Pactor Finanças Corporativas is pleased to announce that it acted as exclusive financial advisor to the partners of Agger in the sale of the company to Arco Capital, marking the first acquisition of the Search Fund Arco Capital in Brazil.

Agger is a Brazilian IT company focused on developing technological solutions for the insurance market. Operating for over 26 years in Brazil, it has a broad portfolio of technological solutions (software) especially for managing insurance brokers.
Arco Capital is a Search Fund composed of a group of national and international investors with vast experience in various segments and industries that have acquired Agger as their growth platform in Brazil.

MDS Group has acquired, through its local subsidiary MDS Brasil, the entirety of CredRisk Seguros, strengthening the group’s presence in the Brazilian insurance market.

CredRisk Seguros is a broker specialized in credit insurance in Brazil with over R$ 70 billion in insured credits. With more than 40 years of history, the company is a reference in pioneering and market knowledge, acting as a Trusted Advisor to its clients.

MDS Brasil is part of the MDS Group, an investee from the private equity fund Ardonagh, with operations in seven countries and approximately € 650 million in written premiums. MDS Brasil has 550 employees located in 12 offices and, with the acquisition of CredRisk, it has become the leading company in the country’s credit insurance market.

Planus sold its printing outsourcing operation to Selbetti as part of the its strategy to focus on its areas of expertise and value-added solutions, in line with its global portfolio.

Planus is a Brazilian information communication technology (ICT) company focused on the segments of corporate networks, managed services, cloud solutions, among others. With over 30 years of history, it is a reference of pioneering and innovation in Brazil, and it was acquired in 2020 by VINCI Energies, a French group with operations in more than 50 countries.

Selbetti is a Brazilian technology and innovation company based in the state of Santa Catarina, a pioneer in the printing segment in the country, with over 40 years of experience. The company operates in the areas of printing outsourcing, leasing of ICT assests, proprietary technology platforms and solutions, among others. With Planus, the company reinforces its operations in the outsourcing market, reaching the mark of 120 thousand devices managed throughout Brazil.

Bidfood, a subsidiary of the Bidcorp Group, is one of the leading food service distribution companies in Brazil and worldwide, currently operating in more than 30 countries. Present in Brazil since 2014 through the acquisition of Irmãos Avelino, it has over 16,000 clients in the country and performs more than 400,000 deliveries per year.

Vinhais is one of the largest and most traditional distributors in the food service market for the state of São Paulo, with a broad portfolio of products, especially dairy products.

Bidfood, a subsidiary of the Bidcorp Group, is one of the leading food service distribution companies in Brazil and worldwide, currently operating in more than 30 countries. Present in Brazil since 2014 through the acquisition of Irmãos Avelino, it has over 16,000 clients in the country and performs more than 400,000 deliveries per year.

Vinhais is one of the largest and most traditional distributors in the food service market for the state of São Paulo, with a broad portfolio of products, especially dairy products.

Fix is ​​a technology company specialized in the delivery of domestic services, which connects customers to professionals from different areas. Founded in 2017, it has accumulated tens of thousands of registered services on its platform, and its main markets are Greater São Paulo, Campinas, Porto Alegre and Curitiba.

Tempo Assist is the largest specialized assistance company in the Brazilian market. The company is an investee from the private equity funds Carlyle and Swiss Re, and runs a network of more than 22,000 service providers

Bidfood, a subsidiary of the Bidcorp Group, is one of the leading food service distribution companies in Brazil and worldwide, currently operating in more than 30 countries. Present in Brazil since 2014 through the acquisition of Irmãos Avelino, it has over 16,000 clients in the country and performs more than 400,000 deliveries per year.

Leão Marinho is one of the largest and most traditional food distributors on the coastal areas of northern São Paulo and southern Rio de Janeiro, with expressive food service market share in the region, as well as retail clients.

Victory has associated itself with It’sSeg, strengthening the company’s presence in the Brazilian market for health plans and corporate benefits.

Victory is a consulting and insurance broker specialized in corporate benefits, such as health plans, dental plans, life insurance, and quality of life programs. Founded in 2000, it is a reference in the application of proprietary technologies in health management, with over 320 thousand lives managed and premia of R$ 300 million.

