Source: IT Web.
Crossfin makes second investment in two months: Alacrity and Saratoga merger
South African-based fintech holding company, Crossfin Technology Holdings, has led a second investment in as many months to merge portfolio company Alacrity with IT services firm Saratoga.
According to Crossfin COO and co-founder Anton Gaylard, the merger of the two complementary businesses enables a more competitive market offering with greater scale.
“Both Alacrity and Saratoga are growing businesses in a highly competitive market. The merger enables the combined business to deliver tried and tested services and technology solutions to current and new clients at greater scale.”