• one capital

    One Capital is an independent corporate advisory firm in South Africa providing differentiated, strategic and financial advice to its clients.

    One Capital's professionals have in excess of 60 years combined corporate finance and advisory experience and have initiated and executed a number of DealMakers® top rated transactions across a variety of sectors. The One Capital ethos is one of committed teamwork with a collective focus on ethics, swift execution, quality and excellence. One Capital prides itself on the innovative ideas, comprehensive strategies and bespoke solutions provided to clients based on the strength of the firm’s intellectual capital and experience.

    One Capital acquired the entire issued share capital of Barnard Jacobs Mellet Corporate Finance (Pty) Limited (“BJM Corporate Finance”) from the then JSE listed company, Barnard Jacobs Mellet Holdings Limited, during 2010 and BJM Corporate Finance became a wholly-owned subsidiary of One Capital. One Capital renamed and re-branded BJM Corporate Finance to One Capital Sponsor Services (Pty) Limited and it trades under the One Capital name and brand.
  • services

    One Capital provides strategic advice and JSE sponsor services to clients across various industries. Our services include advice on:

    • Mergers and Acquisitions
    • Equity and Debt Raisings
    • Secondary Equity Placements and Sell-downs
    • Divestments and Restructurings
    • Capital and Balance Sheet Optimisation
    • Listings
    • Fairness Opinions (JSE and Takeover Regulation Panel)
    • JSE Listings Requirements
    • JSE Debt Listings Requirements
  • team
    Cobus Human
    Cobus Human
    CEO
    Cobus co-founded One Capital in 2009 and serves as CEO of the firm. He has over 17 years of corporate finance experience.
    CA(SA)
    Sholto Simpson
    Sholto Simpson
    Executive Director
    Sholto co-founded One Capital in 2009 and serves as a director of the firm. He has over 10 years of corporate finance experience across various types of corporate actions.
    CA(SA) | JSE Equity and Debt Approved Executive
    Tristin Lee
    Tristin Lee
    Director
    Tristin joined One Capital in May 2012 and serves as a director of the firm. He has more than 8 years of corporate finance experience and has successfully advised on numerous transactions across all aspects of corporate finance and spanning a broad range of industries.
    CA(SA) | JSE Equity Approved Executive
    Neil Schultz
    Neil Schultz
    Director
    Neil joined One Capital during 2010. Prior to joining One Capital, he worked as a Senior Associate with PwC Caymans focusing on hedge funds, private equity funds and funds of funds.
    CA(SA) | CFA | JSE Equity Approved Executive
    Taryn Carter
    Taryn Carter
    Head: Sponsor Division

    B.BusSc (Hons) (Finance) (University of Cape Town)

    Taryn joined One Capital in July 2015 and serves as a manager in One Capital’s sponsor services division. She has over 5 years of corporate finance experience and has specific expertise in the provision of regulatory advice in respect of corporate actions, independent experts and reporting accountants.

    Prior to joining One Capital, Taryn was a manager in KPMG’s Johannesburg Deal Advisory Team. Taryn has worked on a number of local and cross-border listings and associated transactions.

    JSE Equity Approved Executive
  • recent transactions
      • CAPITALWORKS PRIVATE EQUITY

      • JUNE 2017

      One Capital acted as Sole Corporate Advisor to Capitalworks Private Equity SP GP Proprietary Limited, acting in its capacity as general partner of Special Purpose Acquisition Partnership I, and CorpVent 100 Limited on the acquisition of the entire issued share capital and delisting of Petmin Limited from the JSE. Approximate deal value: R830 million.

      • NORTHAM PLATINUM LIMITED

      • MAY 2017

      One Capital acted as Sole Corporate Advisor and Transaction Sponsor to Northam Platinum Limited on the disposal of its 7.5% interest in Pandora Joint Venture. Approximate deal value: R46 million.

      • NORTHAM PLATINUM LIMITED

      • February 2017

      One Capital acted as Sole Corporate Advisor and Transaction Sponsor to Northam Platinum Limited on the acquisition of the Eland Platinum mine and related assets from Glencore Operations South Africa (Pty) Ltd. Approximate deal value: R175 million.

      • Northam Platinum Limited

      • October 2016

      One Capital acted as Sole Corporate Advisor and Transaction Sponsor to Northam Platinum Limited on the acquisition of contiguous additional resources at Zondereinde mine from Anglo American Platinum Limited. Approximate deal value: R1 billion.

      • NORTHAM PLATINUM LIMITED

      • MAY 2016

      One Capital acted as Sole Corporate Advisor, Arranger, Dealer and Debt Sponsor to Northam Platinum Limited on the issue of R175 million five year senior unsecured fixed rate notes under its R2 billion Domestic Medium Term Note Programme. Approximate deal value: R175 million.

