IQbusiness and +OneX to Merge Under Reunert ICT

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Iqbusiness,+Onex,Merger

IQbusiness and +OneX, both subsidiaries of Reunert ICT, are set to merge under a single brand to create a digital integrator. The merger will combine technology services, insights, consulting, solutions, and managed services.

Since July 2023, both companies have coexisted as subsidiaries in the Solutions and Systems Integration cluster of Reunert ICT.

“The intention is to merge the companies under a single brand to create a digital integrator within Reunert ICT. The merger will combine technology services, insights, consulting, solutions and managed services under a single business with a level-1 B-BBEE certification,” Reunert said in a statement on Wednesday.IQbusiness CEO Adam Craker will lead the combined business, with +OneX founder and CEO Rob Godlonton assuming the role of chief commercial officer.

To conclude the merger process, further work is under way to streamline client and market-facing activities and to review systems and processes, Reunert said. “The merger of IQbusiness and +OneX will expand career paths for our teams and support enhanced opportunities in the global competition for talent, while ensuring that we deliver end-to-end technology solutions to our clients,” said Godlonton in the Reunert statement. “We plan to grow our local and international presence and advance the South African business and technology services sector.

Reunert group CEO Alan Dickson said: “The continued investment into the expansion of our ICT segment by the creation of this digital integrator is one of Reunert’s key strategic growth initiative pillars.”The final decision on the implementation of the merger will be made in the next few months, subject to the fulfilment of certain suspensive conditions, including obtaining board and shareholder approvals.

 

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