21 Acquisitions of Companies in Brazil

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Brazil. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 21 acquisitions that took place in Brazil .

Dupatri acquired by Elfa Group

Details about the transaction:

Acquisition amount:

$34,700,000

Announcement:

12 January 2021

Details about the company:

In Brazil, Dupatri provides goods and supplies for medical facilities that are of the highest quality and effectiveness.

Headquarter:

Santos, Minas Gerais, Brazil

Where to find them:

Industry:

Health Care, Medical Device, Pharmaceutical

Details about the buyer:

Elfa Group is a company in the healthcare industry that provides hospitals with specialized services.

Headquarter:

João Pessoa, Bahia, Brazil

Where to find them:

Gesplan acquired by TOTVS

Details about the transaction:

Acquisition amount:

$8,704,357

Announcement:

4 April 2022

Details about the company:

Gesplan offers comprehensive planning and controlling solutions.

Headquarter:

Joinville, Santa Catarina, Brazil

Where to find them:

Industry:

Finance, Financial Services

Details about the buyer:

The firm TOTVS provides software, relationship, and management assistance.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Glic acquired by Afya

Details about the transaction:

Acquisition amount:

$4,569,055

Announcement:

23 May 2022

Details about the company:

Brazilian mobile health (web/app) platform for controlling diabetes

Headquarter:

Barueri, Sao Paulo, Brazil

Where to find them:

Industry:

Health Care, Information Technology, mHealth

Details about the buyer:

Afya is a provider of medical education that aids physicians in learning throughout their careers.

Headquarter:

Minas Gerais, Acre, Brazil

Where to find them:

Octadesk acquired by Locaweb

Details about the transaction:

Acquisition amount:

$19,621,799

Announcement:

3 August 2021

Details about the company:

Software provider Octadesk offers a multi-channel SaaS platform for help desk, service desk, and customer support.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

Information Services, Information Technology, SaaS, Software

Details about the buyer:

For SMEs, Locaweb provides SaaS solutions including an e-commerce platform, payment options, an ERP system, point-of-sale equipment, marketing tools, and web presence options.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

iMedicina acquired by Conexa Saude

Details about the transaction:

Acquisition amount:

$2,844,849

Announcement:

26 October 2020

Details about the company:

Doctors may save and manage patient records using the online health platform iMedicina.

Headquarter:

Belo Horizonte, Minas Gerais, Brazil

Where to find them:

Industry:

Health Care, Information Services, Medical

Details about the buyer:

A digital platform called Conexa Saude encourages the use of technology to link patients and medical providers.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Vuxx acquired by BoxDelivery

Details about the transaction:

Acquisition amount:

$7,265,782

Announcement:

1 June 2022

Details about the company:

A tech-enabled freight service for businesses and merchants is called Vuxx.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

Internet, Last Mile Transportation, Logistics, Retail, Shipping, Transportation

Details about the buyer:

BoxDelivery creates a mobile application that speeds up delivery.

Headquarter:

Cerqueira César, Sao Paulo, Brazil

Where to find them:

AlpaClass acquired by Eduzz

Details about the transaction:

Acquisition amount:

$1,872,764

Announcement:

7 July 2022

Details about the company:

A specialized online learning platform is called AlpaClass.

Headquarter:

Sorocaba, Sao Paulo, Brazil

Where to find them:

Industry:

Education

Details about the buyer:

With the help of the program Eduzz, users may expand their workforce together with their online business.

Headquarter:

Sorocaba, Sao Paulo, Brazil

Where to find them:

Directed Sheet acquired by Qconcursos

Details about the transaction:

Acquisition amount:

$1,081,242

Announcement:

17 March 2022

Details about the company:

A public tenders website called Directed Sheet provides training, jobs, civil servants, public exams, and career information.

Headquarter:

Rio De Janeiro, Rio de Janeiro, Brazil

Where to find them:

Industry:

News

Details about the buyer:

A quiz website called Qconcursos has more than 5 million users, 750 thousand questions, 50 thousand exams, and 20.000 courses.

Headquarter:

Rio De Janeiro, Rio de Janeiro, Brazil

Where to find them:

Getrak acquired by Unidas

Details about the transaction:

Acquisition amount:

$23,297,356

Announcement:

31 August 2021

Details about the company:

For the TELEMATIC and IoT sector, Getrak offers software, big data, and infrastructure solutions.

Headquarter:

Belo Horizonte, Minas Gerais, Brazil

Where to find them:

Industry:

Information Services, Information Technology, Software

Details about the buyer:

In Brazil, Unidas is involved in leasing and managing fleets of automobiles.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Hardwork Medicina acquired by Damásio Educacional

Details about the transaction:

Acquisition amount:

$10,246,305

Announcement:

11 March 2022

Details about the company:

Hard labor Medicina is a medical education technology.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

EdTech, Training

Details about the buyer:

Exam preparation classes, bar exam preparation classes, and legal courses are all offered by Damásio Educacional.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Hiper acquired by Linx

Details about the transaction:

Acquisition amount:

$12,974,227

Announcement:

2 April 2019

Details about the company:

Hiper is a point-of-sale system that helps Brazilian SMB merchants manage their stores more effectively.

