Kholo Capital Provides R275 Million in Mezzanine Debt Funding to South African ICT Distributor DCC Holdings
Kholo Capital has provided a mezzanine debt funding of R275 million (US$17 million) to DCC Holdings, a leading South African information and communications technology distributor. The funds will be used to refinance existing debt and support the company's long-term growth strategy across Southern Africa. DCC distributes products from global manufacturers such as HP, Dell, and Lenovo through an extensive network of resellers and retailers in the region. Founded in 1988, DCC has grown into a key player in the ICT supply chain with strong logistics capabilities and longstanding vendor relationships. The funding is part of Kholo Capital's strategy to optimize capital structures for sustainable growth. Kleoss Capital, which backs DCC, expressed support for this transaction as it aligns with broader momentum in South Africa’s private markets. DCC plans to leverage the new financing alongside its existing partnerships and vendor relationships to expand further.
Topics: funding growth strategy refinancing