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  5. Matera Acquires Cinnecta

M&A Deal Summary

Matera Acquires Cinnecta

On August 15, 2023, Matera acquired information technology company Cinnecta

Acquisition Highlights
  • This is Matera’s 1st transaction in the Information Technology sector.
  • This is Matera’s 1st transaction in Brazil.

M&A Deal Summary
Date 2023-08-15
Target Cinnecta
Sector Information Technology
Buyer(s) Matera
Deal Type Add-on Acquisition

Target

Cinnecta

Belo Horizonte, Brazil
Cinnecta is a data intelligence company specialized in understanding customer behavior to identify opportunities to increase LTV (lifetime value). Its platform transforms the way businesses assess customers possibilities to expand profitability and loyalty: campaign recommendations, next best offer (NBO), credit analysis, upsell, cross-sell and churn prediction. Cinnecta was founded in 2013 and is based in Belo Horizonte, Brazil.

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Buyer(S) 1

Buyer

Matera

Sao Paulo, Brazil
Category Company
Founded 1987
Sector Information Technology
Employees1,000
DESCRIPTION

Matera provides instant payments, QR code, and digital ledger technology. Matera was founded in 1987 and is based in Sao Paulo, Brazil.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Brazil M&A 1 of 1
Year: 2023 M&A 1 of 1
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