Apis Partners Announces Exit

Sarona Asset Management is pleased to announce another exit from our SGGM private equity programme. Apis Growth Fund I has entered into an agreement to sell the whole of its interest in payment solutions provider Q Link Holdings Ltd to Sanlam Private Equity (“SPE”). SPE will obtain a majority stake in Q Link with the acquisition of shares from the Fund and other shareholders, and will continue to steer Q Link’s growth in the coming years. Further details can be found on the attached press release.