Benchmark International successfully facilitated the acquisition of 50% of MEGA-Melvill Equipment Group Africa (Pty) Ltd by Pace Capital (Pty) Ltd

Benchmark International successfully facilitated the acquisition of 50% of MEGA-Melvill Equipment Group Africa (Pty) Ltd by Pace Capital (Pty) Ltd

Benchmark International is proud to announce the successful facilitation of Pace Capital (Pty) Ltd's acquisition of 50% of MEGA-Melvill Equipment Group Africa (Pty) Ltd. This transaction sets the foundation for MEGA-Melvill Equipment Group Africa (Pty) Ltd‘s continued strength and sustainability, positioning the company for rapid growth and enduring success.

Pace Capital specialises in acquiring well-established, profitable businesses that are facing an ownership transition. They emphasise continuity of and work with business owners on flexible exit options, whether an immediate sale or a phased transition. Their valuation and acquisition process is tailored to be straightforward and transparent, with a focus on businesses with strong margins, simple models, and a positive reputation.

Commenting on the acquisition, Justin Lewis, founder of Pace Capital, stated: “MEGA is an exceptional family business with a strong reputation and deep industry roots. Brett and the team have built a great foundation for success.  What stood out most for me, though, was the opportunity to work with such a capable and committed team, especially Simon Raab and Claire Raab, who continue to lead the company from strength to strength.”

MEGA – Melvill Equipment Group Africa (Pty) Ltd traces its roots back to a small Durban-based service business founded in 1992. This legacy remains at the heart of our values, delivering exceptional customer care and long-term partnerships. Over the decades, MEGA has evolved into a global leader in the supply of commercial and industrial laundry equipment, driven by consistent innovation, integrity and a strong family culture established by founders Gavin and Brett Melvill. Backed by world-renowned brands including Electrolux Professional Laundry and LG Commercial Laundry, we pride ourselves on being the partner of choice for businesses seeking laundry solutions that stand the test of time, deliver outstanding results and minimise resource consumption.

Our Business is Selling Your Business.

Brett Melvill, co-founder of MEGA - Melvill Equipment Group Africa (Pty) Ltd, commented on the acquisition: “I’m excited about the next evolution under Justin, Simon, and Claire’s leadership. It has been a remarkable journey, and I look forward to seeing the business take the next steps toward building a brighter future for our people. The past two decades have brought immense joy and fulfilment, both personally and professionally. MEGA is a truly unique group of people who continue to delight our customers and deliver exceptional value in the wonderful world of laundry.”

Simon Raab, MD of MEGA – Melvill Equipment Group Africa (Pty) Ltd, added: “I’m excited to welcome Justin Lewis to MEGA, and I look forward to having a successful future together. Justin brings a wealth of business knowledge and experience to our team, with a strong background in finance and a focus on supporting staff and implementing efficient systems to assist our continued growth. We’ve already built a solid working relationship, and I’m confident that we will take the business to new heights. I would also like to extend my sincere thanks to Brett for our partnership over the past six years. I’ve learned a great deal about the laundry industry from him and am truly grateful for his support and contribution to the company.”

Zelda de Kock, Senior Associate at Benchmark International, stated: “I’m delighted with the successful conclusion of this transaction. It has been an absolute pleasure engaging with parties of such calibre and integrity who, throughout the process, demonstrated mutual respect and remained focused on constructive dialogue, consistently avoiding emotional negotiation. Working alongside such forward-thinking individuals has been both rewarding and inspiring and I’m confident this partnership lays a strong foundation for sustained and meaningful future success.”

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