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AYO Technology Solutions

Full company profile

uuid003f6fi

Namestring
AYO Technology Solutions
Legal namestring
AYO Technology Solutions
Websiteurl
ayotsl.com
Company typeenum
Public
Founded yearint
1996
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCape Town, South Africa
HQ citystring
Cape Town
HQ countrystring
South Africa
HQ regionstring
Africa
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
ICT infrastructure services, healthcare information systems, telecommunications distribution, value-added technology distribution, defence command systems
Industry3 codes
1Enterprise Architecture & Technology Roadmapping
CodeBPAEAAACPrimaryYes
2Industrial Connectivity & Networks (5G/LPWAN/TSN/Industrial Ethernet)
CodeIMAIAMAHPrimaryNo
3Industrial I/O, Signal Conditioning & Remote Terminal Units (RTUs)
CodeIMAGABADPrimaryNo
NAICS code3 codes
  • Computer Systems Design and Related Services54151
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services518
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services5182
SIC code3 codes
  • Services-Computer Integrated Systems Design7373
  • Computer Communications Equipment3576
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
IT Services and Technology Investment Holding
Social media profiles1 record
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model6 records
1Technology Investment Returns
TypeSubscription Recurring
Description

AYO generates returns through pro-active acquisition strategy identifying, securing and scaling disruptive businesses. The company takes stakes in technology companies (ranging from 24% to 100% ownership) and creates value through financial, strategic, managerial, sales and marketing support, access to commercial networks and deal-making expertise.

ayotsl.com
2Hardware Distribution
TypeHardware Sales
Description

Headset Solutions generates revenue as one of the largest importers and distributors of telecommunications and consumer electronics products, with over 1 million headsets sold over 10 years and largest inventory on the African continent. Distributes Poly, Jabra and Konftel brands.

ayotsl.com
3ICT Services and Solutions
TypeManaged Services
Description

Sizwe Africa IT Group provides ICT services including physical infrastructure, managed services, fibre, facilities management, solar solutions and finance options, serving public and private sector clients.

ayotsl.com
4Value-Added Distribution
TypeTransaction Fee
Description

Kathea operates as a value-added distributor of voice, audiovisual, video conferencing and workspace management products and services, representing top communication and collaboration technology brands with 700+ partners.

ayotsl.com
5Digital Media and Cloud Services
TypeLicensing Royalties
Description

Afrozaar provides digital media product set for commercialisation of digital content, with Acacia Cloud Solutions as an Amazon partner offering cloud infrastructure.

ayotsl.com
6Healthcare Software Licensing
TypeLicensing Royalties
Description

Health System Technologies licenses proprietary healthcare software to healthcare organizations including government health departments and private health sector entities.

ayotsl.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details2 tiers
1Healthcare Software Solutions - Enterprise licensing
ModelSubscriptionBilling cadenceAnnual
Notes

Proprietary healthcare software licensed to healthcare organizations. During COVID-19, HST provided software to 2 field hospitals free of charge.

ayotsl.com
2ICT Solutions and Services
ModelOtherBilling cadenceMulti-year contract
Notes

Full spectrum ICT solutions from physical infrastructure to managed services, fibre, facilities management and solar solutions. Provided with finance options.

ayotsl.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

AYO Technology Solutions is a technology investment holding company that acquires and scales disruptive technology businesses across Africa. Through its operating subsidiaries, it provides enterprise healthcare information systems, ICT infrastructure and managed services, telecommunications product distribution, value-added distribution of voice/video conferencing products, digital media commercialization platforms, IoT and fleet tracking solutions, and sovereign command and control systems for defence and security markets.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • World's largest laboratory information system deployment for NHLS
+3 more records
Product overview1 text field

AYO Technology Solutions is a technology investment company founded in 1996, listed on the Johannesburg Stock Exchange in 2017 (and delisted in 2025). It operates not as a single unified product company but as a holding group with a portfolio of subsidiary companies, each offering distinct technology products and services. The portfolio includes Health System Technologies (HST) for enterprise healthcare information systems and pharmacy management; Headset Solutions as an audio/video telecommunications distributor; Sizwe Africa IT Group for ICT infrastructure, managed services, and solar solutions; SGT Solutions for turnkey mobile broadband and networking communications; Afrozaar for digital media content distribution and cloud infrastructure; Digital Matter for fleet tracking, IoT devices, and remote management; GC2T for command and control and situational awareness solutions; and Kathea Communications for value-added distribution of voice and video conferencing products. AYO's management style is described as decentralised, partnering with subsidiaries rather than dictating to them, and its investment focus spans healthcare, connectivity infrastructure, education technology, e-commerce, cybersecurity, and climate/renewable energy.

