StorEx will retain its local branding, level one B-BBEE status and South African-based team as it continues to drive TPM awareness.

Storex is a third-party maintenance company that serves banks, OEMs and telcos in SA, Kenya and Turkey.

The supplier of third-party maintenance for enterprise-sized organisations reported double-digit growth in its year-on-year results.

Third-party maintenance provides an opportunity to keep equipment and dictate the refresh cycle, says Storex.

Many companies have a surplus of infrastructure capacity that is not being optimised properly, says Jan Beukes, CEO and founder of Storex.