BTG Pactual to acquire Magnetis Investimentos.

Synopsis

BTG Pactual, a Brazilian financial company, agreed to acquire Magnetis Investimentos, a fintech company. Financial terms were not disclosed. “This acquisition will give BTG Pactual access to a set of technology solutions and systems that have been developed for more than 10 years,” Marcelo Flora, BTG Pactual Head of Digital Platforms.

Principals

target

Magnetis Investimentos

bidder

Banco Btg Pactual

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Market Context

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Seller Team (1)

luciano tavares

CEO at MAGNETIS INVESTIMENTOS

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

marcelo flora

Head of Digital Platforms at BANCO BTG PACTUAL SA

Manager

bidder

Deal

n/a

Total Value

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