Deal Street

African Startup Funding Tracker

$192,255,000+

*Data updated daily at 18:00 EAT

South African Asset Management Company Futuregrowth Buys Stake In TTG
South African Asset Management Company Futuregrowth Buys Stake In TTG

South African asset management company Futuregrowth has bought a significant stake in Thebe Tourism Group (TTG), alongside its senior management. The investment also includes ownership of concession to the iconic Cape Point, one of the top tourist destinations in Cape Town.

Formed in 2001, TTG focuses on both domestic and international markets, providing its products and services across related industries ranging from inbound and outbound tourism, car rentals, group travel, attractions, hospitality, and business tourism.