It’sSeg is currently the largest independent consulting,
benefit management firm, and insurance broker in Brazil. The company is invested by the private equity fund Actis and collects over R$ 2.3 billion in premia.

Sercom acquired a shareholding in System Interact, expanding its operations in credit recovery.

System Interact is a credit recovery and collection solutions company, mainly through its contact center and technology tools. With more than 20 years of history, it is a pioneer reference in the use of data analytics in its segment.

The Sercom Group is a company with multiple contact center solutions, including sales and relationship management. It currently has approximately 8 thousand employees and has a turnover of more than R$ 400 million.

Marsh has expanded its strategic partnership with Euroamerica.

Euroamerica is a reputable insurance broker recognized in the market for its technical capacity, segmented performance and qualified and experienced professionals. With more than 30 years of history, Euroamerica also operates in several other countries through strategic partnerships.

Marsh is a global leader in insurance brokerage, based in New York. The Marsh Group (MMC) is present in more than 130 countries, has a turnover of more than US$ 14 billion and about 65 thousand employees.

It’sSeg acquired Gebram, strengthening its operations in Elementary Schools and accelerating its geographic expansion.

Gebram is one of the leading brokers in the Individuals segment in the interior of the state of São Paulo. Headquartered in Jundiaí and with more than 80 years of history, the company has more than 3,000 customers and 160 employees. The company has eight branches and 20 service points.

It’sSeg is currently the largest consultancy, benefits administrator and independent insurance broker in the country. The company is invested in the Private Equity Actis fund and generates over R$ 2 billion in premiums.

Culligan acquired all of IBBL, an invested company from Advent International, expanding its portfolio of residential, commercial and Point of Use (POU) water treatment products.

IBBL is a Brazilian company that for over 30 years has created and produced water purifiers for all Brazilian regions and exports to more than 40 countries. It is a pioneer in its sector and a leader in the manufacture and sale of POU equipment for filtering and purifying drinking water.

Culligan is an American water treatment company based in Rosemont, Illinois. Culligan specializes in softeners, water filtration and bottled water systems for residential, commercial and industrial consumers.

In May 2017, PagSeguro acquired a stake in R2Tech, expanding its portfolio of financial services.

R2Tech is a financial technology company, operating both in Brazil and abroad, which develops and offers solutions for financial management, including receivables management, reconciliations, payments, billing and settlement, invoicing, gateways, among others.

PagSeguro is a payment processing company, which operates credit and debit cards, and also the largest online payment platform in Brazil. It is part of UOL, an internet company of content, products and services, controlled by Grupo Folha, one of the largest and most traditional media groups in Brazil.

In November 2016, Irmãos Avelino acquired a majority stake in Mariusso, strengthening its presence in the state of São Paulo.

Irmãos Avelino is one the leading companies in food service distribution in Brazil. The company, founded in 1991, has more than 10,000 clients. In 2014, a majority stake in Irmãos Avelino was sold to Bidcorp (Bidvest Group), the third largest company in the world in the food service distribution segment and the one with broader global presence, in another transaction advised by Pactor.

Mariusso is a food service distribution company located in Paulínia (SP) and has more than 4,000 clients in the Metropolitan Area of Campinas and surroundings.

In June 2016, Elis acquired the totality of Rotovic Camaçari, expanding its operations in the Brazilian industrial laundry market.

Rotovic is a Brazilian company founded in 1968, focused on providing cleaning services, maintenance, and uniform and personal protective equipment (PPE) rental for the industrial segment.

Elis is a French industrial laundry group present in 12 countries. In 2013, it had acquired Atmosfera in Brazil. The group has more than 19,000 employees in nearly 300 operating centers, serving approximately 240,000 customers. Its revenues are approximately € 1.5 billion.

In February 2016, Zap concluded the establishment of DataZap, an initiative that composes its growth strategy in the Brazilian market by the expansion of its portfolio of services.

Zap is the largest real estate web portal in Brazil and also the leading provider of advertising, information, and services to the national real estate market, such as the FipeZap index. The company is owned by Grupo Globo, the largest communication and media group of Brazil.

