Datatec Expands its Majority Stake in Mason Advisory, Aiming for High-Growth Potential

In a strategic move to reinforce its presence in the rapidly evolving Information and Communications Technology (ICT) landscape, Datatec, the international ICT company, has announced the acquisition of an additional 40% stake in Mason Advisory Limited. The move elevates Datatec’s interest in the UK-based digital and technology consultancy to a commanding majority shareholding of 80%.

Mason Advisory, renowned for its expertise in digital and technology consulting, operates across both public and private sectors, serving organizations of varying sizes. The consultancy, established in 2014 following a spin-off from Analysys Mason, specializes in areas such as operating model and organizational design, sourcing, architecture, service management, and cybersecurity. With a dedicated team of over 100 professionals, Mason Advisory has positioned itself as a key player in catering to clients who are consumers of IT services.

Datatec had initially acquired a 40% stake in Mason Advisory in 2014 and has now seized the opportunity to further strengthen its position in the company, citing the move as a strategic step to support Mason Advisory’s upcoming phase of growth.

Jens Montanana, Datatec’s Chief Executive Officer, expressed enthusiasm about the expanded partnership, stating, “Mason Advisory holds a strategic position as a specialized independent management consultancy, and we look forward to continuing to contribute to the realization of its high growth potential based on positive market fundamentals coupled with a strong management team and track record.”

The purchase consideration for the additional stake will be settled in cash from existing resources, underlining Datatec’s commitment to investing in the growth of Mason Advisory. Importantly, the acquisition does not fall under categorizable transactions as per the JSE Listings Requirements, and therefore, it does not require approval from Datatec shareholders.

The move comes at a time when the ICT sector is experiencing dynamic shifts, and Datatec’s increased stake in Mason Advisory positions the conglomerate to capitalize on the opportunities presented by the evolving market landscape. Industry observers are keenly watching how this strategic move will unfold, anticipating positive outcomes for both Datatec and Mason Advisory in the competitive realm of digital and technology consulting.