
Our Entrepreneurial Legacy
Founded in 1992 as a subsidiary of Infotech, Technicare specialised in technology support services and was acquired by IBM in 1998.
Mobile Data, an Infotech subsidiary, was established to develop smart vehicle tracking technology. It later entered into a joint venture with Wesbank before being sold in 2007 to Tracker, South Africa’s largest vehicle tracking company.
Mergon co-founded FREI in 2019 to become a mobile virtual network enablement platform. Mergon exited the business in 2024.
In 1994 Francois co-founded Atterbury with Louis van der Watt to build a commercial real estate business that would become a cornerstone investment of Mergon. Today Atterbury is a leading South African real estate developer. Mergon substantially exited Atterbury in 2008 but still retains a small indirect interest.
Attventure is a South African based real estate company that Mergon co-founded in 2006. Attventure has invested in commercial and residential real estate with its main current investment being an interest in Atterbury Property.
Attacq, established in 2006, is a commercial real estate fund co-founded by Mergon. It was listed on the JSE in 2014, with Mergon exiting in 2017.
In 2007, Mergon made an early-stage investment in Renewable Energy Holdings (REH), South Africa’s first independent developer of small-scale hydropower projects. Mergon exited the investment in 2021 to a private equity impact fund.
Mergon co-founded 4PL in 2007 as South Africa’s first 4th party logistics company, exiting in 2021 to a BBBEE private equity fund. Today, 4PL Group and its subsidiaries lead the supply chain and transport services in Southern Africa.
In 2010 Mergon invested in IX Online, which became a leading provider of online marketing solutions to South Africa’s motor industry. Mergon exited the investment in 2013.
Mergon co-founded Mertech Marine in 2004, now the global leader in recovering and recycling out-of-service submarine telecommunication cables. Mergon exited this investment in 2024 to a private equity fund focused on sustainable environmental solutions.
Argosy co-founded easyGym in 2010 as an innovative low-cost gym offering operating in the UK. The business was exited to The Gym fitness group in 2017.
