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The challenge
In order to best position Cargo Compass for continued growth, the proudly South African freight forwarding and logistics solutions provider required an empowered partner with aligned values and a shared vision for the future.
The solution
As the largest independent freight forwarding business in South Africa, Cargo Compass understands the value of partnership and flexible end-to-end solutions, and hence chose aligned partners in RMB Ventures and Bopa Moruo to assist them in unlocking additional value and accelerating future growth.
RMB Ventures, with a successful 20-year track record and deep South African roots, is skilled in partnering with owner-manged businesses and broadening their strategic horizons, allowing businesses to embrace next-level thinking and reach their full potential.
The partnership has resulted in Cargo Compass achieving 51% black ownership and has facilitated access to capital, facilitating future growth while preserving the owner-manager culture that has fuelled the success story of the business to date.
Proven results
RMB Ventures applied its funding capabilities and BEE deal structuring expertise to facilitate a 51% black owned buyout of Cargo Compass alongside its long-time BEE partner Bopa Moruo. This transaction has not only transformed the company’s ownership profile but further brings extensive RMB networks through a shared lens of flexible, forward thinking.
Partner | Cargo Compass |
---|---|
Sector | Logistics |
Capability | Private Equity |
Role | Replacement Capital, Facilitated BEE ownership, Management Buyout, Network Expertise |