Product and service8 records
1Health System Technologies (HST) Healthcare Information Systems
CategoryHealthcare Information Technology
Description

Enterprise Healthcare Information System (HIS), Centralised Laboratory Information System, Health Information Exchange, JAC Pharmacy Management System, and COVID-19 integration solutions for public and private health sector organisations in South Africa and Nigeria.

2Headset Solutions Telecommunications Distribution
CategoryTelecommunications Distribution
Description

Importation and distribution of Poly, Jabra, and Konftel telecommunications and consumer electronics products across 10 African countries. Sole distributor of Poly range in Africa with the largest inventory on the continent.

3Sizwe Africa IT Group ICT Services
CategoryICT Infrastructure and Managed Services
Description

Full spectrum ICT solutions including physical infrastructure, managed services, fibre, facilities management, solar solutions, and finance options. Serves public and private sectors across mining, education, and government verticals.

4SGT Solutions Communications Systems Integration
CategoryCommunications Systems Integration
Description

Turnkey multi-technology communications systems integration for mobile broadband, networking, and microwave transmission. Serves mobile network operators, large public and private organisations, and state-owned enterprises.

5Afrozaar Publisher's Toolbox and Acacia Cloud Solutions
CategoryDigital Media and Cloud Infrastructure
Description

Digital media product set for secure content distribution and commercialisation (Publisher's Toolbox) plus Acacia Cloud Solutions as an Amazon partner for cloud infrastructure. Serves media groups, brand agencies, and retailers in Africa, US, and Europe. Includes clients like The Telegraph Media Group, Media 24, and Condé Nast.

6Digital Matter Fleet Tracking and IoT Devices
CategoryIoT and Fleet Tracking
Description

Mobile tracking software and battery-powered tracking devices, intuitive fleet tracking platform for asset monitoring across difficult terrains, remote device management system, and IoT sensor devices. Used across industries including wildlife conservation.

7GC2T Sovereign Command and Control Technology
CategoryDefence and Security Technology
Description

Asset and force tracking across land, air, and maritime domains; integrated situational awareness platforms; constructive simulation technology for military, commercial security, and awareness applications. Has been the national sovereign command and control capability for the South African Department of Defence for 20 years.

8Kathea Communications Value-Added Distribution
CategoryValue-Added Distribution (Communications and Collaboration)
Description

Value-added distribution of voice, audiovisual, video conferencing, and workspace management products and services, representing top communication and collaboration technology brands. Serves over 700 partners across all South African industry segments.

Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Sizwe Africa IT Group maintains deep-rooted strategic partnership with Samsung as a global OEM partner and vendor, providing ICT solutions to clients across South Africa.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Sizwe Africa IT Group maintains deep-rooted strategic partnership with Dell as a global OEM partner and vendor for ICT infrastructure solutions.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Sizwe Africa IT Group maintains deep-rooted strategic partnership with HP as a global OEM partner providing hardware solutions.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Sizwe Africa IT Group maintains deep-rooted strategic partnership with Apple as a global OEM partner providing technology solutions.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Sizwe Africa IT Group maintains deep-rooted strategic partnership with Microsoft as a global OEM partner for software and cloud solutions.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Sizwe Africa IT Group maintains deep-rooted strategic partnership with Cisco as a global OEM partner for networking and communications solutions.

Strategic tierCoreTypeTechnology or Integration
Description

Afrozaar's Acacia Cloud Solutions operates as an Amazon partner providing cloud infrastructure services to clients.

Strategic tierCoreTypeTechnology or Integration
Description

Digital Matter is a certified Microsoft Corporation development partner, building IoT and tracking solutions on Microsoft platforms.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

GE Healthcare is a global healthcare IT and medical imaging vendor. Comparable to AYO's HST subsidiary in enterprise healthcare information systems and laboratory information management, though at global scale.

TypeDirect peer
Description

Altron is a JSE-listed South African technology group providing ICT services, software, and digital platforms across multiple verticals. Most directly comparable to AYO as a diversified African tech holding company with similar enterprise/government go-to-market and B-BBEE positioning.

