BSM Investments

to drive Partnering long-term growth LEARN ABOUT BSM INVESTMENTS
WELCOME TO BSM INVESTMENTS
At BSM Investments, we are more than just investors- we are long-term partners committed to preserving legacies and fostering sustainable growth. As the investment arm of the BSM Group, we specialise in partnering with family-owned and small-to-medium enterprises (SMEs) to drive transformational growth through flexible, patient capital solutions. Unlike traditional private equity firms, we operate with the agility of a family office while maintaining the rigorous investment principles of private equity.
Our Vision

To be recognised as the premier middle-market investor and a permanent source of capital for SME private companies, making us the first choice for entrepreneurs and executives seeking a partner for growth.

OUR MISSION

To partner with entrepreneurs, family businesses, and industry leaders to drive sustainable expansion by providing permanent risk capital, strategic guidance, and operational expertise.

Our Investment Philosophy

Long-Term Value Creation:

We focus on building sustainable value over the long term, rather than short-term gains.

Operational Excellence

We believe in driving operational improvements within our portfolio companies to enhance efficiency and profitability.

Strategic Partnerships

We forge strong partnerships with management teams, working collaboratively to achieve shared goals.

Disciplined Investment Approach

We adhere to a rigorous investment process, conducting thorough due diligence to mitigate risk.

Targeted Sector Expertise

We concentrate on sectors where we possess deep industry knowledge, allowing us to identify and capitalise on unique opportunities.

Adaptability and Innovation

We embrace adaptability and innovation, constantly seeking new ways to create value and stay ahead of market trends.

WHO WE ARE

We apply a “buy and build” playbook for transformational growth. With our vast network, extensive M&A and deal making experience and unparallelled operational, business rescue and restructuring expertise, our goal is to provide the necessary capital, operational expertise and networks to help businesses grow for generations to come.

To Us, Working Together is Personal​

The everyday consumer drives our nation’s economy. At BSM Investments, we invest in companies creating genuine, customer-centric experiences

We like companies that have:

Strong Roots

An entrepreneurial origin story with deep roots in its local community.

A Growth Story

Strong businesses are growing businesses.

A Great Brand

An authentic, customer-and-product-obsessed presence in their communities with recognised brand equity.

A Fragmented Market

Multiple ways to win together.

Strong and Experienced Leaders

Business is hard. Leadership matters.

How we approach our collaborative partnerships

We know firsthand that it takes hard work and sacrifice to build and own a successful business. We don’t want to dismantle an owner/seller’s legacy. Our goal is for owners to transition with pride and have confidence in their business’ future. We facilitate a smooth leadership handoff that maintains continuity for employees and customers alike.

Legacy

We work with business owners to transition their legacies to the next generation.

Partnership

We create custom transition plans for each business owner and seller with variable timetables.

Growth

Our unparalleled operational, M&A and restructuring experience allows us to turbocharge growth, allowing owners and sellers the peace of mind to pass us the torch with ultimate confidence.

Value

We add value by leveraging our in-house transaction service and M&A teams, providing us with the ideal platform and ability to execute bolt-on acquisitions (vertical and horizontal), provide in-depth financial analyses and strategic value add to our partners.

Collective Network

Our extensive network allows us to, among others, open new channels for revenue growth, bring additional funding partners to the fore and establish new relationships with various financial institutions.

With a deal-by-deal investment model, we empower entrepreneurs, management teams, and industry leaders to unlock growth, operational efficiency, and strategic expansion. Our approach is not just about capital – it’s about leveraging deep industry expertise, hands-on operational support, and an extensive investment network to create sustainable, long-term value.

OUR TEAM

At BSM Investments, our strength lies in our exceptionally skilled and experienced team. With deep expertise in Mergers & Acquisitions (M&A), private equity, corporate finance, and business transformation, we bring a distinct competitive edge to every investment we make. Our ability to source, structure, and execute deals effectively is backed by a track record of successful transactions and strategic growth initiatives.

Our collective M & A skillset and investment expertise allow us to:

Source high-value investment opportunities through our extensive network.

Execute transactions efficiently with in-house financial and commercial due diligence.

Create long-term value by partnering with entrepreneurs and management teams.

