The Tsebo Group Welcomes You to the Future of Quality Outsourcing Solutions Today

Tsebo Outsourcing Group is South Africa's leading black-owned hospitality services and facilities management company with seven primary operating divisions: Fedics, Drake & Scull FM (SA), Invalu, Tsebo Retail Services, Tsebo Cleaning Services, Equality Reef Services and Equality Reef Services.

Fedics, the catering division, provides a range of multi-services that complement its core business of outsourced catering. Clients range from corporations to educational and healthcare institutions, industrial, construction, mining and remote sites

Absa Capital buys private equity stake in one of Southern Africa's largest outsourcing groups

Absa Capital announced that it has acquired a 49.9% equity stake in Tsebo Outsourcing Group (Tsebo), one of the largest black empowered hospitality and facilities management companies, including Fedics and Drake and Scull, in Southern Africa with annual turnover in excess of R2bn.

This follows the exit by Ethos Private Equity after eight years.

The remaining 50.1% shareholding will see Tsebo 's management increase their stake to 20%, with existing empowerment partner Nozala Investments and new empowerment partner Lereko Investments acquiring 30% shareholding, split equally.
The remaining 0.1% will be held in a trust for future allocation.

Black Economic
Empowerment

The Tsebo Outsourcing Group has been awarded a broad Level 2 BBBEE contributor status according to the DTI Scorecard.

Operating
Divisions

Fedics is the food services division of South Africa's leading black-owned hospitality services and facilities management company, Tsebo Outsourcing Group, formerly known as the Fedics Group.

Drake & Scull is a leading provider of integrated facilities management services to the corporate and government sector in South Africa.

Tsebo Retail Services offers fit-for-purpose branded solutions into appropriate locations such as coffee shops within the health care sector and selected corporate and retail locations.

Tsebo Cleaning Services is a specialist service based upon the most scientific and efficient global cleaning practices requiring expertise in areas such as equipment and cleaning systems.