JSE listed Adapt IT, today announced that it has acquired 100 percent of AspiviaUnison effective 1 September 2014, a cloud telecommunications intelligence and management solutions provider. The deal worth up to R200 million, adds yet another important pillar to the company’s growing software solutions set, and Adapt IT will be acquiring all intellectual property and technology of AspiviaUnison. The acquisition of this Telecommunications Management expertise is in line with Adapt IT’s strategy of targeted acquisitive growth, and will enable the company to further diversify and bolster its customer base especially in the Financial Services Industry (FSI).
Sbu Shabalala, CEO of Adapt IT, says the acquisition will contribute meaningfully to the company’s overall growth strategy: “AspiviaUnison has a robust entrepreneurial management team and generates strong annuity income from the Cloud Based solution set. This further entrenches Adapt IT as a leading provider of IT services and solutions to the Financial Services Industry and the wider Private and targeted Public Sector markets. The invaluable IT vendor partnerships AspiviaUnison has formed to date will be a crucial part of the growth strategy and we are excited by the possibility to extend these to our customer base in South Africa and into the rest of Africa.”
AspiviaUnison Director, Andrew Harris says the company improves communication efficiencies, curbs wastage and identifies coverage with the long term view to deliver continuous value within the organisation’s communication environment: “Our services, solutions and advice are based on sound principles, processes and methodologies, enabling longevity of communication investments. We have identified excellent synergies between Adapt IT and AspiviaUnison, and are confident that the business will grow from strength to strength.”
With over 14 years of experience in the field of communications management within Southern Africa, AspiviaUnison provides Telecommunications Lifecycle Management (“TLM”), Telecommunications Management Services (“TMS”) and Mobile Device Spend Management (“MDSM”) software solutions. “Our products are made up of several crucial forward-looking telecommunications intelligence services that provide business intelligence on telecommunications billing information for more uniform and understandable billing, integration of billing data with enabling technologies and understanding and control of mobile device spend.”
Adapt IT’s Shabalala says that Adapt IT is already a strong leader in the software sector, representing Microsoft, SAP, IBM and Oracle and the AspiviaUnison acquisition will be highly complementary, enhancing the overall Microsoft capability of the group.
Harris concludes: “This business combination brings together the unique professional experience of AspiviaUnison and Adapt IT, which will significantly advance the company’s strategic position and strengthen its ability to provide world-class software solutions.”