Evernex Invests in Africa
French broker and third-party maintenance provider Evernex has acquired Storex, a South African provider of maintenance services for critical data centre equipment.
Storex maintains data centre hardware & critical IT assets, such as servers, storage and business network equipment with a multi-OEM expertise. Its level 1 B-BBEE status (“Broad-Based Black Economic Empowerment”) allows premium access to large South African corporates. Storex serves blue chip clients including banks, OEMs and telecom companies in South Africa, Kenya and Turkey, and has plans to expand into Dubai.
This acquisition will give Evernex local resources to grow its presence in South Africa, combined with the expertise of its seasoned founder who will stay with the business. Evernex and Storex have highly complementary capabilities and the acquisition provides further evidence of Evernex’s ability to acquire smaller businesses into its platform, after acquiring Roer in Argentina in 2019 and A Systems in Brazil in 2018.
Jan Beukes, CEO of Storex, commented: “both of our companies are well-regarded in the African market and are highly compatible from a business standpoint, with a strong fit. We at Storex look forward to working closely with Evernex to build a strong international base.”
Stanislas Pilot, President and CEO, and Mohamed Bella, CMO and EVP MEA, Evernex, added: “we are delighted to be partnering with Storex. Combining our businesses will strengthen our position in Eastern and Southern Africa and enable us to grow our portfolio of blue-chip clients. Together with the talented teams at Storex, we will aim to provide the best services to our customers, in South Africa and globally.”