DataZap is Zap’s company focused on real estate intelligence. It aims at providing services that add value to the real estate agents, developing innovative products that support decision-making to build, invest, fund or trade in real estate.

In June 2015, AppNexus acquired the totality of RealMedia Latin America, with operations in Brazil, Argentina, Chile, and Mexico, in order to strengthen its presence in the fast-growing Latin American  advertising market.

Founded in 2002, RealMedia Latin America offers marketing and technology solutions to online advertisers and publishers. Among its customers are Globo, Estadão, Walmart, Mercado Libre, B2W, Yapo.cl, and El Universal Mexico.

AppNexus is the world’s leading independent ad tech company, which provides trading solutions and powers marketplaces for Internet advertising. Its platform empowers customers to more effectively buy and sell media.

In June 2015, Zap acquired the totality of Sub100, completing another step in its growth strategy in the Brazilian market through acquisitions and expansion of its portfolio of services.

Zap is the largest real estate web portal in Brazil and also the leading provider of advertising, information, and services to the national real estate market, such as the FipeZap index. The company is owned by Grupo Globo, the largest communication and media group of Brazil.

Sub100 is one of the main real estate web portals of Southern Brazil, focused on Paraná state. The company also provides management systems to its clients, such as SGL (for new properties) and Subsee (for existing properties).

In June 2015, GI Group acquired Holomática, adding Holomática’s structure and client portfolio to its Brazilian operation.

Holomática is a Brazilian specialized labor outsourcing company,, focused on the automotive industry.

GI Group is an Italian company of human resources solutions, such as recruitment and selection, management of temporary employment, outsourcing projects, training and business consulting in organizational development. In 2015, Grupo Gi provided services to approximately 12,000 companies, with total revenues of € 7 billion.

In March 2015, Kroton signed a sale agreement of an asset of in-class higher education in the Southeast region of Brazil to shareholders of another educational institution.

Kroton Educacional is an educational company with wide presence in Brazil, both in in-class education, with 130 higher education units, and in distance learning, with over 700 distance learning poles. In 2014, Kroton concluded  the merger process with Anhanguera, becoming the largest education company in the world. The company presents revenues of approximately R$ 3 billion.

In December 2014, Zap acquired the totality of Pense Imóveis, stepping into the southern region of Brazil as the leader in its segment.

Zap is the largest real estate web portal in Brazil and also the leading provider of advertising, information, and services to the national real estate market, such as the FipeZap index. The company is owned by Grupo Globo, the largest communication and media group of Brazil.

Pense Imóveis is the main real estate web portal of Rio Grande do Sul and Santa Catarina states, founded by Grupo RBS, a traditional communication group with strong presence in Southern Brazil.

In August 2014, Arrow Electronics concluded the acquisition of the totality of CNT Brasil, entering in the segment of information technology distribution in Brazil.

CNT Brasil is a Brazilian company founded in 1994, reference in the value added distribution (VAD) segment of software and hardware in Brazil and in training, several times recognized with the most important awards in its segment. It is one of the leading distributors of virtualization and cloud computing solutions in the country.

Arrow Electronics is an American multinational public company, focused on the distribution of software, hardware, and electronics components. The company is present in over 58 countries and its revenues are approximately US$ 22 billion.

In August 2014, Radar (Grupo Cosan) acquired the operating assets of Quirinvest.

Quirinvest is a Brazilian company of the agricultural sector, focused on planting and supplying sugarcane for the sugar-alcohol industry.

Radar is a farm manager of the Grupo Cosan. Radar buys and adapts rural properties with agricultural potential. The company manages farms in eight Brazilian states, with more than 280 thousand hectares dedicated to the planting of sugar cane, soy, cotton and corn, among others.

In March 2014, Bidvest entered in the Brazilian market of food distribution through the acquisition of a majority stake in Irmãos Avelino.

Irmãos Avelino is one the leading companies in food service distribution in Brazil, with operations concentrated in the state of São Paulo. The company, founded in 1991, has more than 10,000 clients and is the representative of the state of São Paulo in DIEFS (association of distributors specialized in food service).

Bidvest is a South African multinational public company, the third largest company in the world in the food service distribution segment and the one with broader global presence. The company has more than 100,000 employees and revenues of approximately US$ 15 billion.