      • PAN AFRICAN RESOURCES PLC

      • MAY 2016

      One Capital acted as South African Bookrunner and JSE Sponsor to Pan African Resources PLC on a vendor consideration placing, comprising two separate but simultaneous and co-ordinated vendor consideration placings in the United Kingdom and South Africa. Approximate deal value: R363 million.

      • PAN AFRICAN RESOURCES PLC

      • MAY 2016

      One Capital acted as Sole Corporate Advisor and Transaction Sponsor to Pan African Resources PLC on the acquisition of a further 33.6% interest in Shanduka Gold Proprietary Limited from Jadeite Limited. Approximate aggregate deal value for Pan African’s acquisition of SBSA’s and Jadeite’s interest in Shanduka Gold: R545.6 million.

      • PAN AFRICAN RESOURCES PLC

      • FEBRUARY 2016

      One Capital acted as Sole Corporate Advisor and Transaction Sponsor to Pan African Resources PLC on the acquisition of a 6.9% interest in Shanduka Gold Proprietary Limited from Standard Bank of South Africa Limited. Approximate deal value: Confidential.

      • Northam Platinum Limited

      • February 2016

      One Capital acted as Sole Corporate Advisor, Arranger, Dealer and Debt Sponsor to Northam Platinum Limited on the private placement of new domestic medium term notes with the Industrial Development Corporation. Approximate deal value: R250 million.

      • Zambezi Platinum (RF) Limited

      • May 2015

      One Capital acted as Sole Corporate Advisor, Sole Bookrunner and Transaction Sponsor on the listing of Zambezi Platinum (RF) Limited on the Main Board of the JSE, pursuant to Northam Platinum Limited’s empowerment transaction. Approximate deal value: R6.6 billion.

      • Northam Platinum Limited

      • March 2015

      One Capital acted as Sole Bookrunner and Transaction Sponsor to Northam Platinum Limited on the secondary placement of Eurasian Natural Resource Corporation’s (ENRC) 13% equity interest in Northam to institutional shareholders. Approximate deal value: R2.5 billion.

      • NORTHAM PLATINUM LIMITED

      • February 2015

      One Capital acted as Sole Corporate Advisor and Transaction Sponsor to Northam Platinum Limited on the acquisition of the Everest Mine and related assets from Aquarius Platinum. Approximate deal value: R450 million.

      • BLACKSTAR GROUP SE

      • February 2015

      One Capital acted as Sole Corporate Advisor and Transaction Sponsor to Blackstar Group SE on its acquisition of the entire issued ordinary share capital of Times Media Group Limited not already owned by it by way of a scheme of arrangement. Approximate deal value: R2.1 billion.

      • Tiso Investment Holdings

      • December 2014

      One Capital acted as Sole Corporate Advisor to Tiso Investment Holdings and the Tiso Foundation Charitable Trust on the disposal of their 22.9% interest in Kagiso Tiso Holdings to Blackstar Group SE. Approximate deal value: R2.1 billion.

      • LITHA HEALTHCARE GROUP LIMITED

      • October 2014

      One Capital acted as Sole Corporate Advisor and JSE Transaction Sponsor to Litha Healthcare Group on the offer by Paladin (Endo) to acquire 100% of Litha Healthcare via a scheme of arrangement and the related delisting of Litha Healthcare Group. Approximate deal value: R464 million.

      • NORTHAM PLATINUM LIMITED

      • October 2014

      One Capital acted as Sole Corporate Advisor, Bookrunner and Transaction Sponsor to Northam Platinum on its innovative empowerment transaction which incorporated a rights offer for and listing of preference shares in Zambezi Platinum Limited, the specific issue of Northam shares to Zambezi Platinum and the acquisition by Zambezi Platinum of Northam shares from the Public Investment Corporation. Approximate deal value: R6.6 billion.

      • DRDGOLD LiMITED

      • March 2014

      One Capital acted as Corporate Advisor and Transaction Sponsor to DRDGOLD on the acquisition of the 20% and 6% interests in Ergo Mining Operations held Khumo and DRDSA Empowerment Trust, respectively. Approximate deal value: R193 million

      • Metair Investments Limited

      • October 2013

      Independent Sponsor to Metair on its acquisition of the Mutlu Akü group, a Turkish group of companies, for USD277 million and the related equity and debt capital raising in an aggregate amount of R3.3 billion. Approximate deal value: R6 billion.

      • Northam Platinum Limited

      • September 2013

      Sole Corporate and Debt Advisor, Bookrunner and Transaction Sponsor to Northam Platinum on its capital raising programme comprising a fully subscribed R600 million claw back rights offer, the procurement of a new R400 million revolving credit facility and the restructuring of existing debt facilities in an amount of R1 billion, pursuant to which a special covenant holiday on all earnings related covenants for three future measurement periods was obtained. Approximate deal value: R2 billion.

