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New Deal


Announced

Convergence Partners to acquire Datacentrix.

Synopsis

Convergence Partners, an impact investment management firm, agreed to acquire Datacentrix, a provider of ICT integration services and solutions to the public sector and blue-chip corporates in South Africa. Financial terms were not disclosed. “We are excited about the future as we start a new chapter in our 25-year history as a highly successful business that is well respected in the market. By joining forces with Convergence Partners, we will harness what has made us successful to date and leverage the wider capabilities of the group including its reach into the rest of Africa," Ahmed Mahomed, Datacentrix CEO.

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