Reflex Solutions has been acquired by Myriad Capital Communications
Jasco Electronics Holdings has sold Reflex Solutions to Myriad Capital Communications.
Reflex was established in 2000 and initially specialized in the IT managed services market before adding hosted IT Infrastructure, cloud services and more recently,
fiber to the home (FTTH) solutions. Reflex’s operations cover Johannesburg, Cape Town, Port Elizabeth and Durban. Its blue-chip customer base spans the retail, logistics, education, telecommunications and financial services industries.
Myriad Capital Communications is an investment entity owned by the management of Reflex Solutions.
Jasco is a South African, JSE-listed company that delivers smart technologies across multiple disciplines, such as telecommunications, information technology, energy and industry. By leveraging synergies between these disciplines, Jasco is able to deliver complete end-to-end solutions.
Oaklins’ team in South Africa acted as corporate advisor and sponsor in this transaction.
Talk to the deal team
Annerie Britz
Oaklins Grindrod
Related deals
Winking Studios Limited completes a secondary fundraising of US$20 million
Winking Studios has successfully raised US$20 million to fund its business strategy and future plans, such as strategic acquisitions, alliances and joint ventures as well as secondary or dual listings, to grow the group’s market share and broaden its customer base globally.
Learn moreHaufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International
The Haufe Group SE has sold Haufe-Lexware Real Estate AG to Aareon Group.
Learn moreGARAIO has been acquired by Netrics Group
Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.
Learn more