Caissa Holdings announced the successful sale of Harbourline Logistics, a leading Australian third-party logistics provider, following a five-year partnership focused on network expansion and automation.
Over the five-year hold period, Harbourline expanded its national warehouse footprint from six to fourteen sites and invested heavily in automated picking, inventory visibility and route optimisation technology.
Revenue more than doubled during Caissa's ownership, driven by new long-term contracts with national retail and healthcare customers and two complementary bolt-on acquisitions in Queensland and Western Australia.
"Harbourline's management team executed a clear plan with discipline," said a Caissa Holdings partner. "We are proud to have supported their growth and believe the business is well positioned for its next chapter."
Terms of the transaction were not disclosed. Caissa Holdings was advised by leading Australian legal and financial advisers.
About Caissa Holdings
Caissa Holdings Pty Ltd (AFSL 446382), trading as Caissa Global, is a global alternative investment firm founded in 2004 and headquartered in Sydney, Australia. For media enquiries, please contact our team.