Convergence Partners Acquires Vodacom Business Africa’s Operations In 4 Regions

14-year-old seasoned pan-African private equity player with over $300m of capital under management makes an historic acquisition.

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Convergence Partners announced that its pan African digital service provider platform, inq. Holdings Limited (formerly Synergy Communications), has completed the 100% acquisition of Vodacom Business Africa’s operations in Nigeria, Zambia and Cote d’Ivoire with a further planned acquisition in Cameroon pending regulatory approvals.

This landmark transaction grows the Mauritius-based inq.’s regional footprint as a leading enterprise solutions provider to 13 cities in 7 countries across Africa including its existing operations in Botswana, Malawi and Mozambique.

Under the inq. banner the company will embark on the next phase of building a unified pan-African cloud and digital service provider, bringing to market a very relevant suite of next-generation technology solutions in the fields of Edge, Artificial Intelligence, NFV and Cloud.

“This represents a further milestone in our journey to create a group serving the enterprise
community across sub-Saharan Africa with a uniformly high quality of service and consistent product offering”, remarked Brandon Doyle, CEO of Convergence Partners.

“Through inq., we are able to deliver intelligent connectivity through seamless delivery of cloud and digital services and digital technologies to our clients. As global thinking is going through a reset because of COVID-19, inq. is ready to provide business continuity to our global and continental and local clients”, said Andile Ngcaba, Chairman of Convergence Partners and Executive Chairman of inq.

 

 

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