Our Corporate Finance team has extensive experience, global reach, cross-functional capabilities and combination of client service and middle market focus. We support a range of clients from across the globe including corporates, private equity, financial investors and governments to private companies, family-owned businesses, and entrepreneurs, with a view to realise strategic objectives, shape your vision and unlock value at every stage of the deal.
View transactions completed by our Corporate Finance deal specialists.
Deloitte Africa Corporate Finance Deals advised Dimension Data on the divestment of Internet Solutions Digital (Pty) Ltd (“MWEB”) to Web Africa Networks (Pty) Ltd
Completion date: Sept-23
Industry sector: Information Technology
Transaction type: M&A Advisory: Sell-side
Target: Internet Solutions Digital (Pty) Ltd (“MWEB”)
Acquirer: Web Africa Networks (Pty) Ltd
Vendor: Dimension Data
Deal description:
As part of a strategic portfolio review, Dimension Data identified Internet Solutions Digital (Pty) Ltd (“Mweb”) as non-core to their existing operations and future strategy and took a decision to evaluate the divestment thereof. Deloitte Africa Corporate Finance acted as an exclusive financial advisor to the shareholders of Mweb on the divestment of the business through a focussed and competitive M&A process.
A successful transaction was achieved through:
A fair, independent and competitive M&A process which was carefully managed.
Identifying and understanding key deal challenges timeously and acting swiftly to resolve them.
Engaging with the seller and bidders throughout the process to ensure transparency and build trust.
Supporting the due diligence and legal negotiation processes with a hands-on approach.
Providing a comprehensive solution that included all aspects of the sale process, from soliciting interest all the way to final closure - a one stop shop, end-to-end M&A solution.
