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

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.