Our monthly M&A Watch spotlights deals in the Information Technology industry throughout Latin America.

M&A activity in Latin America remained elevated relative to past years, but slightly down quarter over quarter. The deceleration in the region could be due to the increased focus on closing U.S.-based deals before the looming tax reforms expected for 2022. The vast majority of deals were registered in Brazil, predominantly in the Media & Information Services and IT & Outsourcing industries. Investors were particularly interested in Artificial Intelligence as a vertical, as well as MarTech. Corporate transactions intensified during the last month of this period, compared to private equity.

Arbo Imóveis Acquired by Superlogic Technologies | Brazil

Superlogic Technologies, a FinTech software headquartered in Brazil, acquired Arbo Imóveis, a digitalization platform for real estate developers. The property tech company offers selling and renting property services and efficiently facilitates the relationship between the two parties. Superlogic Technologies acquired the company via its financial sponsor Warburg Pincus, through an LBO for an undisclosed sum.

Intive Acquires SimTLiX | Argentina

Intive, a digital strategy and software development company headquartered in Germany, completed the acquisition of SimTLiX via its financial sponsor Mid Europa Partners through an LBO. SimTLiX focuses on blockchain, machine learning, and cloud, and serves clients predominantly in North America. SimTLiX is headquartered in Argentina and has additional offices in Uruguay and the United States.

Stefanini Acquires Sapia | Peru

Stefanini, a global IT services provider completed the acquisition of Sapia, an IT services company headquartered in Peru. Sapia offers channel optimization and business process outsourcing services and serves information technology clients across the globe. Sapia reviews a company’s business process and provides improvements and good industry practices to maximize efficiency and returns.

Chiligum Creatives Acquired by VidMob | Brazil

VidMob, a multimedia and design software company headquartered in New York City, completed the acquisition of Chiligum Creatives, a developer of a digital advertising platform headquartered in Brazil. Chiligum Creatives allows marketing and creative teams to deliver relevant, high-quality advertising content. The acquisition will help VidMob integrate automation solutions for marketers who want high-performing creative at scale, while maintaining brand quality.

Goldman Sachs Asset Managemen Invests in Elea Digital | Brazil

Goldman Sachs Asset Management provided development capital to Elea Digital, a data center infrastructure platform with a wide geographical presence across Brazil. Elea Digital offers colocation and cross-connectivity infrastructure services to clients across industries, with expertise in the Information Technology, Telecom, Banking, Media, and Public sectors.

7MA provides specialized Investment Banking & Advisory Services to the professional service firms in the Consumer Products & Retail industries. We help our clients determine the right strategic partners for their businesses, transition ownership, raise capital, grow through acquisitions, and evaluate new markets. We advise our clients on M&A and private capital transactions, and provide unique market insights. Our team brings experience and energy to all of our engagements, with a focus on helping our clients navigate a changing marketplace.

To learn more about how 7 Mile Advisors can help you evaluate and execute on strategic M&A or private capital alternatives for your business, please visit our website www.7mileadvisors.com.