Transaction creates new national and international managed IT services powerhouse.
Article by Cyberlogic
Integrated Equipment IT Solutions (IEIT) has officially joined forces with CyberLogic to strengthen its service offering and reach further across South Africa as well as Africa.
The new CEO Matt Mead, who will head up the new combined group, brings together strong, capable management teams, an array of skilled resources and managed services in South Africa, Mauritius and servicing territories in 15 African countries.
“This culmination of strengths and resources is in line with global consolidation trends and stands to benefit clients of both IEIT and CyberLogic through our expanded capacity and reach,” says Matt. New benefits for CyberLogic clients include a national and international footprint with a significant presence in Johannesburg and Mauritius, service delivery across Africa and access to IEIT’s Asset Finance support services.
The fusion of both the entities, along with their Microsoft Gold Partnerships, has afforded the new group a Tier 1 Microsoft Cloud Solutions Provider status. Coupled with its own CyberLogic cloud offering as well as Microsoft Azure, IEIT CyberLogic is geared to provide SMEs across the continent and further abroad with a high level of expertise, excellent service and competitive pricing across several core cloud services.
Outgoing CEO and CyberLogic founder Edge Bisset praised the manner in which the transaction was handled. “Novitas Capital Advisors acted as exclusive M&A advisors to CyberLogic and facilitated a fantastic deal which benefits all parties, including staff and clients. Under Matt’s leadership, the synergies which this deal unlocks will take the business to new heights.”