MARKET MOVEMENT
GSC acquires strategic stake in South African company
Global Sports Commerce ( GSC ), one of the world ’ s largest sports , technology and management companies , has acquired a strategic stake in South African-based company Megapro Holdings .
This will include digital LED signage technology , scoring software , content creation and management , in-venue fan connectivity and sponsorship measurement solutions . GSC and Megapro already share ownership of Megaview , which provides LED and digital Solutions to leading South African sports agencies , stadiums , venues and stakeholders .
“ GSC is committed to providing worldwide professional expertise to enhance the commercial value for sports bodies and entities by creating more avenues for new commerce in the field of sports ,” said Donald Campbell , GSC Board Member of Megapro Holdings and Megaview . “ We are now taking a leap through our close association with Megapro Holdings and their well-established infrastructure , local market knowledge , experience , broad client network and successful track record across the everevolving sporting fraternity in South Africa .”
Founded in 1986 by the current Executive Chairman , George Rautenbach , Megapro Holdings has been at the forefront of the sports marketing industry in South Africa for over 30 years . Megapro has played an important role in all the major events in South Africa since the Rugby World Cup in 1995 , including the African Cup of Nations ( 1996 ), Cricket World Cup ( 2003 ) and FIFA World Cup ( 2010 ).
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New finance option offers good returns
Xperien has partnered with independent financial services company Merchant West to provide continuous IT lifecycle solutions , a fresh line of alternative funding to reduce the cost of IT assets .
The partnership offers a full end-to-end IT Asset Lifecycle solution from acquisition to financing , management and disposal .
Merchant West will structure a finance deal that reduces total usage cost of any IT asset and now offers finance options that have no impact on existing funding from other financial institutions .
Monique West , Head of Technology Asses Finance at Merchant West , said that by partnering with Xperien , its customers can now benefit from the use of brand new IT equipment at a subsidised rate .
“ In addition to the new equipment finance option , they can now make use of Merchant West ’ s fresh funding lines to finance Xperien ’ s continuous IT lifecycle
Xperien CEO , Wale Arewa solutions ,” she said . “ Given the rapid rate at which technology changes and depreciates in real terms , partnering with Xperien allows Merchant West to offer a holistic Asset Lifecycle Product to its clients , from inception right through to the end of the asset ’ s useful life where clients can further benefit from the end of lifecycle value added services , such as data destruction , reverse IT logistics and disposal .”
Xperien CEO Wale Arewa is excited about the partnership . “ We now offer clients flexibility and peace of mind at the end of an asset lifecycle term through our continuous IT lifecycle solutions ,” he said .
“ They now have an option to return their assets and finance the new equipment via Merchant West .”
The partnership offers a full endto-end IT Asset Lifecycle solution from acquisition to financing , management and disposal .
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