TypeDirect peer
Description

Datatec is a JSE-listed international ICT group operating Westcon, Logicalis, and Analysys Mason. Comparable to AYO via its multi-subsidiary holding structure spanning distribution, managed services, and consulting across Africa and emerging markets.

TypeDirect peer
Description

EOH is a South African ICT services provider focused on enterprise IT, managed services, and digital transformation. Closely comparable to AYO's Sizwe subsidiary in serving public/private sector digital infrastructure.

5Pinnacle Holdings
TypeDirect peer
Description

Pinnacle is a JSE-listed South African value-added distributor of enterprise hardware and software. Compares directly to AYO's Kathea and Headset Solutions distribution franchises that serve the African ICT channel.

TypeBroad incumbent
Description

Dimension Data (now NTT Data) is a global systems integrator with deep African roots. Comparable to AYO/Sizwe as a large enterprise ICT integrator serving African enterprises and governments, though at vastly larger scale.

TypeBroad incumbent
Description

Siemens Healthineers provides enterprise hospital and laboratory IT systems globally. Comparable to AYO's HST subsidiary in selling proprietary healthcare software platforms to public and private health sector organizations.

TypeBroad incumbent
Description

Westcon-Comstor is a global value-added distributor of security, collaboration, and networking technology. Comparable to AYO's Kathea and Headset Solutions in the unified communications distribution space across Africa.

TypeDirect peer
Description

Mustek is a South African IT hardware distributor and solutions provider. Comparable to AYO's Headset Solutions and Kathea subsidiaries in distribution of Poly/Jabra-class audio-visual and computing hardware.

TypeDirect peer
Description

BCX is a large South African ICT solutions provider within the Telkom group, offering managed services, cloud, and connectivity. Comparable to AYO's Sizwe subsidiary in serving enterprise and government across mining, education, and public sector.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile8 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries8 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

AYO Technology Solutions

IT Services and Technology Investment Holdingayotsl.com

AYO Technology Solutions firmographics

Firmographics
Name
AYO Technology Solutions
Legal name
AYO Technology Solutions
Website
https://ayotsl.com
Company type
Public
Founded year
1996
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

AYO Technology Solutions industry classification

Industry
Product category
IT Services and Technology Investment Holding
NAICS
Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
SIC
Services-Computer Integrated Systems Design (7373), Computer Communications Equipment (3576), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
Enterprise Architecture & Technology Roadmapping (BPAEAAAC)
akta.pro secondary industries
Industrial Connectivity & Networks (5G/LPWAN/TSN/Industrial Ethernet) (IMAIAMAH), Industrial I/O, Signal Conditioning & Remote Terminal Units (RTUs) (IMAGABAD)

Keywords

  • ICT infrastructure services
  • Healthcare information systems
  • Telecommunications distribution
  • Value-added technology distribution
  • Defence command systems

Where AYO Technology Solutions is headquartered

Location

Headquarters

HQ city
Cape Town
HQ country
South Africa
HQ region
Africa

Offices1 record

Markets served

AYO Technology Solutions business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Technology Investment Returns: AYO generates returns through pro-active acquisition strategy identifying, securing and scaling disruptive businesses. The company takes stakes in technology companies (ranging from 24% to 100% ownership) and creates value through financial, strategic, managerial, sales and marketing support, access to commercial networks and deal-making expertise.
  2. Hardware Distribution: Headset Solutions generates revenue as one of the largest importers and distributors of telecommunications and consumer electronics products, with over 1 million headsets sold over 10 years and largest inventory on the African continent. Distributes Poly, Jabra and Konftel brands.
  3. ICT Services and Solutions: Sizwe Africa IT Group provides ICT services including physical infrastructure, managed services, fibre, facilities management, solar solutions and finance options, serving public and private sector clients.
  4. Value-Added Distribution: Kathea operates as a value-added distributor of voice, audiovisual, video conferencing and workspace management products and services, representing top communication and collaboration technology brands with 700+ partners.
  5. Digital Media and Cloud Services: Afrozaar provides digital media product set for commercialisation of digital content, with Acacia Cloud Solutions as an Amazon partner offering cloud infrastructure.
  6. Healthcare Software Licensing: Health System Technologies licenses proprietary healthcare software to healthcare organizations including government health departments and private health sector entities.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualHealthcare Software Solutions - Enterprise licensing
OtherMulti-year contractICT Solutions and Services

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

AYO Technology Solutions product offering

Product offering

Core offering

AYO Technology Solutions is a technology investment holding company that acquires and scales disruptive technology businesses across Africa. Through its operating subsidiaries, it provides enterprise healthcare information systems, ICT infrastructure and managed services, telecommunications product distribution, value-added distribution of voice/video conferencing products, digital media commercialization platforms, IoT and fleet tracking solutions, and sovereign command and control systems for defence and security markets.

