About Prosol Group
Prosol Group is a company based in Rivonia (South Africa) founded in 1986 was acquired by Apollo Funds in December 2025. It operates as a B2B. Prosol Group offers products and services including MVsharp, MVsync, MVrest, and MVpro. Prosol Group operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Rivonia, South Africa
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Sectors
Technology
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Email
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Phone
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Website
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Annual Revenue
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Acquired by
Apollo Funds
(Dec 16, 2025)
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Products & Services of Prosol Group
Prosol Group offers a comprehensive portfolio of products and services, including MVsharp, MVsync, MVrest, and MVpro. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables conversion of legacy environments to managed .Net code.
Replicates data from MultiValue datastores to SQL Server.
Creates RESTful APIs for MultiValue environments.
Supports rapid development of applications with various interfaces.
Funding Insights of Prosol Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Prosol Group
Prosol Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Apollo Funds. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Manages financial funds through investment strategies post-merger.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Prosol Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Prosol Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prosol Group Comparisons
Competitors of Prosol Group
Prosol Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prosol Group
Frequently Asked Questions about Prosol Group
When was Prosol Group founded?
Prosol Group was founded in 1986.
Where is Prosol Group located?
Prosol Group is headquartered in Rivonia, South Africa. It is registered at Rivonia, Gauteng, South Africa.
What does Prosol Group do?
Prosol Group specializes in software products that emulate and convert legacy IT systems like UniVerse and Pick into managed .Net code. They offer services for data replication, API creation, and seamless integration to help businesses optimize operations. Based in South Africa with international reach to countries including the US and Middle East, they primarily serve the financial sector and other industries by enabling technology upgrades.
Who are the top competitors of Prosol Group?
Prosol Group's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does Prosol Group offer?
Prosol Group offers MVsharp, MVsync, MVrest, and MVpro.
Who are Prosol Group's investors?
Prosol Group has 1 investor. Key investors include Apollo Funds.