Sanari Capital acquires 51% stake in Fernridge Solutions South Africa

Sanari Capital has acquired Fernridge Solutions, a geo spatial data and solutions provider that has a data reach to 140 African cities. Fernridge Solutions was founded in 2002 and now has the ability to provide insights to clients based on a location oriented decision-making processes. The deal value is undisclosed but is expected to assist with the company’s expansion strategy as well as achieve a majority black ownership structure.


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