The acquisition of Link Development is a major step in Beyon Solutions’ journey to create one of the largest hubs of digital transformation services in the region.
Beyon Solutions, part of the Beyon Group, announced that it has entered into an agreement to acquire a controlling stake in Link Development, a regional provider of software solutions for digital transformation, with operations in Egypt, the Kingdom of Saudi Arabia and UAE.
The acquisition of Link Development, the latest major step in Beyon Solutions’ journey, creates one of the largest hubs of digital transformation services in the region.
The deal was signed by Beyon Group CEO and Beyon Solutions Chairman Mikkel Vinter, Karim Beshara, Managing Partner of A15, a major shareholder of Link Development, and Link Development CEO Hesham El Beih. Beyon Digital CEO Shaikh Mohamed bin Khalifa Al Khalifa, Beyon Solutions CEO Nicholas Toon, Link Development CCO Asser Ramadan and senior management from both parties were also present at the signing event.
Mohamed Al Khalifa, Beyon Digital’s CEO, said, “We are delighted to take this major step to acquire such a prominent regional operation as Link Development and extend appreciation to Beyon Solutions chairman Mikkel Vinter for driving ambitious strategic plans aimed at growing the company’s regional presence and portfolio.”
“The transaction is a testament to our commitment to contribute toward digital transformation in the region, supported by a strong backbone of team members across Beyon Digital’s network of companies, regional offices and delivery centers across 10 countries,” Shaikh Mohamed added.
CEO Nicholas Toon, Beyon Solutions said, “Integrating a major organisation such as Link Development is a strategic move that aligns with our ambitions and greatly enhances our solution and service offering across our regional group. Link Development and Beyon Solutions hold strategic partnerships with key vendors such as Microsoft, AWS, and Outsystems, and the synergy created through the acquisition will augment the scope of the Beyon Solutions portfolio and enable the seamless delivery of cutting-edge digital solutions to our growing regional customer base.”
“Furthermore, the team members within Link Development are exceptionally skilled and experienced and I am confident that combined with the capabilities that exist across the group, we will deliver great things,” Toon added.
Link Development CEO, Hesham El Beih, said, “I’m thrilled about the opportunities this acquisition presents for our customers. By joining forces with Beyon Solutions, we’re not only enhancing our ability to deliver exceptional customer experiences but also expanding our commercial reach into previously untapped regions. This strategic move allows us to broaden our solutions footprint, ensuring that we can meet the evolving needs of clients on a global scale, while maintaining a commitment to innovation and excellence.”
Karim Beshara, Managing Partner of A15, also remarked, “On behalf of A15, I want to extend my heartfelt gratitude to the entire Link Development team. It has truly been an incredible journey, marked by dedication and unwavering commitment to excellence. We firmly believe Beyon Solutions is an excellent strategic fit that will accelerate growth and create significant value. We are excited about the company’s future prospects and look forward to seeing the combined organisations achieve continued success going forward.”
