Business

Reunert Set To Acquire Technology Consulting Firm IQBusiness

Reunert Set To Acquire Technology Consulting Firm IQBusiness. IQBusiness has announced that Reunert has managed to acquire the majority stake of the company for an undisclosed amount. IQBusiness took to LinkedIn to make the announcement.

The post read, “We’re excited to announce the acquisition of IQbusiness by Reunert ICT, a market leader in total workspace solutions, integrated business communications, asset backed rental solutions, systems integration and digitally-led business solutions. This alignment will enable us to continue our purpose to grow people, grow business, grow Africa while expanding our offerings and delivering even greater value to our clients. We remain the go-to™️ for our clients, our team, and to driving innovation and success in the digital economy.”

Reunert is a South African company that manages a diversified portfolio of businesses in the fields of electrical engineering, information and communication technologies and defence and allied technologies. Established in 1888 and first listed on the JSE in 1948, the group is listed in the industrial goods and services (electronic and electrical equipment) sector of the JSE.

IQBusiness is South Africa’s leading independent management consulting firm. IQbusiness is a certified level 1 B-BBEE contributor, headquartered in South Africa, serving the unique needs of the continent, and ensuring African businesses thrive on a sustainable basis in a hyper-speed digital environment.

“This development means we can expand and enhance our offerings, centered on enabling and unlocking value for clients to win in the digital economy. Together, we will leverage our combined strengths and capabilities to drive innovation and deliver successes for all stakeholders. We look forward to being your go-to™️ for the many new opportunities that this growth partnership will bring.” IQBusiness explained further.

By Thomas Chiothamisi
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