M&A Deal Summary

Claranet Acquires Mandic

On April 20, 2021, Claranet acquired internet software and services company Mandic from Riverwood Capital

Acquisition Highlights
  • This is Claranet’s 11th transaction in the Internet Software and Services sector.
  • This is Claranet’s 2nd transaction in Brazil.

M&A Deal Summary

Date 2021-04-20
Target Mandic
Sector Internet Software and Services
Buyer(s) Claranet
Sellers(s) Riverwood Capital
Deal Type Add-on Acquisition

Target

Mandic

Sao Paulo, Brazil
Mandic is a managed IaaS provider, offering managed public cloud, cloud backup and storage, and cloud collaboration tools. It strives for excellence in terms of service quality and customer support. Mandic was founded in 1990 and is based in Sao Paulo, Brazil.

Search 208,775 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Claranet

London, United Kingdom

Category Company
Founded 1996
Sector Internet Software and Services
Employees2,200
Revenue 220M GBP (2017)
DESCRIPTION

Claranet provides a wide range of integrated hosting, networks, and communications managed services, as well as our support and expertise 24×7. Claranet was formed in 1996 and is based in London, England.


DEAL STATS #
Overall 23 of 23
Sector: Internet Software and Services M&A 11 of 11
Type: Add-on Acquisition M&A Deals 23 of 23
Country: Brazil M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-30 Quinfox

Son en Breugel, Netherlands

Quinfox provides digital services for accountancy, healthcare, and public sector organisations. Quinfox was founded in 1998 and is based in Son en Breugel, Netherlands.

Buy -

Seller(S) 1

SELLER

Riverwood Capital

Menlo Park, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2008
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Riverwood Capital is a tech-focused on private equity firm. Riverwood will consider investment opportunities across North and South America and looks for situations where the firm can commit $25 to $125 per transaction. Prospective transaction situations include growth capital financings, carve-outs, consolidations, and buyouts. Specific areas of interest include IT, communications, technology hardware, electronics, software, and digital media. Riverwood Capital was formed in 2008 and is based in Menlo Park, California.


DEAL STATS #
Overall 15 of 24
Sector: Internet Software and Services M&A 3 of 7
Type: Add-on Acquisition M&A Deals 7 of 11
Country: Brazil M&A 2 of 2
Year: 2021 M&A 6 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 MotionPoint

Coconut Creek, Florida, United States

MotionPoint is a provider of website translation and globalization services. The company's proprietary technology platform makes it easier for companies to penetrate new markets domestically and internationally. It translates and localizes client websites, drives traffic to those sites, and optimizes user experiences in every target market. MotionPoint was established in 2000 and is based in Coconut Creek, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 Sensedia

Campinas/SP, Brazil

Sensedia is a modern services connectivity and integration expert, providing a technology platform and services to enterprises in their journey towards a more open, connected, and digital world. The company delivers API management, microservices, service-mesh, and legacy integration enablement to innovative enterprises worldwide to integrate digital channels, leverage their ecosystem, and create a modern multi-cloud/hybrid architecture in a governed, scalable and secure way. Sensedia was founded in 2007 and is based in Campinas, Brazil.

Buy -