COMPANY:

RTT

INVESTMENT YEAR: 2014
BUSINESS DESCRIPTION: Logistics
INVESTMENT PARTNERS: Management, PIC and DPI
FUND: Ethos Fund VI
ENTERPRISE VALUE (R'M): Not disclosed

RTT Facts

  • RTT is Africa’s largest privately-owned parcel distribution company. For over 30 years it has been a market leader in third-party logistics and distribution and a forerunner in break bulk and express distribution.
  • RTT’s footprint extends across sub-Saharan Africa, comprising over 120,000m2 of warehousing and cross docking facilities.
  • RTT has a combined fleet in excess of 1,200 vehicles and employs close to 5,000 people.
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    RTT Deal Card

    Ethos consortium partners RTT on growth journey

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  • Ethos-led Consortium Acquires RTT

    A private equity consortium led by Ethos Private Equity, announced today that it has acquired c.80% of the RTT Group for an undisclosed sum. Other key shareholders in the consortium are African Development Partners II, a private equity fund advised by Development Partners International (DPI) and the Government Employees Pension Fund (GEPF), represented by the Public Investment Corporation (PIC). RTT’s current senior management team and a black empowerment staff trust will hold the remainder of RTT’s share capital.

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