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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-07-14 Reta Engenharia
Engineering
Belo Horizonte, Brazil
www.retaengenharia.com.br

Reta Engenharia is a Brazilian provider of comprehensive project and construction management services to clients from the mining and metals sector. Reta Engenharia is based in Belo Horizonte, Brazil.

Add-on Acquisition

Afry
Company
Engineering
Stockholm, Sweden
www.afry.com

-
Deal Link  
2025-06-27 Vollmens
Consumer Products
São Paulo, Brazil
www.vollmensfragrances.com.br

Vollmens is a fragrance house crafting scents that inspire, captivate, and transform everyday moments. Vollmens was formed in 2004 and is headquartered in São Paulo, Brazil.

Add-on Acquisition

Givaudan
Company
Chemicals
Vernier, Switzerland
www.givaudan.com

-
Deal Article Deal Link  
2025-06-25 Casex
Medical Products
Curitiba, Brazil
www.casex.com.br

Casex is a manufacturer in the ostomy products field, producing colostomy bags, ileostomy, accessories, and dressings. Casex was founded in 1985 and is based in Curitiba, Brazil.

Add-on Acquisition

Gentell, Inc.
Company
Medical Products
Bristol, Pennsylvania
www.gentell.com

-
Deal Article Deal Link  
2025-06-05 Agrinvest Commodities
Business Services
Curitiba, Brazil
www.agrinvest.agr.br

Agrinvest Commodities is a Brazilian agricultural commodities business that acts as an agent connecting buyers and sellers in physical agricultural markets including corn and soybeans. It also provides its clients with consulting support to understand their hedging options and commercial strategies within these agricultural markets. Agrinvest Commodities is based in Curitiba, Paraná.

Add-on Acquisition

Marex
Company
Financial Services
London, United Kingdom
www.marex.com

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Deal Article Deal Link  
2025-05-09 Go2Next
Information Technology
Sao Paulo, Brazil
www.go2next.com.br

Go2Next is a workplace services provider that offers IT services and AV solutions in the Latin America region. The company's offerings include advanced audio solutions, digital signage, and lighting systems, collaboration platforms, cybersecurity solutions, and an extensive network, computing, and communications infrastructure that can be located on-premises or distributed across multiple clouds. Go2Next was formed in 2011 and is based in Sao Paulo, Brazil.

Add-on Acquisition

Ricoh
Company
Technology Hardware
Tokyo, Japan
www.ricoh.co.jp

-
Deal Article Deal Link  
2025-05-06 TESIS
Business Services
São Paulo, Brazil
ww.tesis.com.br

TESIS provides building products testing and assurance services across a broad range of building products, including faucets and valves, adhesive mortars, decorative paints, and basic sanitation. TESIS was formed in 1988 and is based in São Paulo, Brazil.

Add-on Acquisition
Value

$120

Intertek
Company
Business Services
London, United Kingdom
www.intertek.com

-
Deal Article Deal Link  
2025-05-05 Nexo
Business Services
São Paulo, Brazil

Nexo is a boutique consulting firm. Nexo was founded in 2017 and is headquartered in São Paulo, Brazil.

Add-on Acquisition

BTS Group
Company
Business Services
Stockholm, Sweden
www.bts.com

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Deal Article Deal Link  
2025-05-02 JAP Telecom
Technology Hardware
Pedreira, Brazil
www.japtelecom.com.br

JAP Telecom is a designer, manufacturer, and supplier of connectivity solutions for the South American telecommunications infrastructure market. The company's core product portfolio includes fiber optic closures, connectivity devices, and infrastructure accessories tailored to the specific needs of the local market. JAP Telecom was founded in 2002 and headquartered in Pedreira, Brazil.

Add-on Acquisition

Preformed Line Products
Company
Technology Hardware
Mayfield Village, Ohio
www.plp.com

-
Deal Article Deal Link  
2025-04-03 Red Cerberus
Digital Media
São Paulo, Brazil
www.redcerberus.com

Red Cerberus is a video game testing company providing rigorous testing methodologies, expert development support, and a highly skilled workforce to top gaming studios. Red Cerberus is based in São Paulo, Brazil.

Add-on Acquisition

TestFly
Company
Digital Media
Dieppe, New Brunswick
www.testflyqa.com

-
Deal Article Deal Link  
2025-04-02 Arqia
Information Technology
Sao Paulo, Brazil
www.arqia.com.br

Arqia specialises in M2M and IoT connectivity, offering secure connections that enable seamless communication between devices. Arqia is based in Sao Paulo, Brazil.

Add-on Acquisition

Wireless Logic Group
Company
Information Technology
Berkshire, United Kingdom
www.wirelesslogic.com

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Deal Link  
2025-03-18 Reframax
Business Services
Belo Horizonte, Brazil
www.reframax.com.br

Reframax provides industrial services such as refractory installation, and electrical and mechanical engineering services across a wide variety of end-markets. Reframax was founded in 1999 and is based in Belo Horizonte, Brazil.

Add-on Acquisition

Shinagawa
Company
Manufacturing
Tokyo, Japan
www.shinagawa.co.jp

Advisor: IMAP

-
Deal Article Deal Link  
2025-03-18 Nydus Systems
Software
Sau Paulo, Brazil
www.nydus.com.br

Nydus Systems serves a diverse clientele spanning various industries including construction, transportation, healthcare, business services, and retail. Nydus Systems was founded in 1991 and is based in Sau Paulo, Brazil.

Add-on Acquisition

Volaris Group
Company
Software
Mississauga, Ontario
www.volarisgroup.com

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Deal Article Deal Link  
2025-02-28 UPPay
Technology Hardware
Sao Paulo, Brazil
www.uppay.me

UPPay is a digital payment and telemetry provider for automated self-service coffee machines. UPPay is based in Sao Paulo, Brazil.

Add-on Acquisition

Nayax
Company
Information Technology
Herzliya, Israel
www.nayax.com

-
Deal Article Deal Link  
2025-02-27 Case Group
Insurance
Rio de Janeiro, Brazil
www.grupocase.com.br

Case Group is an employee and health benefits brokerage and consulting firm serving clients throughout Brazil. It generates insights and acts preventively and proactively, with solutions to care for people and the sustainability of businesses. Case Group is based in Rio de Janeiro, Brazil.

Add-on Acquisition

Gallagher
Company
Insurance
Rolling Meadows, Illinois
www.ajg.com

-
Deal Article Deal Link  
2025-02-26 Ipec
Business Services
Sao Paulo, Brazil
www.ipec-inteligencia.com.br

Ipec is recognized for its expertise in opinion polls and political analysis, both online and offline, through qualitative and quantitative studies. Ipec was founded in 2021 and is based in Sao Paulo, Brazil.

Add-on Acquisition

Ipsos
Company
Marketing
Paris, France
www.ipsos.com

-
Deal Article Deal Link  
2025-02-18 BR Media Group
Marketing
São Paulo, Brazil
www.br-mediagroup.com

BR Media Group is an influencer marketing and content company present across every step of the creator value chain, from end-to-end influencer solutions that allow brands to plan and activate against 80% of Latin America’s leading influencers, to its ability to leverage the power of micro and nano influencers. BR Media Group was formed in 2012 and is based in São Paulo, Brazil.

Add-on Acquisition

Publicis Groupe
Company
Marketing
Paris, France
www.publicisgroupe.com

-
Deal Article Deal Link  
Avg $300
12.1x EBITDA
1.8x REVENUE

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