Launched in South Africa in 1998, RentWorks initially offered true residual value based operating leases for corporates procuring IT. Over the years, RentWorks has enjoyed the support of significant shareholders, such as Cyril Ramaphosa’s Shanduka Group. In 2012, we became a 100% subsidiary in the FirstRand Group. RentWorks was acquired from the FirstRand Group in December 2017 by Dölberg Premium Pty Ltd, a privately owned, international financial services, professional advisory, and distribution company.
The Premium Group was founded in 1972, the Dölberg Group in 1999, while the combined Dölberg Premium was established in 2016. The Group owns or has significant holdings in a number of businesses in various jurisdictions. The aim is to build Dölberg Premium into a well-respected and diversified organisation that will serve the people and the businesses in Africa.