About Servest
Servest is a company based in Cape Town (South Africa) founded in 1998.. Servest has completed 2 acquisitions, including KaChing Parking and Maxwell Stewart Maintenance. Servest offers products and services including Cleaning Services, Security Services, and Parking Management. Servest operates in a competitive market with competitors including CBRE, Pragma Global, Internal developers, Noble Property Group and Cape Business Centre, among others.
- Headquarter Cape Town, South Africa
-
Sectors
Business Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$112.23 M (USD), Debt – Conventional
Jun 01, 2014
-
Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
KaChing Parking
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Servest
Servest offers a comprehensive portfolio of products and services, including Cleaning Services, Security Services, and Parking Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers advanced cleaning solutions for health and safety compliance.
Provides management for complex security in healthcare and other sectors.
Implements technology for efficient parking operations and revenue tracking.
Unlock access to complete
Operations Team
21 people
Software Development Team
19 people
Sales and Marketing
17 people
Key Team
11 people
Finance and Accounting
7 people
Human Resources and Administration
6 people
Branch Team
3 people
National Team
3 people
Unlock access to complete
Funding Insights of Servest
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $112.2M
-
First Round
First Round
(01 Jun 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Debt – Conventional - Servest | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Servest
Servest has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include KaChing Parking and Maxwell Stewart Maintenance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Parking solution & payment management app
|
2014 | ||||
|
Commercial electrical and plumbing maintenance services are provided.
|
1992 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Servest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Servest Comparisons
Competitors of Servest
Servest operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CBRE, Pragma Global, Internal developers, Noble Property Group and Cape Business Centre, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Property management, brokerage, and asset services are provided globally.
|
|
| domain | founded_year | HQ Location |
Provides asset management advisory, software, and training for industrial sectors.
|
|
| domain | founded_year | HQ Location |
Provider of workplace designing services
|
|
| domain | founded_year | HQ Location |
Manages retail property funds, develops shopping centers, and promotes sustainable investments.
|
|
| domain | founded_year | HQ Location |
Offers executive offices, virtual solutions, and conferencing for business professionals.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Servest
Frequently Asked Questions about Servest
When was Servest founded?
Servest was founded in 1998 and raised its 1st funding round 16 years after it was founded.
Where is Servest located?
Servest is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Who is the current CEO of Servest?
Xolile Sizani is the current CEO of Servest.
What does Servest do?
Servest was founded in 1998 and is headquartered in Cape Town, South Africa. Facility management services are offered by the company, encompassing maintenance, cleaning, security, and support functions for commercial and industrial clients. Operations are conducted primarily within South Africa, with a focus on integrated solutions tailored to diverse sectors. Leadership is provided by CEO Xolile Sizani, overseeing strategic direction and service delivery.
Who are the top competitors of Servest?
Servest's top competitors include CBRE, Internal developers and Pragma Global.
What products or services does Servest offer?
Servest offers Cleaning Services, Security Services, and Parking Management.
How many acquisitions has Servest made?
Servest has made 2 acquisitions, including KaChing Parking, and Maxwell Stewart Maintenance.