Product overview

AYO Technology Solutions is a technology investment company founded in 1996, listed on the Johannesburg Stock Exchange in 2017 (and delisted in 2025). It operates not as a single unified product company but as a holding group with a portfolio of subsidiary companies, each offering distinct technology products and services. The portfolio includes Health System Technologies (HST) for enterprise healthcare information systems and pharmacy management; Headset Solutions as an audio/video telecommunications distributor; Sizwe Africa IT Group for ICT infrastructure, managed services, and solar solutions; SGT Solutions for turnkey mobile broadband and networking communications; Afrozaar for digital media content distribution and cloud infrastructure; Digital Matter for fleet tracking, IoT devices, and remote management; GC2T for command and control and situational awareness solutions; and Kathea Communications for value-added distribution of voice and video conferencing products. AYO's management style is described as decentralised, partnering with subsidiaries rather than dictating to them, and its investment focus spans healthcare, connectivity infrastructure, education technology, e-commerce, cybersecurity, and climate/renewable energy.

Differentiator

Problem solved

Functional benefit

Products and services

  • Health System Technologies (HST) Healthcare Information Systems Enterprise Healthcare Information System (HIS), Centralised Laboratory Information System, Health Information Exchange, JAC Pharmacy Management System, and COVID-19 integration solutions for public and private health sector organisations in South Africa and Nigeria.
  • Headset Solutions Telecommunications Distribution Importation and distribution of Poly, Jabra, and Konftel telecommunications and consumer electronics products across 10 African countries. Sole distributor of Poly range in Africa with the largest inventory on the continent.
  • Sizwe Africa IT Group ICT Services Full spectrum ICT solutions including physical infrastructure, managed services, fibre, facilities management, solar solutions, and finance options. Serves public and private sectors across mining, education, and government verticals.
  • SGT Solutions Communications Systems Integration Turnkey multi-technology communications systems integration for mobile broadband, networking, and microwave transmission. Serves mobile network operators, large public and private organisations, and state-owned enterprises.
  • Afrozaar Publisher's Toolbox and Acacia Cloud Solutions Digital media product set for secure content distribution and commercialisation (Publisher's Toolbox) plus Acacia Cloud Solutions as an Amazon partner for cloud infrastructure. Serves media groups, brand agencies, and retailers in Africa, US, and Europe. Includes clients like The Telegraph Media Group, Media 24, and Condé Nast.
  • Digital Matter Fleet Tracking and IoT Devices Mobile tracking software and battery-powered tracking devices, intuitive fleet tracking platform for asset monitoring across difficult terrains, remote device management system, and IoT sensor devices. Used across industries including wildlife conservation.
  • GC2T Sovereign Command and Control Technology Asset and force tracking across land, air, and maritime domains; integrated situational awareness platforms; constructive simulation technology for military, commercial security, and awareness applications. Has been the national sovereign command and control capability for the South African Department of Defence for 20 years.
  • Kathea Communications Value-Added Distribution Value-added distribution of voice, audiovisual, video conferencing, and workspace management products and services, representing top communication and collaboration technology brands. Serves over 700 partners across all South African industry segments.

Quantifiable outcome

  • World's largest laboratory information system deployment for NHLS
  • +3 more outcomes

Companies that use AYO Technology Solutions

Customer profile

Named customers12 records

Segments6 records

Ideal customer profiles8 records

AYO Technology Solutions technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

AYO Technology Solutions partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered core.

