ARC Financial Services Sub

$50M

Yes

1

6/2/2020

Secondary Market

FBNInsurance

Yes

1

11/4/2017

Corporate Minority

Sanlam Indie

$0.7M

Yes

1

8/15/2017

Corporate Minority

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$99M

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10

5/30/2017

Debt

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$99M

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10

Date

12/21/2020

6/2/2020

11/4/2017

8/15/2017

5/30/2017

Round

Corporate Minority

Secondary Market

Corporate Minority

Corporate Minority

Debt

Company

ARC Financial Services Sub

FBNInsurance

Sanlam Indie

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Amount

$50M

$0.7M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

1

10

10

Sanlam Portfolio Exits

3 Portfolio Exits

Sanlam has 3 portfolio exits. Their latest portfolio exit was Sanlam - Retirement Fund Administration Business on December 06, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/6/2021

Divestiture

$99M

1

9/13/2021

Divestiture

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$99M

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10

7/7/2020

Merger

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10

Date

12/6/2021

9/13/2021

7/7/2020

Exit

Divestiture

Divestiture

Merger

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

1

10

10

Sanlam Acquisitions

7 Acquisitions

Sanlam acquired 7 companies. Their latest acquisition was NSIA - Life and Non-Life Insurance Activities on September 23, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/23/2021

$99M

Acquired Unit

2

1/7/2019

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$99M

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10

3/8/2018

Other

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$99M

$99M

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10

10/16/2017

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$99M

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10

8/10/2017

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$99M

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10

Date

9/23/2021

1/7/2019

3/8/2018

10/16/2017

8/10/2017

Investment Stage

Other

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

Note

Acquired Unit

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Sources

2

10

10

10

10

Sanlam Fund History

1 Fund History

Sanlam has 1 fund, including Sanlam Private Equity Infrastructure Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/31/2008

Sanlam Private Equity Infrastructure Fund

Fund Of Funds

Closed

1

Closing Date

12/31/2008

Fund

Sanlam Private Equity Infrastructure Fund

Fund Type

Fund Of Funds

Status

Closed

Amount

Sources

1

Sanlam Partners & Customers

10 Partners and customers

Sanlam has 10 strategic partners and customers. Sanlam recently partnered with Absa Group on October 10, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

10/5/2021

Partner

Absa Group

South Africa

Sanlam and Absa to combine investment management businesses Absa Investments comprises Absa Asset Management, Absa Alternative Asset Management, Absa Fund Managers (excluding the Absa Prudential Money Market Fund) and Absa Multi Management.

Sanlam , Africa 's largest non-banking financial services group , and Absa , one of Africa 's largest diversified financial services groups , today announced that they have reached an agreement to combine their investment management businesses in a transaction which will result in an asset management company with assets under management , administration and advice in excess of R1 trillion .

2

8/31/2021

Vendor

WANdisco

United States

WANdisco - WANdisco Wins Contract with Top African Financial Services Group

WANdisco and its partners provided Sanlam with great support during the product evaluation .

2

8/12/2021

Distributor

MTN Group

South Africa

MTN plans to bring digital insurance and investment services to Africans in partnership with Sanlam

Speaking on the partnership , MTN Group President and CEO Ralph Mupita expressed that the collaboration offers MTN Group the opportunity to enhance its existing offering and provide more value-added services to its customers .

4

7/10/2019

Partner

MTN Group

South Africa

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10

3/26/2019

Vendor

AQMetrics

Ireland

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10

Date

10/5/2021

8/31/2021

8/12/2021

7/10/2019

3/26/2019

Type

Partner

Vendor

Distributor

Partner

Vendor

Business Partner

Absa Group

WANdisco

MTN Group

MTN Group

AQMetrics

Country

South Africa

United States

South Africa

South Africa

Ireland

News Snippet

Sanlam and Absa to combine investment management businesses Absa Investments comprises Absa Asset Management, Absa Alternative Asset Management, Absa Fund Managers (excluding the Absa Prudential Money Market Fund) and Absa Multi Management.

Sanlam , Africa 's largest non-banking financial services group , and Absa , one of Africa 's largest diversified financial services groups , today announced that they have reached an agreement to combine their investment management businesses in a transaction which will result in an asset management company with assets under management , administration and advice in excess of R1 trillion .

WANdisco - WANdisco Wins Contract with Top African Financial Services Group

WANdisco and its partners provided Sanlam with great support during the product evaluation .

MTN plans to bring digital insurance and investment services to Africans in partnership with Sanlam

Speaking on the partnership , MTN Group President and CEO Ralph Mupita expressed that the collaboration offers MTN Group the opportunity to enhance its existing offering and provide more value-added services to its customers .

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Sources

2

2

4

10

10

Sanlam Team

17 Team Members

Sanlam has 17 team members, including current Chief Executive Officer, Bongani Madikiza.

Name

Work History

Title

Status

Bongani Madikiza

Old Mutual, and Sun International

Chief Executive Officer

Current

Rob McJannet

PwC, and Lehman Brothers

Chief Executive Officer

Current

Andre Rheeder

Chief Executive Officer

Current

Johan van der Merwe

Chief Executive Officer

Current

Azola Zuma

Chief Executive Officer

Current

Name

Bongani Madikiza

Rob McJannet

Andre Rheeder

Johan van der Merwe

Azola Zuma

Work History

Old Mutual, and Sun International

PwC, and Lehman Brothers

Title

Chief Executive Officer

Chief Executive Officer

Chief Executive Officer

Chief Executive Officer

Chief Executive Officer

Status

Current

Current

Current

Current

Current

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