Isipho Capital Holdings (Pty) Ltd (“Isipho”) announced the acquisition of 80% shares in Mr Coach (Pty) Ltd (“MrCoach”), a local company specializing in Ambulance, Mobile Clinics, Hearses, Bus and other conversions. With 7 year history under the leadership of the founder Ms Hazel Angus, Mr Coach has created in niche in this sector historically in the KZN Province.
This acquisition affords Isipho to offer a basket of solutions in the Automotive Sector. It compliments the solutions offered by Kholeka Engineering and brings about additional value to Smith Capital who are sister companies in the group.
Post conclusion of this transaction, Mr Coach will attain a level 2 Majority Women Owned BBBEE company with more than 51% Women Black Ownership.