Ismail Makda

Ismail Makda

Johannesburg, South Africa
T: +27 11 669 9394
  • Overview
  • Experience


Ismail Makda is an associate in the Mergers and Acquisitions Practice of our Johannesburg office.

He has a BCom degree with law and tax majors, an LLB degree and a post graduate diploma in taxation all from the University of the Witwatersrand.

Specialist Services

Relevant Experience

Ismail has assisted in various deals, including: 

  • Bowmans acted for African Infrastructure Investment Fund 3 GP Proprietary Limited, in its capacity as the general partner of African Infrastructure Investment Fund 3 Partnership (AIIF3) and Old Muatual Life Assurance Company (South Africa) Limited, in respect of the pooled portfolio of assets known as the IDEAS Managed Fund (IDEAS), acting collectively through a newly incorporated company Digital Infrastructure Investment Holdings Proprietary Limited (Digital Holdings), in order to acquire a minority equity stake in Metro Fibre Networx Proprietary Limited (MFN), a South African open access fibre network operator. We also acted for STOA S.A. (Stoa) (an existing shareholder of MFN) in relation to a further investment in MFN. Lastly, we assisted Digital Holdings and Stoa with its preference share funding in Levoca 805 Proprietary Limited (the B-BBEE.
  • Bowmans advised Choppies Enterprises Limited in relation to the disposal of its operations in South Africa by way of the sale of the sale of its shares in Choppies Supermarkets South Africa Proprietary Limited, Choppies Warehousing Services Proprietary Limited, Choppies Logistics Services Proprietary Limited and Motopi Holdings SA Proprietary Limited to Kind Investment Proprietary Limited.
  • Bowmans acted for the purchasers in relation to the acquisition of the CNA stores from Edcon in various jurisdictions.
  • Bowmans advised the shareholders of Plush Professional Leather Care Proprietary Limited, including (but not limited to) Corvest 2 Proprietary Limited, in relation to the disposal of 100% of the issued shares to Adcock Ingram Health Care Proprietary Limited.
  • EOEC and Dispense Logic Transaction – Bowmans advised the shareholders of EOEC Group Proprietary Limited, Dispense Logic Proprietary Limited and their respective subsidiaries (collectively, “the Group”) in respect of the disposal of 45% of the shares in the Group to PAPE Fund 3 General Partner Proprietary Limited (acting in its capacity as the general partner of the PAPE Fund 3 GP Partnership, an en commandite partnership, the latter in its capacity as general partner of the PAPE Fund 3 ZAR Partnership and the PAPE Fund 3 USD Partnership).
  • Bowmans advised a consortium of Lenders (Investec, Standard Chartered (Johannesburg and Mauritius), Nedbank and Ninety One) (“the Consortium”) in relation to (i) the sale by Wendel and Capital Group of 100% of the shares in the Tsebo Group to the Consortium; and (ii) the restructuring of the Tsebo Group of companies, post-implementation of the Consortium’s acquisition of the shares in the Tsebo Group.