LAW Holdings recently purchased a controlling stake in Assimilated Information Systems (Pty) Ltd. (AIS), a South African company established in 2006.
Speaking about the transaction, Luis Casaleiro, CEO of LAW Holdings said; “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.”
As such the LAW Group of companies, established in 2000 will have a controlling stake in the technology systems company adding to its groups LAW Compliance, LAW Credit, LAW Data, LAW Namibia, LAW Property and LAW Trust.
LAW group, with its 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 provides secure web-based workflow solutions to a wide-range of industries. It will now incorporates AIS and help develop AIS marketing, supplying and consulting on software and information technology.
AIS 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”.
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.
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.
