M&A Deal Summary

Tivit Acquires Synapsis Soluciones y Servicios IT

On August 11, 2014, Tivit acquired software company Synapsis Soluciones y Servicios IT from Riverwood Capital for 150M USD

Acquisition Highlights
  • This is Tivit’s 2nd transaction in the Software sector.
  • This is Tivit’s largest (disclosed) transaction.
  • This is Tivit’s 1st transaction in Italy.

M&A Deal Summary
Date 2014-08-11
Target Synapsis Soluciones y Servicios IT
Sector Software
Buyer(s) Tivit
Sellers(s) Riverwood Capital
Deal Type Add-on Acquisition
Deal Value 150M USD

Target

Synapsis Soluciones y Servicios IT

Livorno, Italy
Synapsis is a research and development, engineering and consulting company in the 'e-Health' sector. Synapsis creates a global, synergetic IT solution to the needs of the Healthcare Authorities to improve the performance of the services provided to the general public, thanks to cutting-edge ICT solutions, to the effective management of the products and to the detailed knowledge of clinical processes.

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Buyer(S) 1

Buyer

Tivit

São Paulo, Brazil
Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

Tivit is an integrated services provider of ITM (Information Technology Management) and BPM (Business Process Management) supporting their customers' growth and success. With an extensive service portfolio and a consulting approach, the company designs innovative operating solutions. Tivit was formed in 2005 and is based in São Paulo, Brazil.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (Italy) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-01 Softway SA

Sao Paulo, SP, Brazil

Softway is a provider of software solutions for Foreign Trade, with more than 300 collaborators, including System Analysts, Computing Engineers, and Consultants, which form an integrated group that is entirely committed with its customers, offering them quality, speed, and security for the solutions provided.

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 6 of 24
Sector (Software) 2 of 6
Type (Add-on Acquisition) 3 of 11
Country (Italy) 1 of 1
Year (2014) 4 of 4
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-18 Globant

Luxembourg, Luxembourg

Globant is a provider of software product development and IT outsourcing services from Latin America. Globant was incorporated in 2003 and is headquarters in Luxembourg City, Luxembourg.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-24 Dock

Sao Paulo, Brazil

Dock is a provider of modern financial technology infrastructure in Latin America. Dock unlocks business value, innovation, and scalability for its customers by integrating card issuing and core banking services on one comprehensive platform. Dock’s modular solutions enable mission-critical processes that accelerate a company’s ability to bring new digital payments and banking services to market. Dock was founded in 1997 and is based in Sao Paulo, Brazil.

Buy -
Mergr

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