Tusker

Need legitimate BEE ownership but don't want to give away anything or lose control? We have tax efficient, reversible, battle-tested ownership solutions for any industry and business size.

Don't worry - we can help!

We help companies operating in South Africa achieve entirely legitimate BEE ownership levels without compromising actual ownership, profits or operational control.

With a track record spanning over seven years and over R1.2 billion in client BEE ownership deals under our management, we’re a trusted and legitimate partner in the BEE landscape.

What can we do for you?

Our size

We are 7+ years old. Our clients trust us to manage over R1.2Bn of their BEE ownership. We are a serious player for businesses from one shareholder to public, across any industry sector.

Legitimacy

We are a licensed financial service provider (FSP 49558) with external compliance oversight, and are SAVCA members.

Our international (and large) clients have chosen us after extensive due diligence by top law firms, accounting firms, and BEE advisors. What works for them will work for you.

We welcome review by any verification agency and our structure has been scrutinized by the B-B BEE commission.

By eliminating common concerns that hold back BEE deals we help to accelerate the transformation of the SA economy and the growth of our clients.

Performance

No client has ever left us – they’ve all seen improved competitive positioning after sorting out their BEE ownership through us.

BEE Ownership as a Strategic Advantage

We can help with any BEE % you need but, in our experience, most clients are solving for 51% BEE ownership because their customers demand it to optimise their procurement points (i.e. achieving this increases our clients’ competitive advantage). 

There is nothing to fear – we can help you get this right without giving away actual ownership or control. Our approach is entirely legitimate, tax efficient, cost effective, quick to implement, and reversible. 

So, how does one get BEE ownership right?

There are two ways to achieve legitimate BEE ownership: the ideal way is to have actual
black shareholders who pay a fair price for their shares, create value and who are
trustworthy people you’d love to sit next to on a long-haul flight.

However for those who can’t find these people, a variety of ‘deemed’ ownership approaches can be used instead including: 

  • Trusts
  • ESOPs
  • Asset sales
  • Flow-through & modified flow-through 
  • Otions 
  • Equity Equivalents, and 
  • Private Equity. 

All have their own rules and the ownership thus achieved is entirely legitimate and as valid as actual ownership if done within letter and spirit of the law.

We discuss Equity Equivalents and Private Equity more below. 

Equity equivalents set the scene

Foreign-owned companies operating in South Africa can use ‘Equity equivalents’ to achieve BEE ownership without giving up actual ownership or control. In this approach the SA operations are valued and the value equivalent to the desired BEE stake is invested into black companies under the supervision of the DTI. 

Equity equivalents firmly establish the concept of investing in black businesses in lieu of selling actual shares in your business, however they aren’t available to SA companies, can be expensive and take years to set up.

Private Equity is a better approach

Ownership using the BEE private equity rules can achieve the same results as equity equivalents for both local and foreign-owned companies, but it’s simpler, faster and much cheaper. This is the space where Tusker plays.

We are a 51% black-female owned, licensed  private equity fund managers (FSP 49558), and have developed a unique approach to BEE ownership using the private-equity rules. Using this approach you will stay the owners of, and in control of your business, but will invest in black businesses via funds we manage. Depending on the value placed on your business this can be very cost effective and BEE can change from being a compliance headache to being a great investment. 

That our approach works is demonstrated by the over R1.2 Bn of client funds under our management. We work with companies of any size, industry, or shareholding and will find an approach that works for you. 

To learn more, please Email Us and we’ll respond ASAP (or you can call us – contact numbers in the footer below). 

Who are we for?

Our diverse client base includes businesses of all sizes, from solo entrepreneurs to second-generation family enterprises, and large foreign multinationals. They share an understanding of the need for BEE ownership but don't want to change actual ownership, lose control, or risk fronting. Our approach is tax-efficient, can be implemented quickly, and is 100% legitimate.

Partner with us:

If you know business owners grappling with BEE ownership or who have yet to embark on a BEE deal, introduce them to Tusker. It's a quick and potentially lucrative endeavor. An introduction could earn you two months of management fees, making it a win-win opportunity.

Address

The Station, 63 Peter Place, Bryanston

Email

info@tusker.co.za

Phone

+27 83 274 8678 (Gareth)
+27 83 441 5323 (Des)

Drop Us Line

Musth Capital (Pty) Ltd.

FSP license 49558

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