
What smart money is saying about iOCO
1 fund in our archive has pitched iOCO, most recently Desert Lion Capital Fund I, LP in September 2026.
iOCO Limited provides information and communications technology services in Africa, the United Kingdom, Europe, and the Middle East. The company offers business applications and ERP; IT infrastructure and managed services; industrial & OT solutions; cloud; data and automation; cybersecurity and risk management; human capital and talent solutions; and advisory services. It also provides intelligent automation; energy management and efficiency; OT managed services; payroll outsourcing; outsourced business processes; managed IT and infrastructure; digital energy management and efficiency; custom application development; go-to-market strategy advisory; data-driven insights; digital customer experience; conversational AI; eSignature; service design; human capital management and payroll; learning and development platforms; digital onboarding; talent management; software development; application modernisation; software engineering; DevSecOps; technical testing; test automation; and engineering solutions. In addition, the company offers cloud strategy and FinOps; IT-as-a-Service; enterprise architecture advisory; XaaS offerings; managed cybersecurity services; fraud prevention and identity verification; GRC platforms; business legal and compliance advisory; application security; asset performance management; OT cybersecurity; industrial automation and control; mission-critical connectivity; and smart metering services, as well as engages in software resale and proprietary intellectual property solutions. It serves mining, metals and minerals, energy and utilities, manufacturing, financial services, public sector, agriculture, retail and e-commerce, communications and service providers, and transportation and logistics industries. The company was formerly known as EOH Holdings Limited and changed its name to iOCO Limited in December 2024. iOCO Limited was incorporated in 1998 and is based in Midrand, South Africa.
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Position history
Every position in iOCO on record in the archive was reported in Q3 2026, across 1 fund letter, with 1 buy (opened or added).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 1 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 1 position · 1 move
- September 2026
“iOCO (JSE ticker: IOC) Over the past 18 months we have been building a position in iOCO, adding as our conviction grew with each earnings release, share buyback announcement, and management interaction.”
iOCO
Fund coverage · 1 thesis
- Desert Lion Capital Fund I, LPSeptember 2026
iOCO is a South African IT services turnaround with strong earnings growth, low leverage, high ROIC/ROE, and value creation supported by acquisitions and buybacks at a low valuation.
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