      • Business Connexion Group Limited

      • August 2013

      Sole Corporate Advisor and JSE Transaction Sponsor to Business Connexion on its voluntary offer and alternative scheme offer to reacquire Business Connexion’s “A” Shares which resulted in the reacquisition of a portion of and delisting of all the “A” Shares by way of a scheme of arrangement between Business Connexion and the holders of "A” Shares. Approximate deal value: R95 million.

      • Northam Platinum Limited

      • July 2013

      Arranger and JSE Debt Sponsor to Northam Platinum on the tap issue of a further R120 million in senior unsecured floating rate notes under its R2 billion Domestic Medium Term Note Programme. Approximate deal value: R120 million.

      • Northam Platinum Limited

      • September 2012

      Arranger, JSE Debt Sponsor and Sponsor to Northam Platinum on the issue of R1.25 billion three year senior unsecured floating rate notes under its R2 billion Domestic Medium Term Note Programme and the subsequent tap issue for R120 million during July 2013. Approximate deal value: R1.37 billion.

      • Pan African Resources PLC

      • August 2012

      Lead Corporate Advisor, Sole Bookrunner and Sole Transaction Sponsor to Pan African Resources on the acquisition of Harmony Gold Mining Company Limited's entire interest in Evander Gold Mines Limited and the related R700 million equity capital raise and R600 million debt restructuring. Approximate deal value: R2.8 billion

      • DRDGOLD LIMITED

      • FEBRUARY 2012

      Corporate Advisor to DRDGOLD in respect of its disposal of all its shares in and claims against Blyvooruitzicht Gold Mining Company to Village Main Reef Limited.  Approximate deal value: R200 million.

      • UNISYS CORPORATION

      • January 2012

      Corporate Advisor to Unisys Corporation, a NYSE listed company, in respect of the disposal of its entire interest in Unisys Africa to Bytes Technology Group. Approximate deal value: Confidential.

      • UCS GROUP LIMITED

      • July 2011

      Corporate Advisor, Sponsor and Transaction Sponsor to UCS in respect of the re-acquisition of a portion of its issued share capital by way of a scheme of arrangement between UCS and its shareholders and the subsequent delisting of UCS from the exchange operated by the JSE Limited. Simultaneous to this process, acting as Corporate Advisor to UCS in respect of the treatment, execution and settlement of various instruments and transactions implemented and executed in conjunction with the scheme and the delisting. Approximate deal value: R250 million.

      • Metorex Limited | DealMakers Deal of the Year

      • July 2011

      Joint Corporate Advisor and sole Transaction Sponsor to Metorex on the acquisition by Jinchuan Group Limited of the entire issued share capital of Metorex by way of a scheme of arrangement. Approximate deal value: R9.1 billion.

      • Metorex Limited

      • April 2011

      Joint Corporate Advisor and sole Transaction Sponsor to Metorex on the acquisition by Vale S.A. of the entire issued share capital of Metorex by way of a scheme of arrangement. Approximate deal value: R7.5 billion.

      • Mvelaphanda Resources Limited

      • February 2011

      Independent Professional Expert to Mvelaphanda Resources for the acquisition by Northam Platinum Limited of the entire issued ordinary share capital of Mvelaphanda Resources by way of a scheme of arrangement. Approximate deal value: R1 billion.

      • Northam Platinum Limited

      • February 2011

      Independent Professional Expert and Transaction Sponsor to Northam for the related party acquisition by Northam of the entire issued ordinary share capital of Mvelaphanda Resources Limited by way of a scheme of arrangement.  Approximate deal value: R1 billion.

      • UCS Group Limited

      • December 2010

      Corporate Advisor and Transaction Sponsor to UCS for the disposal of its major assets to Business Connexion Group Limited.  Approximate deal value: R706 million.

      • Sovereign Food Investments Limited

      • October 2010

      Corporate Advisor, Lead Bookrunner and Transaction Sponsor to Sovereign for its fully subscribed rights offer. Approximate deal value: R150 million.

      • Metorex Limited

      • September 2010

      Corporate Advisor to Metorex for its recapitalisation and disposal of the Consolidated Murchison operations, a division of Metorex, to To The Point Growth Specialists. Approximate deal value: R105 million.

      • Santam Limited

      • June 2010

      Independent Expert Advisor to Santam for its acquisition of the remaining 53% shareholding in Indwe Broker Holdings Group Limited. Approximate deal value: R263 million.

      • Omnia Holdings Limited

      • May 2010

      Corporate Advisor, Lead Bookrunner and Transaction Sponsor to Omnia for its fully subscribed rights offer. Approximate deal value: R1 billion.

      • Metorex Limited

      • February 2010

      Corporate Advisor, Lead Bookrunner and Transaction Sponsor to Metorex for its fully subscribed rights offer. Approximate deal value: R900 million.

      • Metorex Limited

      • February 2010

      Corporate Advisor and Transaction Sponsor to Metorex for its USD200 million debt restructuring. Approximate deal value: R2.4 billion.

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