Convergence Partners Acquires Datacentrix Group, Bolstering Digital Infrastructure Leadership ...Middle East

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Convergence Partners Acquires Datacentrix Group, Bolstering Digital Infrastructure Leadership
Convergence Partners has announced that its Convergence Partners Digital Infrastructure Fund (CPDIF) has entered into a definitive agreement with Alviva Holdings Limited to acquire 100% of Datacentrix Group. The acquisition is alongside the existing Datacentrix management team that has successfully led the company for over 20 years. Alviva is exiting Datacentrix pursuant to its delisting from the JSE in early 2023, to focus on its core operations in hardware distribution. Terms of the transaction were not disclosed. The transaction aligns with the CPDIF’s strategy of investing in high growth companies that are leading champions in their field with strong management teams and deep customer

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