Xpand IT, a company specializing in IT managed services with its headquarters located north of Johannesburg, has successfully acquired Premier IT Solutions, an IT support firm situated in the East Rand region. The financial details of this acquisition remain undisclosed.
In a recent statement, Xpand IT announced the acquisition of a majority stake in Premier IT Solutions, marking a significant step towards Xpand IT’s future growth objectives and reaffirming its commitment to enhancing the overall customer experience. Brett Scott, Managing Director of Xpand IT, explained, “While our main office is based in the northern part of Johannesburg, our intention was to expand our presence to the east of the city. This strategic move aligns perfectly with our overarching business strategy, which aims to expand our national footprint and provide broader customer coverage through the establishment of multiple branches, both domestically and internationally.”
With over a decade of experience and strong local relationships in the East Rand area, Premier IT Solutions brings a valuable dimension to Xpand IT’s positioning in the market, according to Scott. Neil Sears, the owner of Premier IT Solutions, expressed his enthusiasm about the partnership: “We are excited to join forces with Xpand IT, a company renowned for its expertise in support and cybersecurity. This collaboration enables us to enhance our existing client relationships and offer a wider range of services.”
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Xpand IT anticipates that this acquisition will benefit both its existing and potential clients. The expanded geographical footprint is expected to enhance service accessibility. The company aims to leverage its strengths to bring additional services and operational efficiencies to Premier IT Solutions’ client base.
Looking ahead, Xpand IT has ambitious growth plans and is actively seeking partnerships in various locations, including Bloemfontein, Kimberley, Mbombela (Nelspruit), Paarl (Winelands), Polokwane (Pietersburg), Rustenburg, Gqeberha (PE), Gaborone, and Windhoek.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard