"Faritec has already made this investment and we can leverage off it to add value to our customers. We have found very little overlap between the two companies' customer bases and this also provides and opportunity for the group."

Additional benefits of the deal include: national expansion; initial economies of scale; Enterprise Connection's rental finance option and Faritec's services skills that can be offered to each company's customers; the fact that the integrated company will be in a stronger position when bidding for larger tenders; and an increased BEE shareholding through Enterprise Connection's relationship with Canal Square.