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Workforce's diversified investment structure delivers

Workforce's diversified investment structure delivers
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Workforce Holdings acquires IT specialist firm OpenSource

Workforce Holdings acquires IT specialist firm OpenSource
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Workforce Holdings, listed on the AltX board of the JSE, has acquired OpenSource Intelligent Solutions and OpenSource International with effect from 1 January 2021.
The maximum purchase consideration is approximately R24 million, subject to OpenSource achieving certain performance targets over three years.
OpenSource is a South African and Mauritius based business which was established in 1993. The company places skilled SAP resources on both a contract and permanent basis at clients utilising SAP’s Enterprise Resource Planning system.
In addition, OpenSource also provides SAP training and other services including SAP site maintenance and payroll outsourcing. OpenSource is an accredited SAP partner and resources consultants across all SAP modules and complementary technologies to companies in South Africa as well as internationally. ....

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South Africa – Workforce Holdings acquires OpenSource and OpenSource International

South Africa â Workforce Holdings acquires OpenSource and OpenSource International
10 December 2020
South African recruitment and outsourcing company Workforce Holdings (WKF:JNB) announced that it will acquire OpenSource Intelligent Solutions Proprietary Limited and OpenSource International Limited, with effect from 1 January 2021.
The maximum purchase consideration is ZAR 24.20 (USD 1.2 million), subject to OpsenSource achieving certain performance targets over three years.
OpenSource is a South African and Mauritius-based business which was established in 1993. The company places skilled SAP resources on both a contract and permanent basis at clients utilising SAPâs Enterprise Resource Planning system.
In addition, OpenSource also provides SAP training and other services including SAP site maintenance and payroll outsourcing. OpenSource is an accredited SAP partner and resources consultants across all SAP modules and complementary technologies to co ....

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