In January 2014, Van Leeuwen Pipe & Tube Group acquired Tubexpress, entering into the Brazilian market.

Van Leeuwen is a company based in the Netherlands and it is one of the largest global distributors of steel pipes, operating in the segments oil & gas, construction, and industry in general.

Tubexpress is a Brazilian company based in São Paulo, operating in the same branch of activity than Van Leeuwen.

In September 2013, Kroton signed a sale agreement of two assets of in-class higher education in the Central-West region of Brazil to shareholders of another educational institution.

Kroton Educacional is an educational company with wide presence in Brazil, both in in-class education, with 130 higher education units, and in distance learning, with over 700 distance learning poles. In 2014, Kroton concluded  the merger process with Anhanguera, becoming the largest education company in the world. The company presents revenues of approximately R$ 3 billion.

In September 2013, Senff acquired the credit card management operation of Lecca Financeira.

Lecca is a traditional financial institution of Rio de Janeiro, founded in 1975.

Senff is a company based on Paraná with over 120 years of history and since 2000 dedicates itself exclusively to the card management.

In September 2013, Admiral Corretora acquired Technos Seguros, a transaction that marked Admiral’s entry into the Rio de Janeiro market.

Technos is a Rio de Janeiro insurance brokerage firm, whose original partners remained in operation after the transaction.

Admiral is a São Paulo insurance brokerage firm that started its activities 2000, focused on managing benefits for corporate clients. Later, the brokerage firm expanded its commercialization and consulting activities to other branches of insurance.

In May 2013, Osborne concluded the acquisition of a majority stake of Natique, as part of its internationalization and growth strategy.

Natique is a Brazilian company of industrialization and distribution of beverages, especially spirits, among which Santo Grau cachaça, Liquid vodka, and Xiboquinha are the most noteworthy.

Osborne is one of the most traditional Spanish  companies in the food and beverage sector, with almost three centuries of operation. The company has well-known brands of wines, spirits, and Iberian food, as well as operates restaurants. Osborne’s revenues are above € 230 million.

In February 2013, the Inova fund of DGF Investimentos made a capital injection in  Gesto Saúde e Tecnologia.

Gesto is an early stage technology company, which offers health management services through a business intelligence platform in the SaaS (software as a service) model.

DGF Investimentos is a Brazilian private equity and venture capital fund founded in 2001 and one of the pioneers of this industry in Brazil.

In January 2013, SapientNitro entered in the Brazilian and Latin American digital marketing segment through the acquisition of a majority stake in iThink.

iThink is a Brazilian digital marketing agency founded in 2002 and led by Marcelo Tripoli, being the largest independent agency of the segment until the transaction.

SapientNitro is the largest digital agency of the United States and the third largest of the world. With more than 1,000 clients in several countries, SapientNitro serves the major global advertisers. Its revenues are approximately US$ 1.3 billion. In 2014, SapientNitro was acquired by Publicis, a French advertising group with revenues of approximately € 7 billion.

In September 2012, a joint venture formed by Fleury and Odontoprev acquired Papaiz Associados.

Papaiz Associados is a company with more than 30 years of existence, specialist in solutions of dental diagnostics by image, with emphasis on the examinations of computed tomography, panoramic radiography, documentation, among others.

Fleury is a reference group in the diagnostic medicine segment in Brazil, founded in 1926, with gross revenues above R$ 2 billion. OdontoPrev is a leader in the dental care segment in Brazil, with over 6 million beneficiaries. It is present in about 2 thousand municipalities and has more than 25 thousand accredited dentists.

In September 2012, ABZZ acquired an equity stake in Memo.

ABZZ is the family office of Birman family, majority and controlling shareholders of Arezzo & Co, the leading company in women’s footwear, handbags and accessories retail in Brazil.

Memo is a retail chain of sportswear (activewear and loungewear), founded by the shareholders of Affiniti Berlan knitwear. Memo is present in some of the major shopping malls in São Paulo.

In September 2012, Puritec received funds from private investors through debt convertible into equity.

Puritec is a technology company in the area of ​​liquid effluent treatment, with recycled water generation, integrating physical-chemical, biological and final polishing technologies with filtration in membranes processes.

