Almaviva Acquires TIVIT, Expanding Digital Transformation Reach
Deal News | Jun 12, 2025 | Apax (Ignore, Duplicate)
Almaviva, a leading Italian provider of digital solutions, has agreed to acquire TIVIT, a major Brazilian technology company, from Apax Partners LLP. This acquisition, pending regulatory approval, will strengthen Almaviva's position as a global leader in digital transformation, bolstering its presence in Latin America. TIVIT, which was acquired by Apax in 2010, has grown through acquisitions and strategic divestments, notably spinning out Neobpo and Takoda. J.P. Morgan served as financial advisor, while Mattos Filho, Skadden, Benetti & Giammarino Advogados, and L.O. Baptista Advogados provided legal counsel in the transaction.
Sectors
- Digital Transformation
- Technology Services
- Private Equity
Geography
- Brazil – TIVIT is one of Brazil's largest technology companies with a strong presence in the region.
- Italy – Almaviva is an Italian provider of digital solutions, expanding its operations with this acquisition.
- Latin America – TIVIT operates across Latin America, and the acquisition will enhance Almaviva's reach in this geography.
Industry
- Digital Transformation – The article focuses on Almaviva's acquisition of TIVIT, both central players in digital solutions and technological transformation.
- Technology Services – The acquisition emphasizes the expansion and integration of cloud solutions, cybersecurity, and managed services.
- Private Equity – Apax Partners, a private equity firm, is involved in the transaction as the seller of TIVIT.
Financials
- 12 billion reais – Almaviva's reported revenue exceeding this amount, as mentioned in the context of the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Almaviva | Acquirer | Company | An Italian provider of digital solutions and technological transformation. |
| TIVIT | Target Company | Company | A major Brazilian technology company with operations across Latin America. |
| Apax Partners LLP | Seller | PE Firm | Private equity firm that acquired TIVIT in 2010 and is now selling it to Almaviva. |
| J.P. Morgan | Financial Advisor | Company | Financial advisor to Apax in the transaction. |
| Mattos Filho | Legal Advisor | Company | Legal advisor to Apax and TIVIT in the transaction. |
| Skadden | Legal Advisor | Company | Legal advisor to Apax and TIVIT in the transaction. |
| Benetti & Giammarino Advogados | Legal Advisor | Company | Legal advisor to Almaviva. |
| L.O. Baptista Advogados | Legal Advisor | Company | Legal advisor to Almaviva. |