SYSPRO appoints Josef Al-Sibaie to guide global expansion

SYSPRO has announced the appointment of Josef Al-Sibaie as Chief of Staff and Corporate Development Officer, a role integral to steering the company towards its goal of global growth and strategic expansion.

The company has highlighted this appointment as a commitment to advancing its global aspirations. Al-Sibaie will be tasked with leading SYSPRO's mergers and acquisitions strategy, focusing on substantial investments that bolster its digital manufacturing offerings and expand its global reach. His role will also involve working closely with the senior leadership team to implement initiatives across Sales Operations, Product, and other key business areas, aligning with SYSPRO's transformation strategy and shareholder priorities.

Following its acquisition by Advent International, SYSPRO has taken prompt steps to implement its growth strategy. Within the first quarter of this ownership, SYSPRO acquired NexSys, a long-standing partner in the UK. This move significantly enhances SYSPRO's presence in the UK and across Europe. The acquisition is expected to enable SYSPRO to enrich its digital manufacturing solutions with new products and features, helping mid-market manufacturing and distribution organisations boost automation, visibility, and traceability.

Jaco Maritz, CEO of SYSPRO, commented on the appointment, "Josef's appointment is a key step in our commitment to accelerating SYSPRO's transformation and expansion. His expertise in technology investments and M&A will be instrumental in identifying and executing strategic opportunities that drive growth and innovation. With Josef's leadership, we are strengthening our position as a global digital manufacturing leader, ensuring we deliver unparalleled value to our customers, partners, and employees."

Josef Al-Sibaie comes to SYSPRO with considerable experience in technology investments and value creation, having previously worked as an Investment Professional at Advent International. A part of the core European Technology Investment team, he was instrumental in executing significant transactions within the enterprise and vertical software sectors. His expertise covers M&A strategy, equity analysis, and consulting, and his academic credentials include an MBA with distinction from Harvard Business School and a Bachelor of Science in Biomedical Engineering, graduated summa cum laude, from Boston University.

In response to his new role, Josef Al-Sibaie stated, "I am honoured to join SYSPRO at such an exciting time in its growth journey. With Advent's backing, we have a unique opportunity to scale rapidly through strategic M&A, investing in cutting-edge technology and expanding into key markets. The NexSys acquisition is a testament to our bold vision, and I look forward to driving further strategic initiatives that solidify SYSPRO's leadership in digital manufacturing."

SYSPRO continues to make investments in digital advancements and global expansion, reinforcing its standing in supporting mid-market manufacturers and distributors with high-calibre solutions. The company remains committed to delivering peak efficiency, quality, and agility for its customers worldwide.