IT players in need of a cash injection and a savvy business partner to attain the next level of success could try approaching a young and wellfunded investment company with a particular interest in hi-tech.

Sigma Capital wants to forge deals worth about R100 million and take a seat on the board to help grow the businesses it selects. “The IT industry is continuing to evolve, so from a long-term perspective, we see it as an attractive area to go into,” says Phuti Mahanyele, the co-founder and chairperson. “We will look for opportunities in the IT sector and definitely put our capital into it.”