Investment Portfolio
pORTFOLIO
OUR INVESTMENT PORTFOLIO
DALIFF PRECISION ENGINEERING
Daliff is a leader in the field of machined components for the aerospace, avitronics, electronics and defence industries within South Africa with the highest standard in machined components and continuous improvement in machining techniques.
Adinah Capital Partners, along with executive management acquired 33% of Daliff in December 2013.
For more information, visit www.daliff.co.za
- Date Acquired: December 2013
- Date Of Exit: June 2018
- Equity: 33%
- Category: Engineering / Manufacturing
STONE-STAMCOR
As a major power solutions provider to the electrical and motion control industries in South Africa, Stone-Stamcor has been a leader in the manufacture of lugs, ferrules and other electrical products for over 70 years.
Adinah, on behalf of its equity funds under management, acquired 40% of Stone Stamcor in May 2014.
For more information, visit www.stonestamcor.co.za
- Date Acquired: May 2014
- Equity: 40%
- Category: Engineering / Manufacturing
BIOCOM AFRICA
Biocom Africa produces leading products for diagnostic and research use across Africa. Products are used by researchers in the biotechnology fields, hospitals, clinic laboratories, private institutes and academic & research institutions.
Adinah, on behalf of its equity funds under management, acquired 45% of Biocom Africa in March 2017.
For more information, visit www.biocombiotech.co.za
- Date Acquired: March 2017
- Equity: 45%
- Category: Biotechnology / Healthcare
Escape Gear
Escape Gear is a local manufacturer of custom fit cotton seat covers for any vehicle. In addition, Escape Gear manufactures a range of vehicle protection accessory products for any customer; from the 4×4 enthusiast to the Soccer mom transporting messy children.
Adinah, on behalf of its equity funds under management, acquired 52% of Escape Gear in February 2018.
For more information, visit https://www.escapegear.com/
- Date Acquired: February 2018
- Equity: 100%
- Category: Equipment Distribution
LJI International
LJI International is a business specialising in the sourcing and servicing of cash processing equipment in South Africa. It currently supplies equipment to the financial services sector, with the opportunity to grow into sectors which use cash as part of the ordinary course of business.
Adinah, on behalf of its equity funds under management, acquired 80% of LJI in March 2019.
For more information, visit https://lji.co.za/
- Date Acquired: March 2019
- Equity: 100%
- Category: Equipment Distribution
Dale Carnegie Training South Africa
Dale Carnegie South Africa is the South African franchise of the global Dale Carnegie organisation, and has been delivering leadership, communication, and professional development training in the country for over 50 years, helping individuals and organisations improve performance, engagement, and business results.
Adinah, on behalf of its equity funds under management, acquired 90% of Dale Carnegie Training South Africa in February 2020.
For more information, visit www.dalecarnegietraining.co.za
- Date Acquired: 1 February 2020
- Equity: 100%
- Category: Education
ARC ONLINE
ARC Online is a business analytics company that delivers technology, database and information solutions for organizations across Africa and beyond. It’s business intelligence tools connect information databases, information suppliers and organizations and define best practice standards within the information, verification and database management sector.
Adinah acquired 35% of Arc Online in May 2014 and exited the investment in January 2016.
For more information, visit www.arc-africa.com
- Date Acquired: May 2014
- Date Of Exit: June 2017
- Equity: 35%
- Category: Analytics
BRANDQUANTUM
BrandQuantum is a brand consistency and governance solution that is accessed via the MS Office suite. BrandQuantum provides fast access to up to date, compliant and consistently branded documents whilst leveraging current intranet and MS Office productivity tools.
Adinah acquired 44% of BrandQuantum in June 2014.
For more information, visit www.brandquantum.com
- Date Acquired: June 2014
- Date Of Exit: November 2018
- Equity: 44%
- Category: Brand Consistency / Brand Security
KINOVI
Kinovi is a new Montessori pre-school group aimed at nurturing children independently of cultural and political affiliations. Its primary goal is to prepare children to be human beings capable of advancing and preserving planet earth for a sustainable future including ensuring all children are school ready at the appropriate time and age.
Adinah acquired 79% of Kinovi Group in October 2016..
For more information, visit www.kinovi.com
- Date Acquired: October 2016
- Date Of Exit: October 2020
- Equity: 79%
- Category: Education
ANDANI FUTURETECH MANUFACTURING
Andani Futuretech Manufacturing is a new South African industrial company, global in its approach and operational in Africa. It provides its customers with a comprehensive suite of advanced manufacturing capabilities, focusing on the manufacture and assembly of metallic components into both sub-assemblies and complete products.
Andani seeks to be the supply partner of choice to local and global OEM’s for their outsourced requirements.
Adinah co-founded Andani with Daliff and Fabrinox in February 2015.
For more information, visit www.andanift.com
- Date Acquired: February 2015
- Date Of Exit: March 2021
- Equity: 33%
- Category: Manufacturing
ADINAH INFRASTRUCTURE INVESTMENTS
Adinah setup its maiden property investment vehicle to co-invest and invest strategically alongside its established business and start up venture portfolio, as well as investing tactically in property and infrastructure assests.
- Date Acquired: November 2016
- Equity: 100%
- Category: Real Estate
OUR HISTORY
TIMELINE
December 2013
ADINAH CAPITAL PARTNERS

