Datacentrix announced that Convergence Partners, via its Convergence Partners Digital Infrastructure Fund, along with the existing Datacentrix management team, had entered into a definitive agreement with Alviva Holdings to acquire 100% of Datacentrix. This agreement was subject to the fulfilment of certain conditions and regulatory approval.
Today, Datacentrix is pleased to confirm that all parties met the required conditions. The independent regulatory body ICASA and the Competition Commission have approved the transaction.
“We are thrilled to become part of Datacentrix, one of South Africa’s premier system integrators. We look forward to embarking on this journey into the realm of artificial intelligence with Datacentrix,” remarked Andile Ngcaba, Chairman of Convergence Partners.
Datacentrix is a leading hybrid ICT systems integrator and managed services provider, driving progress through state-of-the-art technology solutions for public and private sector entities across Africa and the Middle East.
The company adeptly tackles clients’ challenges and modernisation needs in fast-changing business and technology environments. Datacentrix collaborates with its clients to align their ICT initiatives with business strategies. It is renowned for its agility, extensive industry knowledge, proven expertise, and strong overall performance.
Datacentrix leverages technological advances in its mature offerings to deliver business value, including digital transformation, artificial intelligence, connectivity, and hybrid technology solutions.
The experienced management team, which has successfully led Datacentrix for many years as a listed and unlisted entity, will continue to guide the company. The Group’s success reflects the dedication and passion of its management team and employees in generating value for all stakeholders.
“I am delighted to welcome Convergence Partners into our fold and look forward to collaborating with the team to achieve exceptional business outcomes and pave the way for a sustainable future”, stated Ahmed Mahomed, Group Chief Executive Officer at Datacentrix.
“Datacentrix’s roots are firmly established in South Africa, and we have ambitions to continue expanding our reach across the continent and beyond. We look forward to advancing the Datacentrix success story well into the future. The Group is well-positioned to deliver unparalleled value to its broad client base across Africa and the Middle East.”
