Intenda Acquires Majority Stake in Kaleidocode Pty (Ltd)

Intenda has announced its acquisition of a majority stake in Kaleidocode, a KZN-based technology company specialising in enterprise software development.

Intenda was founded in South Africa in 2001 and has expanded into a multinational organisation with offices in the UK, EU and USA. Currently in a phase of significant growth, the strategic objective behind the acquisition is to offer enhanced service delivery in the bespoke development space. Since its inception in 2011, Kaleidocode has established a reputation for excellence, delivering projects for blue chip companies including Lexis Nexis, Mr Price and SA Home Loans, among others.

Kaleidocode’s founders and current directors Rory Clarke, Chris Tite and Johan Bisschoff will continue in their roles, remaining closely involved in the business at both an operational and strategic level. They have appeared as speakers at various technology conferences around the world and are known for their deep understanding of the processes associated with successful software project implementation, as well as their innovative approach to growing and mentoring development staff. Their expertise will be invaluable to the Intenda Group. Joining them as Kaleidocode directors will be Dean Peerless, CEO of the Intenda Group, and James Powell, the group’s Chief Financial Officer.

Intenda Group CEO Dean Peerless comments:

“Intenda and Kaleidocode are a natural fit. We are both passionate about technology, invested in our people and clients, and we share similar values. I believe that by bringing our resources together, we can achieve something special. I’m very excited about Kaleidocode coming onboard and look forward to working together.”

Rory Clarke, Kaleidocode Managing Director, shares his views:

“We are excited about the amalgamation of Intenda and Kaleidocode. The international footprint of the group coupled with the technology forward thinking of both organisations bodes well for exponential growth. As directors we are protective of the culture of excellence and innovation that we have fostered at Kaleidocode and we believe few companies would be able to walk that journey with us. We are delighted to have found like-minded partners in Intenda and anticipate great things for the future.”

The acquisition of Kaleidocode takes Intenda a step closer towards its ambition of becoming a global leader and visionary in technology. The bringing together of these two established companies’ expertise can only mean a positive and exciting shift, not only for Intenda and Kaleidocode, but also for their clients and the industry at large.

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