We acquire, strengthen, grow software companies.

 

Why Sell to Us?

M&A has been a central part of our business strategy since 1995. We acquire and operate software businesses that share our ambition to measure up to the best globally. Businesses that join us belong to a unique peer group across Constellation Software Inc. who value continuous learning, share data driven insights, best practices and their experience which helps us to drive greater success together. To date we have acquired 17 businesses that operate predominantly in the education, manufacturing, finance professionals, energy, enterprise performance management, telecommunications, consumer security and services, and hospitality industries.

We will provide:

  • A permanent home for your business
  • Global reach with a decentralised operating model
  • Growth through operational and financial support
  • Talent development and best practice sharing
950
+

Employees

50
+

Countries Served

10000
+

Customers

15
+

Acquisitions

 

Our Global Reach

We serve over 10 000 global customers in 55 countries with headquarters in Johannesburg, South Africa, and regional offices in Durban and Cape Town. To service international customers, we focus on the Pan African market through a presence in Mauritius, Botswana, Kenya and Nigeria, as well as on the Asia Pacific market with presence in Australia, New Zealand and Singapore. Our Europe based customers are served through the presence we have in Ireland.

90% of our business is based in Africa with products well differentiated to serve these six main industries:

Education

Manufacturing

Financial Services

Energy

Communications

Hospitality

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What is in it for you?

1

A Stable, Forever Home

Unlike most Financial buyers such as Private Equity or Venture Capital Funds, we hold onto our acquisitions indefinitely and do not resell the companies we buy. We are committed to safeguarding your employees, customers, products and legacy.

2

Independence and Decentralisation

We trust our leaders and empower them to continue operating autonomously while benefitting from the financial stability backing of larger global publicly-traded organisation.

3

A Place where your Talent can Flourish

We position our companies for long- term success by investing in our people and nurture a culture of learning and professional development and growth.

4

Sell and Stay

We encourage leaders and their teams to stay post-acquisition. As part of a global network of 500+ companies, we offer a career path and development that suits various personal and professional goals.

5

Our Long Acquisitive and Operations History

We have 15+ years history as buyers operators and growers of vertical software companies in the African region backed with an experienced in-house team, with a streamlined and timely acquisition process.

6

Global Perspective and Access

Joining Adapt IT offers access to a global network of like-minded leaders, best practices, coaching, and capital to make sustainable improvements to your business.

7

Specialists in Operating and Growing Vertical Market Software Businesses

We specialise in buying and growing niche software businesses. We understand the complexities and opportunities of this space and invest in them for the long-term.

8

Tools to Accelerate Growth

As a company within Constellation Software Inc. (TSX: CSU), with customers in 100+ countries, accessing opportunities in new markets through our local teams and partners can be done with confidence and efficiently.

 

Our Acquisition Criteria

Sector

B2B technology companies that sell proprietary solutions, preferably with focus on a niche market and recurring revenue

Profile

Loyal and diversified customer base with low attrition

Revenue

USD 4m (ZAR 80m) or more for new verticals, but less for tuck-in acquisitions

Growth & Profitability

Leading or growing market share

Management

Experienced and committed management teams

Ownership

We acquire 100% of a company and its subsidiaries

Horizon

We are committed to safeguarding your legacy, products, customers and employees

 

 

Our Acquisition Process

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Initial Contact

Opportunity for sellers and buyers to exchange visions

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Non-Disclosure Agreement (NDA)

Keeps information sharing private, protected and confidential

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Preliminary Information Request

An exchange of high-level financial information, materials to gain a deeper understanding of the business

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Indicative Offer (IO)

Milestone #1: Non-binding offer

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Letter of Intent (LOI)

Milestone #2: Formal agreement to initial terms

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Due Diligence

Comprehensive appraisal of the business

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Share or Business Purchase Agreement (SPA/BPA)

Milestone #3: Final contract execution

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Receive Proceeds

 

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Continue to Operate your Business

 

 

Growing your Business Post-Acquisition

We have a proven 3-step process to help you grow your business:

Step 1

We invest in the areas of your business that need improvement.

Step 2

We give some time for the changes and improvements to be fully realised, and for the business to meet agreed upon benchmarks.

Step 3

Once the business is running efficiently, we empower the leaders to invest in organic initiatives and engage in M&A.

 

Frequently Asked Questions

The following Q&A document provides more information about who we are, our acquisition philosophy and process:

Download

 

Get in Touch

Whether it be about life at Adapt IT or our acquisition process, we are happy to answer any questions you may have. Send us a note or book a meeting and a member of our experienced M&A team will be in touch soon.

Connect with us
Stephanie_ma

Stephanie Laws

Corporate Development Executive
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