Who Owns Alviva Company?

Alviva Bundle

Get Full Bundle:

	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	PESTLE	$15	$10
	SWOT	$15	$10

TOTAL:

ADD TO CART

Who Owns Alviva Holdings Limited?

Understanding a company's ownership is key to grasping its strategic direction and market influence. Alviva Holdings Limited, a major ICT player in Africa, recently transitioned to private ownership in early 2023, marking a significant shift in its governance.

This move from public trading on the JSE to private status fundamentally alters how Alviva operates and charts its future course across the continent's dynamic technology sector.

Alviva Holdings Limited, established in 1986 and previously known as Pinnacle Holdings Limited, is a prominent distributor and provider of information and communication technology (ICT) products and services throughout Africa. Headquartered in Midrand, Johannesburg, South Africa, the company aims to be a comprehensive ICT solutions provider for both public and private sectors. Its extensive network and diverse offerings, including technology solutions and financial services, position it as one of Africa's largest ICT providers. Analyzing its ownership structure is vital for comprehending its operational strategies and market impact, especially in light of its recent Alviva PESTEL Analysis.

Alviva Holdings Limited was incorporated in South Africa in 1986. Its early ownership was shaped by mergers and acquisitions within the IT distribution sector, making it difficult to identify a single founder. Key individuals likely held significant stakes in the companies that eventually formed the group.

Founding Individuals

While specific names are not publicly detailed, individuals instrumental in consolidating IT distribution companies were pivotal. These figures likely held substantial equity in their respective ventures before the formation of the larger group.

Early Investment Landscape

Beyond the individuals driving the mergers, early financial backing came from private investors. Institutional support may also have played a role in financing the consolidation and growth phases of the nascent company.

Integration Agreements

To manage the integration of various entities, agreements such as vesting schedules and buy-sell clauses were likely implemented. These mechanisms were crucial for aligning the interests of founding teams and early investors.

Strategic Vision

The collective vision of the founding team was to establish a comprehensive ICT solutions provider across Africa. This ambition drove the strategic acquisition and integration of diverse technology businesses.

Public Records Scarcity

Detailed initial shareholding percentages are not readily available in public records. This is further complicated by the company's recent delisting, which limits access to historical ownership data.

Market Context

The company's formation occurred during a period of significant consolidation in the South African IT distribution market. This environment fostered the strategic mergers that led to its establishment.

The early ownership structure of Alviva Holdings was a complex tapestry woven from the consolidation of various IT distribution entities. While specific initial shareholding percentages for the individuals who spearheaded these mergers are not publicly detailed, especially following the company's recent delisting, it's understood that private investors and potentially institutional capital provided the necessary backing. Agreements like vesting schedules and buy-sell clauses were instrumental in harmonizing the interests of the founding teams and early investors as the company grew. This strategic assembly of diverse technology businesses was driven by a collective vision to create an integrated ICT solutions provider operating across Africa, laying the foundation for its future market presence and influencing its Target Market of Alviva.

Key Aspects of Early Ownership

Understanding the early ownership of Alviva Holdings requires looking beyond a single founder to the individuals who orchestrated strategic mergers. The company's growth was fueled by a combination of entrepreneurial drive and external investment.

• Formation through mergers and acquisitions in the South African IT sector.
• Key individuals leading consolidation held significant stakes.
• Early financial support from private investors and potentially institutions.
• Agreements like vesting schedules and buy-sell clauses were crucial for integration.
• Founding team's vision for an integrated African ICT solutions provider.

Alviva SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

The ownership of Alviva Holdings Limited underwent a significant shift with its delisting from the Johannesburg Stock Exchange (JSE) on March 7, 2023. This transition marked a move from public ownership to a privately held entity, fundamentally altering its stakeholder landscape.

