IT business EFEX buys Adelaide trade player Logic Plus

Information technology business EFEX, which targets IT needs of small and medium-sized enterprises (SME) in regional areas, has acquired Adelaide peer Logic Plus.

The acquisition brings together the two complementary businesses, enabling both Efex and Logic Plus to offer more solutions to clients, the majority of whom benefit from a comprehensive, and fully outsourced managed services offering.

VCF Capital has acted as financial advisor on the acquisition of Logic Plus and refinancing.

Read more in the AFR article.