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Announced

Completed

Advent International completed the acquisition of a minority stake in CI&T from BNDESPAR.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Brazil

Acquisition

Friendly

Minority

Private Equity

Digital Services

Private

digital transformation

Completed

Synopsis

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Advent International completed the acquisition of a minority stake in CI&T, a digital technology solutions company, from BNDESPAR, a Brazilian banking services provider. Financial terms were not disclosed. “We see significant opportunities for further geographic expansion and are excited to partner with CI&T’s talented management team to support the company’s growth in North America and other regions where Advent has a strong presence and domain knowledge," Patrice Etlin, Advent International Managing Partner.

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