Headquarter:

Brusque, Santa Catarina, Brazil

Where to find them:

Industry:

Point of Sale, Retail, SaaS, Software

Details about the buyer:

Through its companies, Linx Retail offers management software solutions for the Brazilian and worldwide retail markets.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

InovaMind acquired by Dimensa Tecnologia

Details about the transaction:

Acquisition amount:

$4,149,231

Announcement:

10 January 2022

Details about the company:

InovaMind is an IT company that focuses in developing digital goods and services as well as artificial intelligence, big data, and machine learning.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

Artificial Intelligence, Big Data, Machine Learning

Details about the buyer:

A technology corporation that does financial activities is called Dimensa Tecnologia.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

MOVA acquired by Experian

Details about the transaction:

Acquisition amount:

$7,903,108

Announcement:

16 May 2022

Details about the company:

A fintech startup called MOVA offers services for peer-to-peer lending and online investing.

Headquarter:

Vila Olímpia, Sao Paulo, Brazil

Where to find them:

Industry:

Finance, Financial Services, FinTech, Lending

Details about the buyer:

Experian unleashes the potential of data to open doors for customers, companies, and society.

Headquarter:

Dublin, Dublin, Ireland

Where to find them:

RBMWEB acquired by Dimensa Tecnologia

Details about the transaction:

Acquisition amount:

$30,000,000

Announcement:

17 August 2022

Details about the company:

Software applications, management systems, accounts receivables, and credit solutions are the areas of expertise of the IT firm RBMWEB.

Headquarter:

Juiz De Fora, Minas Gerais, Brazil

Where to find them:

Industry:

Business Development, Cloud Data Services, Financial Services, Information Technology, Mobile Apps, Software

Details about the buyer:

A technology corporation that does financial activities is called Dimensa Tecnologia.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Tallos acquired by RD Station

Details about the transaction:

Acquisition amount:

$1,269,132

Announcement:

2 August 2022

Details about the company:

Tallos provides creative solutions that simplifies digital service.

Headquarter:

Maracanaú, Ceara, Brazil

Where to find them:

Industry:

Business Development, Information Technology

Details about the buyer:

Customers may develop, implement, and evaluate digital marketing plans with the aid of RD Station.

Headquarter:

Florianópolis, Santa Catarina, Brazil

Where to find them:

Vita IT acquired by Telefonica

Details about the transaction:

Acquisition amount:

$23,151,274

Announcement:

31 August 2022

Details about the company:

Vita IT is an integrator and provider of IT services made up of highly qualified experts with a wealth of knowledge in the IT industry.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

Information Technology

Details about the buyer:

Fixed line and mobile telephone services are provided by the multinational telecoms company Telefonica.

Headquarter:

Madrid, Madrid, Spain

Where to find them:

Beta Learning acquired by ClearSale

Details about the transaction:

Acquisition amount:

$9,500,000

Announcement:

18 January 2022

Details about the company:

Agile, CNV, Digital Transformation, Kanban, Scrum, Training, and Consulting are all services offered by Beta Learning, a provider of information technology.

Headquarter:

São Carlos, Rondonia, Brazil

Where to find them:

Industry:

E-Learning, Information Technology, Training

Details about the buyer:

By offering our clients the greatest approval rates and lowest false positive rates, we want to reduce online fraud.

Headquarter:

Miami, Florida, United States

Where to find them:

Zipper acquired by CRM & BÔNUS

Details about the transaction:

Acquisition amount:

$4,796,072

Announcement:

4 August 2022

Details about the company:

A platform for developing social media systems is called Zipper.

Headquarter:

Florianópolis, Santa Catarina, Brazil

Where to find them:

Industry:

Web Design, Web Development

Details about the buyer:

A CRM consultancy and giftback systems are both part of CRM & BNUS.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Klink acquired by Connectcom

Details about the transaction:

Acquisition amount:

$3,274,169

Announcement:

9 March 2021

Details about the company:

Klink is a developer and supplier of artificial intelligence and machine learning solutions for e-commerce and logistics firms.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

Artificial Intelligence, Machine Learning, Software

Details about the buyer:

Software and hardware are available from Connectcom, a company that delivers information and technology services.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Renovigi Energia Solar acquired by Intelbras

Details about the transaction:

Acquisition amount:

$65,014,696

Announcement:

16 February 2022

Details about the company:

The leading manufacturer and distributor of solar energy products is Renovigi Energia Solar.

Headquarter:

Chapecó, Santa Catarina, Brazil

Where to find them:

Industry:

Energy, Manufacturing, Renewable Energy, Solar

Details about the buyer:

Solutions for networks, communication, safety, and energy are offered by Intelbras.

Headquarter:

São José, Santa Catarina, Brazil

Where to find them:

Síntese acquired by Locaweb

Details about the transaction:

Acquisition amount:

$6,813,716

Announcement:

5 August 2022

Details about the company:

Sntese specializes on IT & Business Processes for the retail sector that use digital and multichannel platforms to leverage online sales.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

E-Commerce, Information Technology, Software

Details about the buyer:

For SMEs, Locaweb provides SaaS solutions including an e-commerce platform, payment options, an ERP system, point-of-sale equipment, marketing tools, and web presence options.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them: