ADAPT IT ACQUIRES 100 PERCENT OF AspiviaUnison The Communications Management Specialist Sbu Shabalala CEO – Adapt IT Holdings Limited 28 October 2014, Durban - 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 Telecom-munications 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.” delivering solutions for your environment www.adaptit.co.za 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.” About Adapt IT Adapt IT has more than 460 employees operating predominantly from business divisions in Durban, Johannesburg, Pretoria and Cape Town and is led by a core team of executives. The company provides a variety of specialised turnkey IT solutions and services to the education, mining and manufacturing, energy and financial services sectors. Adapt IT has customers in 21 countries in Africa, Asia, Australasia, Europe and North America, and its services and solutions span the complete IT life cycle, from consulting and application design, through to delivery and support. www.adaptit.co.za About AspiviaUnison A leading communications solutions and consulting company, AspiviaUnison has a reputation for deep experience in the Telecommunications Management System (TMS) market and flexible, robust technology solutions that focus on supporting customer’s business needs in an ever-changing communications landscape. It has been rolling out successful telecommunications billing and presentation systems for a large client base since 2000. Over the years, AspiviaUnison has acquired an intuitive understanding of how to best manage the costs attached to communications services and environments. It combines this insight with innovative technologies to assist its customers realise cost savings, boost productivity and maximise the benefits of telecommunications across the business. Adapt IT Holdings Limited Chairman Craig Chambers, AspiviaUnison Director Andrew Harris, Adapt IT CEO Sbu Shabalala, Adapt IT Financial Director Tiffany Dunsdon, AspiviaUnison Director Craig Young. Editorial contacts Liesl Grobler | (031) 514 7300 | [email protected] delivering solutions for your environment www.adaptit.co.za
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