Adenia Partners Acquires The Courier Guy

March 4, 2024

Adenia Partners, through its Adenia Capital (V) LP vehicle and alongside co-investors DEG, Proparco and South Suez, has acquired 100% of The Courier Guy, a leading last-mile delivery and express parcel (CEP) provider in South Africa. The transaction is financed with debt from RMB and supported by advisors including PwC (financial/tax), Webber Wentzel (legal) and EY (ESG); Adenia said the deal positions the business to capture strong e‑commerce-driven growth in the South African last‑mile market.

Buyers
Adenia Partners (via Adenia Capital (V) LP), DEG, Proparco, South Suez
Targets
The Courier Guy
Location
Gauteng, South Africa
Transaction Type
Buyout

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