Iqbusiness Expands Capabilities with Silversoft Acquisition

The Reunert company iqbusiness has acquired Silversoft Group, a move designed to strengthen its enterprise resource planning (ERP) and project-based systems (PSA) offerings while accelerating international growth.

Silversoft specializes in providing Microsoft Dynamics 365 solutions for professional services firms. This acquisition complements iqbusiness’s existing portfolio of IT infrastructure, cloud computing, and digital transformation services.

The strategic rationale behind the acquisition includes:

• Enhanced Service Portfolio: Adding Silversoft’s expertise in ERP and PSA expands iqbusiness’s ability to serve clients across a broader range of business needs.
• Accelerated International Growth: Leveraging Silversoft’s established presence in key markets will support iqbusiness’s expansion beyond its traditional footprint.
• Synergies: Combining the two companies creates operational efficiencies and cross-selling opportunities.

The acquisition aligns with iqbusiness’s long-term growth strategy of becoming a leading provider of integrated technology solutions for enterprises. Financial details of the transaction were not disclosed.