Provide strategic capital solutions that align with business growth objectives.

Jacques Russouw

Investment Principal

Patrick Birkett​

Investment Committee Member

Dean McHendrie

Investment Committee Member

Shaun Stewart

Investment Committee Member

Ready to Partner with Us?

Connect with us today to explore potential investment opportunities!

Peter van den Steen

Peter van den Steen

B.Sc Chemical Engineering (SA)

Investment Committee Member

Peter has a true passion for turnarounds and restructuring. He is a licensed and accredited Senior Business Rescue Practitioner.Chemical/Process Engineer and project manager, Turnaround Specialist, Licensed and Accredited Senior Business Rescue Practitioner.
Before committing his career full-time to the business rescue and turnaround space, Peter worked in production, design, project management, technology development and commercialization and business development in the minerals and mining environment.Exposure to turnarounds already from the early stages of his career.Solid experience in the publicly listed and unlisted environments with international investors, note holders, shareholders, lenders, and regulators/administrators within the Business Rescue context. China, Australia, Canada, USA, UK, Switzerland.

Dave Lake

Dave Lake

B.Bus.Sc (Fin) Hons (SA)

Investment Committee Member

Dave brings over 30 years of extensive experience in investment banking and financial services, with two decades dedicated to corporate finance advisory, notably as a former Managing Director at NM Rothschild. Recognized as South Africa's Dealmaker of the Year in 2011, his expertise spans strategy formulation, M&A, restructuring, and capital raising. He has led advisory teams on numerous landmark South African transactions, including the acquisition of Absa by Barclays and Massmart by Walmart, and completed the Unisa course on Business Rescue Law, holding a license as a Senior Business Rescue Practitioner. He also serves as a non-executive director and advisor to a wide range of prominent companies.

Dean McHendrie

Dean McHendrie

BCom (Hons), CA (SA)

Investment Committee Member

Dean is a corporate finance executive and founding director of Birkett Stewart McHendrie. He is a UCT graduate and qualified Chartered Accountant who co-founded the business in 2015 after having served his accounting articles at EY followed by 4 years at Investec Bank’s Investment Banking and Corporate Finance division. Over the course of Dean’s corporate finance and advisory career, he has advised several clients, across numerous sectors, on the successful implementation and conclusion of multiple M&A transactions, capital raises, private equity transactions, IPOs, corporate restructurings and transaction services including independent financial due diligences and valuations. He is passionate about working with his clients and solving for complex matters that are presented in most transactions.

Shaun Stewart

Shaun Stewart

B Bus Sci (Finance) (Hons), CA (SA), CFA

Investment Committee Member

Shaun is a corporate finance executive and founding director of Birkett Stewart McHendrie. He is a qualified Chartered Accountant and Chartered Financial Analyst. Shaun co-founded the business in 2015 after having worked at Investec Bank Limited for seven years. Shaun has advised clients on a number of significant mergers and acquisitions, disposals, corporate restructures, capital raises, and listings, and has developed an expertise in the property sector.

Patrick Birkett

Patrick Birkett

B Bus Sci (Finance) (Hons), CA (SA)

Investment Committee Member

Patrick is a corporate finance executive and founding director of Birkett Stewart McHendrie. He is a qualified Chartered Accountant and co-founded the business in 2015 after having worked at AfrAsia and Investec Bank Limited. Patrick has advised clients on a number of significant mergers and acquisitions, IPO’s, private equity transactions, corporate restructurings and listings and has an in-depth knowledge of distressed M&A and the business rescue environment in South Africa.

Jacques Russouw

Jacques Russouw

Investment Principal

BAcc (Hons), CA(SA)

Jacques Russouw is the Investment Principal at Birkett Stewart McHendrie, where he oversees the firm's investment division. He joined the company in 2024, bringing extensive experience from his previous role as a Senior Transactor in the private equity division at African Alliance, a multinational investment banking group. Prior to this, Jacques worked within Birkett Stewart McHendrie's corporate finance division and was involved with a boutique family office, where he focused on identifying and investing capital in both listed and private companies.

He is a qualified Chartered Accountant, having completed his articles with PwC in 2016.