Sanari Capital has reached financial close on its R475-million (US$25-million) private equity fund, which will be deployed towards South African companies with strong EBITDA generation and regional or global potential for investment. Sanari Capital is a private equity firm established in 2013 to invest in companies in the lower and mid-market within South Africa and the rest of Africa. Sanari Capital specialises in founder-run, owner-managed, and family-owned businesses bringing corporate best practice to entrepreneurial settings. The firm has invested in EduLife, Fernridge, Snapt, Jaycor and Sensor Networks among others.