Convergence Partners, a leading pan-African private equity firm, has entered into an agreement to acquire Datacentrix, a prominent South African provider of integrated ICT solutions. This strategic acquisition aligns with Convergence Partners’ investment strategy, focusing on high-growth businesses with strong management teams and established market positions within the rapidly evolving ICT sector.
Datacentrix, a well-established player in the South African market, offers a comprehensive range of ICT solutions, including infrastructure supply, integration, support, and maintenance services. The company has a strong track record of delivering innovative solutions to blue-chip clients across various industries.
Convergence Partners will work closely with Datacentrix’s existing management team to ensure a smooth transition and continued success. The company will operate independently, maintaining its focus on providing high-quality services to its clients while leveraging the broader resources and expertise of the Convergence Partners group.
This acquisition underscores Convergence Partners’ commitment to investing in businesses that are well-positioned to capitalize on the growing demand for digital transformation solutions across Africa. The ICT sector is experiencing significant growth, driven by factors such as increasing digital adoption, the rise of cloud computing, and the growing need for robust and secure IT infrastructure.
By acquiring Datacentrix, Convergence Partners aims to strengthen its presence in the African ICT market and contribute to the continued growth and development of the digital economy across the continent.
