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
- Industry
- Logistics & Distribution
- Location
- Gauteng, South Africa
- Transaction Type
- Buyout
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