  • SamsungcoreStrategic or Co-development PartnerSizwe Africa IT Group maintains deep-rooted strategic partnership with Samsung as a global OEM partner and vendor, providing ICT solutions to clients across South Africa.
  • DellcoreStrategic or Co-development PartnerSizwe Africa IT Group maintains deep-rooted strategic partnership with Dell as a global OEM partner and vendor for ICT infrastructure solutions.
  • HPcoreStrategic or Co-development PartnerSizwe Africa IT Group maintains deep-rooted strategic partnership with HP as a global OEM partner providing hardware solutions.
  • ApplecoreStrategic or Co-development PartnerSizwe Africa IT Group maintains deep-rooted strategic partnership with Apple as a global OEM partner providing technology solutions.
  • MicrosoftcoreStrategic or Co-development PartnerSizwe Africa IT Group maintains deep-rooted strategic partnership with Microsoft as a global OEM partner for software and cloud solutions.
  • CiscocoreStrategic or Co-development PartnerSizwe Africa IT Group maintains deep-rooted strategic partnership with Cisco as a global OEM partner for networking and communications solutions.
  • Amazon Web ServicescoreTechnology or IntegrationAfrozaar's Acacia Cloud Solutions operates as an Amazon partner providing cloud infrastructure services to clients.
  • Microsoft CorporationcoreTechnology or IntegrationDigital Matter is a certified Microsoft Corporation development partner, building IoT and tracking solutions on Microsoft platforms.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

AYO Technology Solutions competitors and assessment

Company assessment

Broad incumbents

  • GE Healthcare: GE Healthcare is a global healthcare IT and medical imaging vendor. Comparable to AYO's HST subsidiary in enterprise healthcare information systems and laboratory information management, though at global scale.
  • Dimension Data (NTT Data): Dimension Data (now NTT Data) is a global systems integrator with deep African roots. Comparable to AYO/Sizwe as a large enterprise ICT integrator serving African enterprises and governments, though at vastly larger scale.
  • Siemens Healthineers: Siemens Healthineers provides enterprise hospital and laboratory IT systems globally. Comparable to AYO's HST subsidiary in selling proprietary healthcare software platforms to public and private health sector organizations.
  • Westcon-Comstor: Westcon-Comstor is a global value-added distributor of security, collaboration, and networking technology. Comparable to AYO's Kathea and Headset Solutions in the unified communications distribution space across Africa.

Direct peers

  • Altron: Altron is a JSE-listed South African technology group providing ICT services, software, and digital platforms across multiple verticals. Most directly comparable to AYO as a diversified African tech holding company with similar enterprise/government go-to-market and B-BBEE positioning.
  • Datatec: Datatec is a JSE-listed international ICT group operating Westcon, Logicalis, and Analysys Mason. Comparable to AYO via its multi-subsidiary holding structure spanning distribution, managed services, and consulting across Africa and emerging markets.
  • EOH Holdings: EOH is a South African ICT services provider focused on enterprise IT, managed services, and digital transformation. Closely comparable to AYO's Sizwe subsidiary in serving public/private sector digital infrastructure.
  • Pinnacle Holdings: Pinnacle is a JSE-listed South African value-added distributor of enterprise hardware and software. Compares directly to AYO's Kathea and Headset Solutions distribution franchises that serve the African ICT channel.
  • Mustek: Mustek is a South African IT hardware distributor and solutions provider. Comparable to AYO's Headset Solutions and Kathea subsidiaries in distribution of Poly/Jabra-class audio-visual and computing hardware.
  • BCX (Telkom): BCX is a large South African ICT solutions provider within the Telkom group, offering managed services, cloud, and connectivity. Comparable to AYO's Sizwe subsidiary in serving enterprise and government across mining, education, and public sector.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

AYO Technology Solutions social profiles

Digital presence

AYO Technology Solutions financial estimates

Financial estimate

Revenue estimate

Valuation estimate

AYO Technology Solutions leadership team

Management profile

Number of profiles

Profiles3 records

AYO Technology Solutions subsidiaries and ownership

Company hierarchy

Subsidiaries8 records

AYO Technology Solutions funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

AYO Technology Solutions M&A and investment

M&A and investment

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AYO Technology Solutions

What does AYO Technology Solutions do?

AYO Technology Solutions is a technology investment holding company that acquires and scales disruptive technology businesses across Africa. Through its operating subsidiaries, it provides enterprise healthcare information systems, ICT infrastructure and managed services, telecommunications product distribution, value-added distribution of voice/video conferencing products, digital media commercialization platforms, IoT and fleet tracking solutions, and sovereign command and control systems for defence and security markets.

Is AYO Technology Solutions a public or private company?

AYO Technology Solutions is a public company. It is classified as unknown and is currently operating.

When was AYO Technology Solutions founded?

AYO Technology Solutions was founded in 1996. It employs 11 to 50 people.

Where is AYO Technology Solutions based?

