MergerLinks Header Logo

Announced

Brasil Bolsa Balcão to invest $108m in TFS Soluções em Software.

Synopsis

Brasil Bolsa Balcão, a stock exchange, agreed to invest $108m in TFS Soluções em Software, a provider of software solutions for the financial services segment. Upon the completion of capital increase, B3 will hold a minority interest of 37.5% in TFS capital stock, and its parent TOTVS will remain the controlling shareholder. "With independent and renewed management, a net cash position of R$650 million, total autonomy and focus on the effervescent segment of B2B technologies forthe financial market, TFS, with the support of two relevant players - TOTVS and B3, intends to be the main player offering B2B technology solutions for the financial sector. The implementation ofthis strategy involves expanding its investments in innovation and increasing the portfolio of solutions and customers, through organic developments, partnerships and acquisitions," B3.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US