M&A Deal Summary

MercadoLibre Acquires Axado Informacao e Tecnologia SA

On June 8, 2016, MercadoLibre acquired internet software and services company Axado Informacao e Tecnologia SA for 8M USD

Acquisition Highlights
  • This is MercadoLibre’s 3rd transaction in the Internet Software and Services sector.
  • This is MercadoLibre’s 3rd largest (disclosed) transaction.
  • This is MercadoLibre’s 2nd transaction in Brazil.

M&A Deal Summary
Date 2016-06-08
Target Axado Informacao e Tecnologia SA
Sector Internet Software and Services
Buyer(s) MercadoLibre
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

Axado Informacao e Tecnologia SA

Florianopolis, Brazil
Axado Informacao e Tecnologia SA is a provider of SaaS based online freight services company developing solutions for managing and monitoring shipments of orders.

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Buyer(S) 1

Buyer

MercadoLibre

Montevideo, Uruguay
Category Company
Founded 1999
Sector Internet Software and Services
Employees58,313
Revenue 14.5B USD (2023)
DESCRIPTION

MercadoLibre is an online trading platform serving Latin America. Its services are designed to provide its users with mechanisms to buy, sell, pay for, and collect on e-commerce transactions. The company principally offers MercadoLibre marketplace, an automated online commerce service, which permits businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. MercadoLibre was founded in 1999 and is based in Montevideo, Uruguay.

DEAL STATS #
Overall 5 of 7
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 4 of 6
Country (Brazil) 2 of 3
Year (2016) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-25 Metros Cubicos S.A. de C.V.

Mexico City, Mexico

Metros Cubicos, S.A. de C.V. is a real estate portal website in Mexico for searching and publishing information of sale and rental of all types of properties (houses, apartments and offices, among others).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-25 Kangu

Sao Paulo, Brazil

Kangu is a logistics company that operates in Brazil, Colombia, and Mexico. The company has more than 5,000 collection and delivery points, more than half of them in Brazil. It serves a wide variety of companies including Mercado Livre, connecting e-commerce sellers to its network of neighborhood partners such as pet shops, stationers, and other local stores. These stores form a high capillarity network of collection points where sellers can leave their products for delivery, or delivery points where customers can pick up their orders. Kangu is based in Sao Paulo, Brazil.

Buy -
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