A leading ICT solutions company in Kenya seeks to bring on board a strategic investor. The Company’s product offering comprise:
- Hardware: High End Servers & Storage Accessories and IT Infrastructure to support the installed software;
- Software: ERP and Networking Software;
- Services: Service-Level Agreements (SLAs),System management, Security, Virtualization, Disaster recovery, Data center, Project Management , IT Consultancy services, Design, Installation and Maintenance Technical Services.
The Company is an IBM Premier Business Partner & Cisco Premier Partner in East Africa amongst other international accreditations.
The above opportunity would be very appealing to ICT solutions that opportunistically seek expansion opportunities in East Africa. The strategic investor will benefit from the client’s strong relationships with leading blue-chip companies in the growing financial services, telecommunications and public sector in East Africa.
Company turnover in 2013 was around $12mn representing a 20% CAGR for the last 3 years.
A significant minority stake (c.40%) is on offer which the client is willing to increase to c.51% one year post –investment.