Adenia Partners Announces Acquisition of the Courier Guy to Enhance Last-Mile Delivery Services in South Africa
Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has acquired 100% of The Courier Guy, a leader in last-mile delivery and express parcel (CEP) services in South Africa, alongside co-investors DEG, Proparco, and South Suez.
- Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has acquired 100% of The Courier Guy, a leader in last-mile delivery and express parcel (CEP) services in South Africa, alongside co-investors DEG, Proparco, and South Suez.
- This acquisition, made through Adenia Capital (V) LP, marks the second investment of Adenia’s fifth flagship fund, Adenia V, and demonstrates the firm’s commitment to the fast-evolving last-mile delivery landscape in South Africa.
- The Courier Guy is South Africa’s leading courier service with an extensive network of delivery partners, kiosks, and more than 1,200 pudo smart lockers across the country.
- It underscores our collective belief in the vast potential of the last-mile delivery sector in South Africa.