BEE group Bula Holdings has acquired a majority ownership of CommerceQuest SA, a 10-year-old systems integration and middleware company that specialises in the IBM software solutions space.
“BULA has always invested in the opportunity of adding depth to our solutions, services and infrastructure business," says Richard Isaacs, CEO of Bula Holdings.
"We identified a definite synergy between the Bula and CommerceQuest businesses. Previously clients could only get a total solution by engaging with various partners. With this acquisition we add the integration and middleware solution, placing us in an extremely favourable position as we offer an end-to-end solution, subsequently securing a larger portion of the value chain."
Alex Steyn, MD of CommerceQuest SA, says: “The acquisition enables us and the Bula group of companies to capture more of the opportunities within our targeted industries. We are now able to add to the skills set and provide a wrap around service across all industry sectors.”
CommerceQuest SA has implemented and managed small to large integration projects in banking, insurance, retail, distribution, manufacturing, chemicals and oil industries.
Bula Holdings comprises Solutions and Technologies, each strategically positioned to support their product offering through a team of experienced and highly skilled professionals.