Convergence Partners, a leading pan-African private equity firm, has entered into an agreement to acquire Datacentrix, a prominent South African ICT solutions provider, from Alviva. This strategic acquisition aligns with Convergence Partners’ Digital Infrastructure Fund’s focus on investing in high-growth companies with strong management teams and established market positions.
Datacentrix, known for its expertise in IT infrastructure, integration, and support, will continue to operate independently under its current leadership. Convergence Partners emphasizes that this acquisition will not impact staffing or operations, ensuring business continuity for Datacentrix’s valued clients.
This move is expected to significantly enhance Convergence Partners’ ability to offer cutting-edge ICT solutions across the African continent. By leveraging Datacentrix’s deep industry knowledge and strong client relationships, Convergence Partners aims to capitalize on the growing demand for hybrid solutions, cloud computing, and data-driven technologies.
The acquisition is particularly significant given the robust growth of the IT market, which is projected to outpace overall economic growth. This presents a unique opportunity for Datacentrix to expand its market share and solidify its position as a leading ICT solutions provider in the region.