AYO Technology Solutions is headquartered in Cape Town, South Africa, in the Africa region.

How does AYO Technology Solutions make money?

Six revenue lines are on record. Technology Investment Returns are the primary driver. The others are hardware Distribution, ICT Services and Solutions, value-Added Distribution, digital Media and Cloud Services and healthcare Software Licensing.

Who are AYO Technology Solutions's main competitors?

Broad incumbents on record are GE Healthcare, Dimension Data (NTT Data), Siemens Healthineers and Westcon-Comstor. Direct peers are Altron, Datatec, EOH Holdings, Pinnacle Holdings, Mustek and BCX (Telkom).

Does AYO Technology Solutions have an API?

No public API is recorded for AYO Technology Solutions.

What industry is AYO Technology Solutions in?

AYO Technology Solutions's product category is IT Services and Technology Investment Holding. Its primary akta.pro industry code is BPAEAAAC, Enterprise Architecture & Technology Roadmapping, with a secondary code of IMAIAMAH, Industrial Connectivity & Networks (5G/LPWAN/TSN/Industrial Ethernet). Its NAICS code is 54151 and its SIC code is 7373.

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Live signals
ITWebMustek, AYO flag irregular expenditure at Sizwe ITSizwe Africa IT Group suspended employees and launched an internal investigation after shareholders AYO and Mustek flagged irregular expenditure identified during an audit. The financial impact on AYO is estimated between 6.05 cents and 7.39 cents per share, while the irregularities will also be accounted for in Mustek's results. Both parent companies expressed regret over the breach of corporate governance but emphasized their commitment to resolving the matter.Ow.ly Link ShortenerAyo dividends near R1bn as ‘PIC cash pile’ dwindlesAyo Technology declared an interim dividend of 35c per share, totaling R120.4 million, despite reporting a headline loss of R122 million on revenue of R859 million for the six months ending February 28, 2022. The company's total dividends paid out since its listing in 2018 will reach R950 million after this declaration. Notably, Ayo's dividend payments are under legal review by the Public Investment Corporation as they contest the legality of their previous investment agreement.ITWebBanking crackdown, litigation dent AYO’s growth plansAYO Technology Solutions has faced challenges in optimizing its cash flow and investment returns due to a banking crackdown affecting its accounts and ongoing litigation with the Public Investment Corporation (PIC). The company reported a revenue decrease of 8% to R792 million and a loss before tax increase of 29% to R85 million for the six months ending February, as these issues have distracted management and hindered growth initiatives. AYO aims to adapt by nurturing client relationships and exploring acquisition opportunities despite the current obstacles.AmabhunganeAmaBhungane Centre for Investigative JournalismAyo Technology Solutions continues to use PIC funds for related-party acquisitions, including a new R48-million deal via SGT Solutions. The transaction benefits AEEI and Survé's family holding, while the PIC's R4.3-billion investment remains under court challenge. Ayo's PIC cash has dwindled to R3.3-billion, yet dividends were declared.SABC NewsIqbal Survé faces bribe accusationsIqbal Survé allegedly tried to bribe Ayo Technologies' former CEO Kevin Hardy in August 2018, offering an all-expenses-paid Cape Town apartment. Hardy declined, and Ayo's CIO Abdul Malick overvalued the company during a R4.3 billion PIC investment. Former CIO Siphiwe Nodwele testified the company was worth R700 million, not R14.8 billion.Companies on Mail & GuardianCracks appear in the PICPublic Investment Corporation inquiry hearings began, focusing on the Ayo Technologies investment of R4.3 billion, which is now about R2 billion underwater. Two senior employees were suspended for failing due diligence, and the commission is examining settlement agreements and potential improper conduct.MiningmxPIC suspends Fidelis Madavo amid questions of R4.3bn investment in Ayo TechnologiesThe Public Investment Corporation suspended Fidelis Madavo and Victor Seanie over a R4.3bn investment in Ayo Technologies. Madavo signed off on the 29% stake when it listed, and the PIC said a preliminary report found governance flouting. Madavo will submit evidence under oath.Daily MaverickIqbal Survé's listing shipThe Public Investment Corporation invested R4.3 billion in Ayo Technology Solutions, raising its net asset value from 15 cents to R12.47 per share, while the Survé family's stake fell from 48.8% to 29.9%. Sagarmatha Technologies' listing was aborted after the PIC withdrew approval, and the company remains vague on a new listing date.