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Announced

Accel-KKR-backed ESTELA to acquire DBNet and DigiFlow.

Synopsis

Accel-KKR-backed ESTELA, an electronic tax documentation software, agreed to acquire DBNet, a fintech company, and DigiFlow, a software company. Financial terms were not disclosed. “We help thousands of mid-market and enterprise customers do and grow business with ease, even as digital, tax and fiscal compliance become mandated in more countries across Latin America. The addition of DBNet and DigiFlow expands our reach into the Southern Cone and brings us even closer to customers in this part of the continent. Our growing footprint means customers can continue to count on us as they expand their businesses into Chile, Peru and beyond,” Patricia Santoni, ESTELA CEO.

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