Lekkeslaap

Transaction overview

IPI invested alongside Bellair Road through a dedicated investment vehicle, while Investec Leveraged Finance provided debt funding into the acquisition structure. The transaction forms part of Investec’s broader Western Cape strategy, supporting a high-quality, homegrown growth business with a strong presence in the region. The investment also reflects Investec's commitment to backing scalable South African businesses and supporting opportunities that contribute to the country's domestic tourism economy while broadening access to local travel. 

We are delighted to partner with Investec on this transaction. Their ability to provide investment capital, acquisition financing and additional access into bank, coupled with their understanding of our growth ambitions for LekkeSlaap, made them a valuable partner throughout the process. We look forward to supporting the next phase of growth for this leading South African travel platform - Marcel Boezaart, Partner at Bellair Road Investment Partners

About LekkeSlaap

Founded in 2013, LekkeSlaap is South Africa's leading local accommodation booking platform, offering a diverse selection of more than 40,000 properties across Southern Africa. The business operates an asset-light, technology-enabled marketplace connecting travellers with accommodation providers, including holiday homes, hotels, guesthouses, lodges and more. With a trusted local brand and a highly localised value proposition, LekkeSlaap has established itself as a leading player in South Africa's online travel industry. 

About Bellair Road Investment Partners

Bellair Road Investment Partners is a private equity firm specialising in long-term growth investments across Southern Africa. It has held a variety of assets in its portfolio, including Montego Pet Nutrition, Econo Foods, DC Foods, Finmon and Freedom of Movement. Bellair Road focuses on long-term growth investments by partnering with entrepreneurs and management teams, combining patient capital, expertise and networks to accelerate growth and create long-term value.