Roelof Bonnet

Roelof Bonnet

Director

Roelof Bonnet is a Director in our Corporate and Commercial practice. His experience includes mergers and acquisitions, corporate finance, joint ventures and the formation, structuring and restructuring of business entities. Roelof regularly advises prominent listed and private companies across a range of sectors, including manufacturing, mining, construction, technology and private equity.

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Roelof began his career as a Candidate Attorney at Cliffe Dekker in 2005. In 2007 he was admitted as an Attorney and a Notary Public and was appointed as an Associate. In September 2008, following the merger between Cliffe Dekker and Hofmeyr Herbstein and Gihwala, Roelof continued as an Associate in the merged firm. In January 2009 Roelof was promoted to Senior Associate and on 1 April 2011 was appointed as a Director.

  • Advised Ethos Mid Market Fund I on its acquisition of an interest in Kevro (Africa’s largest value-add supplier of corporate and promotional apparel)
  • Advised Net1 in respect of its acquisition of a 15% direct shareholding in Cell C (one of the largest cellular network providers in South Africa) for a consideration of ZAR 2 billion, in the context of the larger recapitalisation plan for Cell C which resulted in Cell C's net indebtedness being reduced from approximately ZAR 19.5 billion to less than ZAR 6 billion
  • Advised Net1 in respect of its acquisition of a 45% direct shareholding in DNI (the largest wholesaler of Cell C starter packs in South Africa) for a consideration of ZAR 945 million
  • Advised a consortium comprising RMB Corvest, RMB Ventures and the Mineworkers Investment Company on its acquisition (alongside re-investing management) of Universal Industries Corporation (a South African, sub-Saharan leader in food preparation and hospitality equipment)
  • Advised Ethos Mid Market Fund I on its acquisition of an interest in MTN Zakhele Futhi (the purpose of the MTN Zakhele Futhi scheme is to provide the black public South African public with an opportunity to participate in the ownership of MTN, one of the largest cellular network providers in South Africa)
  • Advised Nedbank Private Equity and the other shareholders (including founders) of Little Green Beverages (LGB) in respect of their exit from Little Green Beverages to Ethos Private Equity, and their re-investment into the newly structured group
  • Advised Net1 on its acquisition of a direct 30% shareholding in Bank Frick & Co AG (a fully licensed bank based in Balzers, Liechtenstein)
  • Advised Zungu Investments in respect of its exit from Taquanta Asset Managers
  • Advised Liviero construction group and its shareholders on its BEE transaction with the Masimong group
  • Advised Net1 on its acquisition of a direct shareholding in One MobiKwik Systems Private Limited (MobiKwik) in India (MobiKwik is India's largest independent mobile payments network)
  • Advised Net1 on its acquisition of Masterpayment AG (a specialist payment services processor based in Munich, Germany)
  • Advised Metier private equity on its acquisition of Retailability (a fashion apparel retail group targeting the low to lower-middle income consumers in Southern Africa)
  • Advised Agile Capital (formerly Zico Capital) on its acquisition of a direct shareholding in the Goldrush group (a diversified African gaming group with interests in Sports Betting, LPM Route operations, Bingo and Casinos)
  • Advised the Villa Crop Protection group and its shareholders in respect of its group restructure and subsequent disposal to Land' O Lakes Inc
  • Advised Mpact Limited on its acquisition of Remade Holdings (a South African collector and trader of recyclable material)
  • Advised Net 1 on its acquisition of a 25% interest in One Credit, a Nigerian consumer finance company
  • Advised Foodcorp on the disposal by it of its fishing division to Oceana
  • Advised Kagiso Tiso Holdings on the disposal by it of its entire indirect shareholding interest in Bytes Technology Group (a subsidiary of Altron)
  • Advised Sentula Mining Limited on the disposal by unreserved public auction of the remaining moveable equipment of its subsidiary Megacube (a JSE category 1 transaction)
  • Advised Net1 on the acquisition by it of the Fihrst payment processing and administration business carried on by Alexander Forbes
  • Advised Tiso Group in its merger with Kagiso Trust Investments to form Kagiso Tiso Holdings (Proprietary) Limited
  • Advised Net1 on its secondary listing on the JSE Limited
  • Advised Stocks Limited on its merger with Stefanutti & Bressan Holdings Limited
  • Advised Meeg Bank Limited in relation to the acquisition by Absa Group Limited, by way of scheme of arrangement, of the entire issued share capital of Meeg Bank Limited
  • Advised EnviroServ Limited on the acquisition by Absa Capital Private Equity of the entire issued share capital of EnviroServ Limited by way of a scheme of arrangement, and its subsequent delisting and restructure
  • Best Lawyers International 2018-2019 listed Roelof for corporate law.

Education

  • BCom LLB, Rand Afrikaans University (now known as the University of Johannesburg)
  • Year of admission as Attorney and Notary Public: 2007

Memberships

  • Law Society of the Northern Provinces