Entelect to acquire a majority stake in Netherlands-based Fixx iT

The value of the deal was not disclosed by the company.

South African software engineering and solutions company, Entelect, has entered into an agreement to purchase a majority stake in Fixx iT, a software engineering and professional services company headquartered in Zeist, Netherlands.

This investment is expected to continue the expansion of Entelect in international markets.  It also further opens opportunities for its customers to have exposure to its international exposure and service offering.

Pending the completion of the purchase agreement, Entelect will take a controlling, majority stake of 87.5 percent of Fixx iT.

The value of the deal was not disclosed by the company.

“At Entelect, we believe that our culture of driving results for our customers and hiring the best people is one that can be produced on a global scale,” said Shashi Hansjee, CEO of Entelect.

“With Fixx iT joining the Entelect family, we welcome an amazing group of developers and professionals who share our commitment to delivering the highest quality software engineered solutions and providing an environment for growth for our people.”

Over time, Fixx iT will be rebranded to Entelect Europe, “sharing the values and vision of Entelect South Africa, while combining the best of what has made both parties successful to date.”

Ronald Kuyper, the current owner of Fixx iT, will continue to assist in building the business in a part time capacity. “We expect the transition to be smooth as some of the software engineers at Fixx iT, are in fact South African” said Shashi.