Adinah was founded in 2013 with the sole focus in making private company, start-up venture and tactical investments in South and Sub-Saharan Africa.
December 2013
DALIFF PRECISION ENGINEERNG

Adinah Capital Partners, along with executive management acquired 33% of Daliff in December 2013.
May 2014
STONE-STAMCOR

Adinah, on behalf of its equity funds under management, acquired 40% of Stone Stamcor in May 2014.
May 2014
ARC ONLINE

Adinah acquired 35% of Arc Online in May 2014 and exited the investment in January 2016.
June 2014
BRANDQUANTUM

Adinah acquired 25% of BrandQuantum in June 2014.
February 2015
ANDANI FUTURETECH MANUFACTURING

Adinah co-founded Andani with Daliff and Fabrinox in February 2015.
October 2016
KINOVI

Adinah acquired 79% of Kinovi Group in October 2016.
November 2016
ADINAH INFRASTRUCTURE INVESTMENTS

Adinah setup its maiden property investment vehicle to co-invest and invest strategically alongside its established business and start up venture portfolio, as well as investing tactically in property and infrastructure assests.
May 2017
BIOCOM AFRICA

Adinah, on behalf of its equity funds under management, acquired 45% of Biocom Africa in March 2017.
June 2017
ARC Online

Adinah on behalf of its private equity funds under management exited its stake in ARC Online
February 2018
Escape Gear

Adinah, on behalf of its private equity funds under management, acquired 52% of Escape Gear
March 2018
S12J VCC Fund

Adinah Growth Partners, a S12J VCC fund is launched
June 2018
Daliff Precision Engineering

Adinah on behalf of its private equity funds under management exited its stake in Daliff Precision Engineering
November 2018
BrandQuantum

Adinah on behalf of its private equity funds under management exited its stake in BrandQuantum
February 2019
S12J VCC Fund

First close of the S12J VCC Fund February 2019
March 2019
LJI International

Adinah on behalf of its private equity funds under management acquired 80% of LJI International
February 2020
Dale Carnegie

Adinah on behalf of its private equity funds under management acquired 90.1% of Dale Carnegie South Africa
October 2020
Kinovi

Adinah on behalf of its private equity funds under management exited its stake in Kinovi
March 2021
Andani

Adinah on behalf of its private equity funds under management exited its stake in Andani
September 2021
LJI International

Adinah on behalf of its private equity funds under management acquired an additional 10% of LJI International to take the ownership to 90%
February 2022
Adinah Capital Holdings

Adinah consolidated its individual SPVs into a single permanent capital vehicle (Adinah Capital Holdings), formally launching the platform on 1 March 2022 to enable long-term, scalable, and more efficient capital deployment.
March 2022
Escape Gear

Adinah on behalf of its permanent capital vehicle acquired an aditional 30% of Excape Gear to take the ownership to 82%
July 2024
Escape Gear

Adinah on behalf of its permanent capital vehicle acquired an aditional 18% of Escape Gear to take the ownership to 100%
April 2025
S12J VCC Fund

Closure of the S12J VCC Fund April 2025
June 2025
Dale Carnegie

Adinah on behalf of its its private equity funds under management acquired an additional 9.9% of Dale Carnegie South Africa to take the ownership to 100%
July 2025
LJI International

Adinah on behalf of its permanent capital vehicle acquired an additional 10% of LJI International to take the ownership to 100%