Strategic Investors. Innovation Partners. Building for Lasting Impact.

Growth Enablers, Innovation Partners and Impact and Legacy Builders

Our Story

How We Add Value

Strategic oversight, and innovation, we work with founders and business owners to unlock value, scale sustainably, and build legacies.

Case Studies

As a growth and innovation partner, we invest in and collaborate with companies across diverse industries and markets. Unlike traditional private equity firms, we take an active role in strategic management, operations, and digital transformation -empowering businesses to achieve long-term impact and intergenerational wealth.

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10+

Operating Locations

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5000+

Group Employees

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10+

Companies

Why We Exist

Business owners often lack the strategic support, digital infrastructure, or mentorship needed to grow. CG Tech exists to close these gaps, transforming ideas into impact and helping companies thrive in an evolving world.

The Problem

From Niall Carroll

Chairman

At CG Tech, we believe in building the kind of companies that last generations. Our work goes far beyond financial investment - we are innovation partners who help scale operations, mentor leadership, and future-proof businesses. Whether it’s through our strategic planning sessions, digital transformation sprints, or executive advisory, we are in the trenches with every company we back. We don’t just invest in businesses - we build them with heart, precision, and vision.

Our Journey

    • Niall Carroll and Andrew Jackson, colleagues since the mid-1990s at first Deutsche Bank and then Royal Bafokeng Holdings, form investment holding company Coasts Group.
    • Coasts Group acquires a minority stake in Prommac (A specialist mechanical contractor in South Africa) from CEO and majority shareholder Jason English, a former Kentz Group executive.
    • Prommac acquires Kumunyack (A specialist Electrical and Instrumentation contractor in South Africa) and recruits a new management team.
    • Dany de Barros joins Prommac in South Africa as COO from Murray & Roberts.
    • Niall Carroll establishes IRIS Aero (a UK-based drone-enabled inspection business), led by Neil Hunter and Dave Cummins.
    • Coasts Group becomes CG Tech Holdings (a BVI-listed entity).
    • CG Tech Holdings acquires the Al Laith group of companies (a UAE and Oman-based business) led by Eugene O’Doherty.
    • Al Laith delivers first project in Bahrain.
    • CG Tech acquires a stake in New Age Engineering (a South African-based specialist welding engineering business) from CEO and founder Joseph Zinyana.
    • Dany De Barros appointed as CEO of Prommac and Kumunyack.
    • Jason English appointed as CEO of CG Tech.
    • Al Laith delivers first project in France.
    • IRIS Aero converts to CG Labs and becomes the hub for group tech resources.
    • Al Laith is established in Saudi Arabia.
    • The COVID pandemic commences.
    • Al Laith, CEO, Eugene O’Doherty retires.
    • Jason English steps in as CEO of Al Laith Group.
    • CG Tech and the Corfield-Moore family establish Serious International in the UK, and appoint Steven Corfield as CEO.
    • The CG Tech fund is established.
    • Al Laith delivers first contract in Turkey.
    • CG Zinyana Africa Holdings (CGZAH) is established as a holding company for Prommac, Kumunyack and New Age in South Africa.
    • First CG Tech Group Summit held in Dubai.
    • CG Labs becomes The Virtulab (UK) and repositions to develop industrial software solutions for the global market.
    • The COVID pandemic ends.
    • Karen Cumming appointed as Chief Financial Officer of CG Tech.
    • Rose Al Qassab appointed as Chief Marketing Officer of CG Tech.
    • Prommac establishes in the UAE.
    • Prommac expands into Saudi Arabia, represented through Gazi & Nefti, and delivers its first contract in the region.
    • Prommac establishes in Uzbekistan and delivers its first contract in the region.
    • Al Laith acquires an interest in the Mecton Group based in Qatar and forms Mecton Al Laith.
    • Al Laith establishes its presence in Uzbekistan and delivers its first contract in the region.
    • Frank Mathews appointed as Chief Digital Officer for CG Tech.
    • Serious International wins first contract in Saudi Arabia through a JV with Al Laith .
    • Al Laith delivers first contract in India.
    • Al Laith delivers first contract in Seychelles.
    • Dany De Barros (CEO of Prommac) relocates to the US, and Benny Howard is appointed as Prommac South Africa MD.
    • Joseph Zinyana appointed as chairman of CGZAH, and Nitesh Munnisunker appointed as New Age MD.
    • Prommac establishes in the USA.
    • Prommac delivers its first contract in the US.
    • The Virtulab tech teams reposition under Frank Mathews to focus on AI/ML implementation across the group.
    • Al Laith delivers the first contract in the Netherlands.

"I dream of a world of equitable abundance and human dignity. And I devote time, energy and money in pursuit of that dream"

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