Add-on Acquisition • Transportation

Nuvemshop Acquires Mandaê

On October 1, 2021, Nuvemshop acquired transportation company Mandaê

Acquisition Context

This is Nuvemshop’s 1st transaction in the Transportation sector.
This is Nuvemshop’s 1st transaction in Brazil.

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M&A Deal Summary
Date	October 1, 2021
Target	Mandaê
Sector	Transportation
Buyer(s)	Nuvemshop
Deal Type	Add-on Acquisition

Target Company

Mandaê

São Paulo, Brazil

Mandaê is a logistics platform for small and medium e-commerce businesses. Mandaê uses data and algorithms to connect all players involved in the supply chain. Mandaê is based in São Paulo, Brazil.

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Buyer Overview 1

Buyer

Nuvemshop

São Paulo, Brazil

Category	Company
Founded	2011
Sector	Internet Software and Services
Employees	600

DESCRIPTION

Nuvemshop is an e-commerce platform with over 90,000 merchants, integrates products, payments, shipping as well as provides an ecosystem with more than 1,000 partners, such as Facebook, Instagram, marketplaces, and brick-and-mortar stores. Nuvemshop was founded in 2011 and is based in São Paulo, Brazil.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Transportation	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Brazil	1 of 1
Year: 2021	1 of 1

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