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13th January 2025
Exciting News: IZI Africa Acquires G4S Cash Solutions (SA)
IZI Cash is delighted to share some exciting news that marks a significant milestone for us and our valued stakeholders. Izi Africa (Pty) Limited, an affiliate of IZI Cash (Pty) Limited, has entered into a definitive agreement to acquire G4S Cash Solutions (SA) (Pty) Limited.
This acquisition is driven by our commitment to providing you with enhanced services and innovative solutions. G4S Cash Solutions has been a leading name in the cash-in-transit (CIT) industry in South Africa, and this transaction brings several benefits that will enable IZI Cash to better serve our clients’ needs:
- National Footprint: With G4S’s established position as a market leader, we will now be able to offer access to a robust, nationwide operational network, ensuring consistent and reliable service delivery.
- World-Class Systems and Platforms: G4S has invested in best-in-class operational systems, and integrating these into our business will strengthen our ability to provide efficient and secure services.
- Strategic Partnerships: G4S has long-standing relationships with major retailers and financial institutions in South Africa. These partnerships will complement our own and open new opportunities for collaboration and growth.
- Financial Strength: With G4S committed to ensuring SA Cash is debt-free at the point of acquisition, this transaction positions us to focus on long-term sustainability and value creation.
- Operational and Financial Synergies: The combination of IZI Cash’ customer-centric approach and G4S’s established infrastructure is expected to create operational efficiencies and financial benefits that enhance the value we deliver our clients.
We also want to take this opportunity to recognize the remarkable legacy that G4S Cash Solutions has built over the years. G4S has pledged its full support during the transition period to ensure continuity and stability for our customers, employees, and other stakeholders.
At IZI Cash, our mission has always been to deliver exceptional, secure, and innovative cash-in-transit and cash processing services. This acquisition represents a step forward in realizing that vision. We remain dedicated to upholding the highest standards of service and reliability that our clients have come to expect.
We deeply value our client partnerships and are excited about this new chapter for IZI Cash. Thank you for your continued support.
Albert Erasmus
CEO
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Please send us an email and we will call you or email you right back.
Please click the link info@izicash.co.za or if you wish you can call us directly on:
Head Office: iZi Group
9 Derrick Road, Spartan,
Kempton Park, Johannesburg
Branches Locations:
Pretoria, Rustenburg, Johannesburg, Durban, Cape Town,
Gqeberha (Port Elizabeth) and George
Tel: (010) 595 9421
Fax: (031) 569 2325
Email info@izicash.co.za
CM No: 2015/240595/07 PSIRA No: 2530619
