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Leaf Capital takes significant minority stake in Wellness Warehouse

Leaf Capital, the Cape Town-based corporate advisory, private equity and property fund management firm, is taking a significant minority stake in Wellness Warehouse. The deal is being transacted through Leaf Capital Infinitus, the firm’s open-ended fund that was established in early 2013.

Wellness Warehouse is specialist retailer of healthcare and wellness products which it sells through a network of 16 brick-and-mortar stores in South Africa as well as through its online store. The business, which was launched in 2007, met a number of key investment criteria for Leaf Capital, which typically looks for defensible, scalable businesses with strong management teams and excellent growth prospects. As consumers look to make healthier food and lifestyle choices, the opportunity for Wellness Warehouse and its portfolio of premium health can wellness products and services is felt to be considerable.

Terms of the deal were not disclosed.

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