M&A Deal Summary

Vitru Acquires Rede Enem

On September 2, 2022, Vitru acquired internet software and services company Rede Enem for 3M BRL

Acquisition Highlights
  • This is Vitru’s 1st transaction in the Internet Software and Services sector.
  • This is Vitru’s largest (disclosed) transaction.
  • This is Vitru’s 2nd transaction in Brazil.

M&A Deal Summary

Date 2022-09-02
Target Rede Enem
Sector Internet Software and Services
Buyer(s) Vitru
Deal Type Add-on Acquisition
Deal Value 3M BRL

Target

Rede Enem

Florianópolis, Brazil
Rede Enem is a platform that provides free content through an ecosystem that includes blogs, free preparatory courses, and social media profiles. Rede Enem is based in Florianópolis, Brazil.

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Buyer(S) 1

Buyer

Vitru

Florianopolis, Brazil

Category Company
Founded 2014
Sector Education
Revenue 1.3B BRL (2022)
DESCRIPTION

Vitru operates as a distance learning education company in the postsecondary digital education market in Brazil. Its courses comprise primary pedagogy, business administration, accounting, physical education, vocational, engineering, and health-related courses. Vitru was founded in 2014 and is based in Florianopolis, Brazil.


DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Brazil) 2 of 2
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-23 Unicesumar

Maringa, Brazil

Unicesumar is a fast-growing higher education institution in Brazil focused on the distance learning market, founded 30 years ago in Maringá/PR and led by the Matos Family since then. As of March 31, 2021, it had 760 hubs and 331 thousand students, including 314 thousand in digital education. According to the latest INEP higher education census released in Sept. 2020 by the Brazilian Ministry of Education (Ministério da Educação), or MEC, Uniasselvi and Unicesumar were respectively the #1 and #2 fastest-growing institutions in the Brazilian private digital education market. Unicesumar also enjoys a sizeable presence in health-related on-campus courses, particularly Medicine, with more than 1,600 students in 348 current medical seats1 that are still ramping up (with potential for 50 additional seats in the near future). Unicesumar is based in Maringa, Brazil.

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