South Africa: Ata Capital in logistics deal
Ata Fund III, managed by Ata Capital, has completed the acquisition of Booksite Proprietary.
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Ata Fund III, managed by Ata Capital, has completed the acquisition of Booksite Proprietary, a specialist third-party logistics and warehousing provider serving South Africa’s publishing and book sectors.
Booksite offers a full suite of value-added services from order processing, customer services and warehousing to distribution, credit management, and collections all from a strategically located facility in Cape Town.
“This marks the final investment of Ata Fund III, and a particularly exciting one. Booksite brings strong market positioning, a proven record of organic growth, and an experienced management team that we look forward to partnering with as we continue to scale the business,” the firm said in a statement.
Lelo Rantloane, CEO of Ata Capital said: “This transaction represents a compelling opportunity to secure a foothold in the South African logistics and distribution space with a high-quality and scalable platform.”
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