Prior to its delisting, Alviva Holdings Limited was a publicly traded entity with its shares distributed among various investors, including institutional funds and individual shareholders. The pivotal change in its ownership structure occurred through a take-private transaction initiated by a consortium of investors. This consortium, represented by Fonzosys (Pty) Ltd, successfully acquired all outstanding Alviva shares. Key members of this consortium include Alviva's CEO, Pierre Spies, and executive director, Robert Sussman, alongside Tham Investments, Day One Asset Management (DOAM), and an individual named P Ramasamy. Tham Investments and P Ramasamy were already substantial shareholders, collectively holding approximately 18.7% of Alviva's issued share capital before the deal. DOAM, a private entity, is entirely owned by four funds managed by Peregrine Capital (Pty) Ltd. This transaction, valued at R2.8 billion (approximately $150 million USD as of June 2024), with a cash offer of R28.00 per share, resulted in Fonzosys (Pty) Ltd securing complete control, transforming Alviva into a privately held, majority black-owned ICT company. This strategic move allows for enhanced operational flexibility and a long-term investment focus, independent of public market scrutiny, and positions Alviva as a significant player in the ICT sector, a trend also observed in the Competitors Landscape of Alviva.

Key Stakeholders Post-Acquisition

Following the take-private transaction, Alviva Holdings Limited is now under the 100% control of Fonzosys (Pty) Ltd.

• Fonzosys (Pty) Ltd is the sole owner.
• Key management members like Pierre Spies and Robert Sussman are part of the controlling consortium.
• Tham Investments and P Ramasamy were significant pre-existing shareholders.
• Day One Asset Management (DOAM), owned by Peregrine Capital funds, is also a stakeholder.
• The transaction aimed to create a majority black-owned ICT champion.

Alviva PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

Following its privatization, the board of directors for Alviva Holdings Limited is structured to reflect the consortium members who led the buyout. As of the 2024 Corporate Profile, the board includes executive directors such as Pierre Spies, the CEO, and Robert Sussman. Pierre Spies, who became CEO on January 27, 2016, has a significant background in the ICT sector, including prior roles as CFO and CEO at Tarsus Technology Group.

The current non-executive directors for 2024 include P Ramasamy, who also holds the position of Chairman, alongside Z Vabaza, M Mahalangu, and M Mokoka. M Mahalangu is notably the widow of the late Fannie Mahlangu, a key figure in the consortium that facilitated Alviva's delisting and its transition into a private, majority black-owned entity. The voting power within this privately held company is now managed through a shareholders' agreement, which centralizes decision-making among the primary investors and the management team that constituted the consortium. This concentrated control enables more responsive strategic adjustments and focused long-term investments, a shift from its previous public operational framework.

Alviva's Ownership Structure

Alviva Holdings Limited is now a privately held company, with its ownership structure determined by a shareholders' agreement. This agreement centralizes control among key investors and the management team.

• Alviva is no longer a public company.
• The board composition reflects the consortium members.
• Decision-making is concentrated among key stakeholders.
• This structure allows for agile strategic shifts.
• Understanding Growth Strategy of Alviva provides context to these ownership changes.

Alviva Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

Over the last few years, Alviva has undergone a significant transformation in its ownership structure, moving from a public entity to a private one. This shift has reshaped its stakeholder landscape and strategic direction.

The most impactful recent development in Alviva's ownership profile was its transition to a privately held company, finalized on March 7, 2023. This delisting from the JSE occurred after a consortium, led by executive directors and financial partners, made a binding offer of R28.00 per share. This transaction valued the company at R2.8 billion and resulted in Fonzosys (Pty) Ltd holding 100% ownership, establishing Alviva as a majority black-owned ICT champion. This strategic move allows for a more focused operational approach away from public market pressures, aligning with the company's long-term objectives and its Mission, Vision & Core Values of Alviva.

Privatization and Control Consolidation

Alviva is now a private entity, with Fonzosys (Pty) Ltd holding complete ownership. This change occurred after its delisting from the JSE on March 7, 2023.

Strategic Divestment in 2024

In 2024, Alviva divested its subsidiary Datacentrix to Convergence Partners. This sale, approved by July 2024, signals a potential portfolio refinement under new private ownership.

Majority Black Ownership Status

Following the privatization, Alviva has been repositioned as a majority black-owned ICT champion. This aligns with broader economic empowerment initiatives.

Industry Trend Alignment

The move towards private ownership and strategic divestments mirrors trends in the ICT sector. Private entities often streamline operations to enhance focus and growth.

Alviva Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