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LAW Holdings Acquires Shares In Assimilated Information Systems

Milcah Lukhanyu by Milcah Lukhanyu
8 years ago
in Business
4 min read
0
_Luis
Luis Casaleiro, CEO of LAW Holdings

LAW Holdings recently confirmed its purchase of a controlling stake in Assimilated Information Systems (Pty) Ltd. (AIS).

As such the LAW Group of companies, which combined provide secure web-based workflow solutions to a wide-range of industries, now incorporates AIS following its purchase of a controlling stake in the technology systems company.

The Group was established in 2000, has a national footprint and incorporates LAW Compliance, LAW Credit, LAW Data, LAW Namibia, LAW Property and LAW Trust.

This sizeable venture has a client base of over 2000 law firms, as well as large retail groups, banks, metropolitan municipalities, estate agent chains, credit providers, financial institutions, listed companies and government departments.

AIS is a proudly South African company established in 2006, with the purpose of developing, marketing, supplying and consulting on software and information technology.

The company comprises a close-knit group of specialists with a wide range of expertise in several business disciplines including:  document generation and automation, access control, asset tracking and biometrics, as well as specialised software development for Microsoft platforms including application development and system integration.

Ernest Kleynhans, Managing Director of AIS, describes the LAW Group as a “well established leader in the Information Technology space, resonating strongly with AIS’s vision”.

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Executive leadership within the LAW Group say AIS represents a close fit with the company and is aligned to its direction and growth strategy going forward.

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They believe the incorporation of AIS adds significant value to the Group and strengthens its ability to sustain its position of growth within a competitive marketplace.

Luis Casaleiro, CEO of LAW Holdings, says, “We are pleased with the incorporation of AIS. This is a powerful, established business that has years of experience supplying and supporting technology in sectors that we continue to engage. This acquisition will add value to the Group and will, ultimately, result in value-add to the end user.”

 

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Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

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