iqbusiness Strengthens Its Technology Presence with Strategic Acquisition
iqbusiness plays a pivotal role within Leunart’s ICT division, exemplifying the Group’s dedication to broadening its digital and technology expertise. Since acquiring a majority stake in iqbusiness in 2023, Leunart has been actively investing in the ICT sector, further solidifying its status as South Africa’s premier business in technology and digital integration.
Acquisition of Silversoft Enhances Growth Strategy
The recent acquisition of Silversoft marks a significant milestone in iqbusiness’s long-term growth strategy. This move not only expands its capabilities in enterprise technology but also enriches its offerings in enterprise resource planning (ERP) and professional services automation (PSA). The integration of Silversoft is expected to accelerate iqbusiness’s international expansion under the leadership of CEO Rob Godronton.
Silversoft: A Leading Enterprise Software Provider
Silversoft has established itself as a prominent provider of enterprise software and digital solutions, with a strong foothold in South Africa, the UK, and the Middle East. As a Platinum Regional Partner of Deltek, Silversoft specializes in implementing and optimizing ERP and PSA platforms such as Deltek Vantagepoint and Maconomy, equipping clients to enhance project transparency, optimize resource allocation, and elevate financial management.
Two Decades of Experience Driving Operational Excellence
With 20 years of industry experience, Silversoft serves over 300 clients spanning various sectors including consulting, architecture, engineering, law, and the creative industries. The company’s blend of extensive domain knowledge and technological empowerment drives improved operational efficiency, profitability, and sustainable growth for its clients.
Key Advantages of the Acquisition for iqbusiness
This acquisition lays a robust foundation for iqbusiness to amplify its enterprise technology offerings and adapt its ERP strategy. Several strategic advantages are anticipated, such as:
- Establishing a trusted reputation within the ERP and PSA markets via a recognized partner.
- Expanding multi-vendor, multi-service ERP solutions across the iqbusiness portfolio.
- Leveraging advisory, data, technology, and managed services to bolster capabilities.
- Creating scalable and repeatable ERP offerings within the iqbusiness ecosystem.
- Enhancing license-based income streams.
- Boosting customer retention and long-term client value.
- Accelerating international growth across regions such as the UK, Europe, Middle East, and Asia Pacific.
Leadership Insights on the Strategic Direction
Rob Godronton, CEO of iqbusiness, emphasizes the importance of Silversoft’s deep ERP expertise, robust client relationships, and skilled team. He believes this collaboration will significantly enhance their enterprise technology solutions and provide a solid foundation for expanding ERP and PSA capabilities across multiple markets. Godronton further notes that the cultural alignment between the two organizations will drive long-term value creation for their clients.
Silversoft’s Vision for Future Growth
Jacques du Buisson, CEO and co-founder of Silversoft, expressed enthusiasm for this partnership, asserting that iqbusiness is an ideal ally for their growth. He highlights the shared commitment between both firms towards innovation and client success, noting that iqbusiness brings substantial scale and complementary capabilities to accelerate their collective growth. He looks forward to expanding ERP and SaaS offerings on a global scale while continuing to meet client expectations with trusted professional solutions.
Seamless Integration for Enhanced Customer Service
The combined entity is set to maintain seamless service for existing customers, ensuring continuity while capitalizing on their enhanced capabilities across ERP, enterprise technology, advisory, and digital transformation services. This acquisition not only fortifies iqbusiness’s reputation as a leading partner in business and technology transformation but also broadens its international reach and capacity to deliver scalable, results-driven solutions.
