3 Acquisitions of Companies in Gauteng

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Gauteng. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 3 acquisitions that took place in Gauteng .

Age Technologies acquired by 4Sight Holdings

Details about the transaction:

Acquisition amount:

$5,840,003

Announcement:

23 October 2017

Details about the company:

Age Technologies is a specialist in SCADA development, PLC programming, and automation system integration in South Africa.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Industry:

Industrial Automation

Details about the buyer:

The mission of 4Sight Holdings is to provide insight in the fields of mobile communications and digital media.

Headquarter:

Ebène, Plaines Wilhems, Mauritius

Where to find them:

Etion Create acquired by Reunert

Details about the transaction:

Acquisition amount:

$11,839,087

Announcement:

3 October 2022

Details about the company:

A manufacturer of original designs is Etion Create.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Industry:

Electrical Distribution, Electronics, Manufacturing

Details about the buyer:

Reunert oversees a variety of companies in the information and communication technology and electrical engineering sectors.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Sorbet acquired by Clicks Group

Details about the transaction:

Acquisition amount:

$6,170,900

Announcement:

24 November 2022

Details about the company:

A network of beauty salons called Sorbet is in business.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Industry:

Beauty

Details about the buyer:

The healthcare, cosmetic, and leisure goods organization Clicks Group.

Headquarter:

Cape Town, NA - South Africa, South Africa

Where to find them: