Ethos Pays $97 Million for Control of South Africa's Eazi Group

  • Private equity firm buys 65% of equipment rental company
  • Deal is the fifth investment for Ethos Fund VI in 12 months

Ethos Private Equity Ltd. bought a 65 percent stake in South African equipment rental and sales company Eazi Group Ltd. for 1.6 billion rand ($97 million) in the fifth private-equity investment by its Ethos Fund VI in the past year.

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