QBS Technology Group acquires Maxtec

QBS Technology Group has completed the acquisition of South Africa-based cybersecurity distributor Maxtec.

  • Monday, 29th April 2024 Posted 1 year ago in by Phil Alsop

The acquisition continues QBS’ journey to bolster its presence in the META (Middle East, Turkey and Africa) region and continues its journey to become a $1bn global business by 2030. This move aligns QBS goal to significantly expanding their global presence whilst tapping into fast growing emerging markets with promising potential.

Maxtec, headquartered in Johannesburg, SA, has been a prominent value-added distributor for over 38 years, boasting a robust vendor portfolio and deep technical proficiencies. Its reach extends across the 16 countries comprising the South African Development Community (SADC) region, with additional operations in Kenya, Angola and Botswana. Maxtec has over 85 co-workers, operates two foundations and is deeply integrated with the region’s largest resellers and system integrators.

“Acquiring Maxtec is a significant milestone in our expansion strategy and together we will leverage our collective strengths to roll out the QBS platform across the region”. said Dave Stevinson – Group CEO QBS Technology Group. “Maxtec has an exceptionally talented management team with an insane depth of pre-sales technical competency. I am so excited to help all of our existing and new vendors grow their business across Africa.”

“This is a proud moment for our entire team who have enabled a consistent growth trajectory. With QBS we have found a partner to facilitate further expansion into new territories and sustain growth in our existing regions. I look forward to the next chapter in Maxtec’s journey and to showcasing our Maxtec talent on this global platform”,” said Praven Pillay – Managing Director, Maxtec

Christine Nel, Commercial Director at Maxtec, echoes Pillay’s sentiments, emphasising the shared vision and values that unite both companies. “Our aligned vision fosters collaboration, ensuring seamless integration of operations and strategies as we move forward together,” Nel affirmed.

Assured Data Protection updates leadership structure, giving Giannini oversight of innovation and partner programs.

GTT Communications refreshes partner program offerings

Posted 2 days ago by Sophie Milburn
GTT Communications introduces new features in its EnvisionDX platform for channel partners.

Serbus emerges as unified security services brand

Posted 2 days ago by Sophie Milburn
Serbus rebrands to strengthen UK’s CNI against escalating threats, aiming for £75m revenue growth through organic expansion and strategic...
Gigamon announces its 2025 partner and alliance award recipients for contributions to deep observability solutions.
Northamber appoints Darren Spence as Group Managing Director to lead its distribution and partner operations.
TP-Link promotes Kieran Vineer to Distribution Channel Director, aiming to consolidate their networking and surveillance solutions in the UK and...
New research reveals that regulatory approvals are causing significant delays for UK's IT service providers.
Climb Channel extends its partnership with Delinea to Europe, focusing on enhancing cybersecurity solutions amid rising AI-driven threats.