SummerPlace Equity Partners is a black female-owned fund manager founded in 2019. The fund invests in established, cash-generative medium-sized SA businesses in various sectors, that are led by experienced entrepreneurs, and exhibit strong growth potential. SummerPlace Equity Partners is an active investor with a fund size in excess of R250m that partners with portfolio companies to ensure long-term success.
As 4PL Group continues to build a mid-tier supply chain business with a committed and professional workforce we believe shareholder alignment is instrumental in 4PL achieving its full potential.
To this end, the investment of SummerPlace Equity Partners, alongside Vuna Partners, is welcomed and further accentuates our long-term strategy of being a competitive mid-tier supply chain company in Southern Africa. Management retains their shareholding and their long-term commitment to the business.
We welcome the co-founders Modula Mofolo and Barbara Grantham of SummerPlace Equity Partners to our Group of companies. This new partnership is an exciting new chapter in 4PL’s journey, and we look forward to the road ahead.
Division: 4PL Group
Date: July 2021