Rotunda Capital Partners, an operationally focused lower middle-market private equity firm, has sold Amware Fulfillment, a US-based fulfilment logistics partner, to Staci Group, a fulfilment and logistics service provider headquartered in France.
Rotunda Capital Partners (Rotunda), an operationally focused lower middle-market private equity firm, has sold Amware Fulfillment (Amware), a US-based fulfilment logistics partner, to Staci Group, a fulfilment and logistics service provider headquartered in France.
Amware increased revenue from $47 million to nearly $200 million in 2022 through two acquisitions and strategic operational investments. The company is now a national logistics partner serving its customers across a network of 15 facilities that span more than two million square feet of warehouse space.
The Rotunda team included John Fruehwirth, Corey Whisner, and Brian Kim. Stifel served as financial advisor, and Benesch Friedlander Coplan & Aronoff LLP served as legal counsel.