Centurion,   Gauteng,   27   February   2017   –   Representatives    from    Nexia    SAB&T    and    Indyebo,   announced   today   that   the   two   companies  will  be  merging  effective  1  March  2017.  The  business  will  continue  to  trade  under  the  Nexia  SAB&T  brand,  to  emphasise  its ties to the 10th largest international network in the sector, Nexia International.

Nexia  SAB&T  is  a  top  ten  audit,  accounting  and  consulting  professional  services  provider,  with  a  history  that  dates  back  to  the  birth  of  democracy   in   South   Africa,   having   been   founded in 1994. Nexia SAB&T has always strived to reflect the demographics of the country in its ownership structure, while providing a service to its clients that is inspired by a vision to be “Closer to you!”

Indyebo is a progressive Black female owned firm that offers assurance, advisory and consulting services and has an outstanding reputation for quality, excellence and integrity.

The merger has come about as a natural development out of several projects undertaken by Nexia SAB&T and Indyebo  jointly.  Nexia  SAB&T  has  long  identified  Indyebo  as  a  candidate  for  its  enterprise  development  initiatives and as such shared a long and mutually beneficial shared relationship with Indyebo over the years. With  the  other  Black  owned  assurance  provider  firms  in  the  market  having  experienced  growth  in  the  past  years, this merger will see Nexia SAB&T solidifying its position among South Africa’s top ten audit firms as well as, as one of the premier Black empowerment firms.

Nexia  SAB&T  is  truly  a  multi-disciplinary  professional  service  provider,  with  a  wide  range  of  services  and  accreditations in the audit, accounting and consulting fields. These include JSE accreditation for the conduct of audits  of  listed  entities,  a  national  footprint  with  offices  in  each  of  South  Africa’s  nine  provinces  and  experience in the private and public sector at all levels.

Bashier  Adam,  CEO  and  founder  of  Nexia  SAB&T  explained  the  new  direction  of  the  merged  company  as  follows:  “This  merger  is  in  line  with  Nexia  SAB&T’s  vision  to  entrench  itself  as  a  top  Black  empowerment  professional services firm in South Africa. We have no doubt that the addition of Indyebo and particularly Ms Ndumi Medupe will go a long way to achieving this!”

Indyebo has experienced highs and lows since its inception in 2007 and with the enhanced capacity brought about  through  the  merger  with  Nexia  SAB&T,  is  now  ready  for  bigger  challenges.  This  includes  exposure  to  JSE Listed Assurance Services and a national footprint.

Ndumi Medupe, CEO and founder of Indyebo expressed enthusiasm for the merger: “By merging with Nexia SAB&T  we  will  attract  clients  in  new  sectors  and  geographical  locations  to  create  a  formidable  professional  services firm in SA. I believe the market is ready for strong, empowered brands and this merger will solidify the firm’s position. These are truly exciting times.”

The  “new”  Nexia  SAB&T  is  set  to  continue  to  chart  a  course  that  sees  it  living  its  vision  of  being  “Closer  to  you”  through  professional  services  that  provide  strategic,  innovative,  resource  management  advice  to  its  clients.

For more information, visit: http://www.indyebo.com/

In March 2017 Ndumi Medupe was elected as Chairperson of Nexia SAB&T by the entire board of directors. Meet the new Chairperson here.