Serge Belamant is an entrepreneur figure like no other. He was born in France, and moved to South Africa in his early teens. His professional career took off in no time, and by 1991 he had forever changed many of the banking systems an average individual takes for granted. He founded Net1 UEPS Technologies, which once it partnered with Visa, lead to the creation of the chip cards that nearly every consumer uses to this day. However, it was a new digital payment system for transferring Welfare grants across countries that really put the spotlight on him. In a recent Ideamensch interview, he expands on how career path developed to this point.
The most recent venture was brought to him by his son. Zilch Technologies is a company that specializes in mobile game technology. The combination of his son’s IT engineering skills and his personal information network and knowledge, was the perfect recipe for a successful 21st century company. The conception of ideas involves starting with how it works fundamentally, then attempting to understand why the average consumer would want to advantage of that idea if it was available. If it passes this test, then prototypes are developed within no time. Serge Belamant cites his need to understand everything even to the smallest detail, as a quality to his success.
As an industry veteran, Serge Belamant has nailed down his daily routine to near perfection. It all begins with a list of tasks to be done, and what will be required to complete each item. Beyond that, he takes time to catch up on the news. Staying in the know is a vital piece to keeping a company ahead of the curve. The afternoon period is spent on passive activities. He particularly enjoys chess and math problems. At the end of the day, keeping a fresh head capable of critical is the most important aspect to keep in mind.
Serge Belamant is one of the greatest innovators in the modern era. While many consumers will not realize the impact he left on their lives, his technological creations will never die.
Learn more about Serge Belamant
Madison Street Capital, a reputed international banking firm, ensured funds for ARES Security Corporation through a minority recapitalization by working as the software security firm’s exclusive financial advisor. ARES Security Corporation is a Virginia-based enterprise security and risk management firm with specific software products that ensure end-to-end security solutions. The transaction led by Reginald McGaugh, Senior Managing Director of Madison Street Capital, secured a smooth deal between ARES and Corbel Structured Equity Partners, the receiver of the minority stake. “It was really exciting to work with ARES and its President Ben Eazzetta in assisting on the investment. It is a firm with high-end technology solutions that ensures the security to most the critical assets of various businesses around the world,” said McGaugh. “The firm has a highly talented management team and visionary board, and they challenged us to find the right financial partner.”
“We are very much thankful and appreciate the team from Madison Street Capital considering the great work they did,” said Ben Eazzetta. “We are delighted with the entire process of the recapitalization including valuation analysis, initial due diligence, and the capital gaining process. The team worked really hard and correctly found the partner, and all of us are eagerly looking for the future with the new capital structure.” ARES has formulated plans to significantly increase the equity value of the firm by closely working with Corbel on structuring the investment. The flexible capital and operationally supportive-partnership offered by Corbel is expected to help ARES to make a significant rise in its sales. The software security solutions firm is also eyeing to make use of Corbel’s deep industry contacts to expand the business further.
Madison Street Capital reputation as top-notch financial advisory, financial opinions, corporate advisory, business valuation, asset management industry focus, valuation of financial reporting, and wealth preservation and tax planning services firm has attracted reputed clients to depend on its services. The firm provides highly focused and qualified services to mid-market companies and driving them for innovation and quality service offering which can simultaneously reflect in their sales and services.
Madison Street Capital has offices in North America, Africa, and Asia, and it provides industry-best services across the globe. The firm is known for some high-value transactions, and it worked with a number of reputed companies such as Citi, FabTrol, Naveos, InteriorMark, and more. It provides both buy-side advisory and sell-side advisory along with capital raise. Madison Street Capital also won accolades from the industry for its active interference in financial acumen. The firm won the Restructuring Deal of the Year M&A Advisor Award – 2017 for arranging to refinance for CEMD Elevator Corp.
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