Adapt IT - Ownership and Business Overview

Information TechnologyCompany

Adapt IT Ownership

Who owns Adapt IT?

Adapt IT is owned by Volaris Group. It was acquired on January 4, 2022.

Adapt IT Business Overview

Where is Adapt IT headquartered?

Adapt IT is headquartered in Johannesburg, South Africa.

What is Adapt IT’s revenue?

Adapt IT disclosed revenue of 1,503M ZAR for 2021 and 1,483M ZAR for 2020.

What sector is Adapt IT in?

Adapt IT is an information technology company.

When was Adapt IT founded?

Adapt IT was founded in 1996.

Information Technology M&A Summary in 2022

Out of 60 sectors in the Mergr database, information technology ranked 2 in number of deals in 2022. The largest information technology acquisition in 2022 was Black Knight - which was acquired by Intercontinental Exchange for $16.0B.

Join Mergr to view all 1064 acquisitions of information technology companies in 2022, including 130 acquisitions by private equity firms, and 934 by strategics.

Adapt IT

Adapt IT Holdings Ltd.

152 14th Road, Midrand, Adapt IT Johannesburg Campus ,
Johannesburg, 2196
South Africa,
www.adaptit.com

Adapt IT provides specialized software and digitally-led business solutions that assist clients across the targeted industries to Achieve more by improving their customer experience, core business operations, business administration, enterprise resource planning, and public service delivery. It has deep sector knowledge and experience predominantly in the education, manufacturing, financial services, energy, communications, and hospitality industries. To service international customers, the company focuses on the Pan-African market, where it has a presence in Mauritius, Botswana, Kenya and Nigeria, as well as on the Asia-Pacific market, where the group has a presence in Australia, New Zealand and Singapore. Adapt IT was forme din 1996 and is based in Johannesburg, South Africa.


Company Summary

SECTOR

Information Technology

Revenue

1,503   2% 2021
1,483   4% 2020
1,438   7% 2019
1,348   2018
(millions of ZAR) Show More Show Less

Established

1996

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