In July 2012, Cremer acquired Embramed, following its strategy of complementing its product portfolio.

Founded in 1935, Cremer is one of the largest and most traditional Brazilian companies of products in the areas of first aid, surgery, treatment, hygiene and wellness.

Embramed is a national company that has been operating in the hospital products market since 1989. Its brand is a market leader in several segments and it exports to over 15 countries in four continents.

In September 2011, Cremer acquired Topz’s operations and brands, following its strategy of complementing its product portfolio and strengthening in retail.

Founded in 1935, Cremer is one of the largest and most traditional Brazilian companies of products in the areas of first aid, surgery, treatment, hygiene and wellness.

Topz is a brand that belonged to EMS Group and with more than 30 years in the market. It has a complete portfolio of toiletries and cosmetics, with emphasis on cotton, cotton swabs, soaps, intimate soap, bandages, shampoos, antiseptic, brushes and dental tapes.

In April 2011, Abril Educação concluded the acquisition of the totality of Grupo pH.

Grupo pH is composed by network of schools and educational courses located in the state of Rio de Janeiro, traditionally positioned as one of the best educational institutions in the region. The company was founded in 1987 and had approximately 7,000 students at the time of transaction.

Abril Educação is the educational company of Grupo Abril, one of the largest and most traditional Brazilian media groups. Abril Educação holds publishers, educational systems, preparatory courses, language schools, and complementary businesses, with revenues of approximately R$ 1 billion.

In August 2010, Quirinvest received a capital injection from Aquila Capital.

Quirinvest is a Brazilian company of the agricultural sector, focused on planting and supplying sugarcane for the sugar-alcohol industry.

Aquila Capital is a German asset management fund founded in 2001, with approximately € 7 billion in assets under management.

In March 2010, João Alves de Queiroz Filho acquired a relevant minority stake in Stan.

Stan is a traditional real estate development company of São Paulo, founded in the 1940s. The company has developed more than 100 real estate projects in the city of São Paulo, standing out by the differentiated architecture of its projects, recognized by several awards received.

João Alves de Queiroz Filho is a well-known Brazilian entrepreneur, controlling shareholder of Hypermarcas, a consumer goods company with revenues above R$ 4 billion.

In March 2010, APR Seguros acquired MA1.

MA1 is an insurance brokerage firm.

APR Seguros was founded in 2003 and it is considered one of the largest insurance brokerage firms in the Brazilian market, with more than R$ 350 million in managed premia.

In September 2009, Banco Fibra acquired the funding operations of vehicles and payroll loans of Banco Paulista.

Banco Paulista is a commercial bank founded in 1990, with emphasis on the foreign exchange market, being among the 20 largest financial institutions in terms of volume traded and among the 10 largest in number of operations, according to the Brazilian Central Bank ranking.

Banco Fibra is a multiple bank owned by Vicunha Group, which also holds interests in Vicunha Têxtil, Companhia Siderúrgica Nacional (CSN) and Fibra Experts.

In July 2009, the Criatec fund acquired a minority stake of BR3 Agrobiotecnologia.

BR3 Agrobiotecnologia is a company that develops biotechnology and chemical technology for agricultural use. The company is focused on research and development of innovative solutions for this market, such as Fegatex, a crop protection product.

Criatec is a seed capital fund, whose resources are mainly from BNDESPar and Banco do Nordeste do Brasil (BNB). Criatec has invested in 36 companies in Brazil in agribusiness, energy, media, healthcare, financial services, and information technology.

In July 2009, CR Zongshen concluded the acquisition of the totality of Kasinski.

Kasinski is a Brazilian motorcycles manufacturer and retailer installed in the Free Economic Zone of Manaus, focused on 110cc to 650cc models. The company was founded in 1999 by Abraham Kasinski, a renowned industrialist in the Brazilian market, also founder of Cofap, an auto parts manufacturer.

CR Zongshen is a joint venture between Zongshen, one of the largest motorcycle and vehicles manufacturer of China, and CR Motors, owned by the Rosa family, which works in the Brazilian two-wheel (motorcycles and bicycles) market for over 30 years.

In March 2009, Odontoprev acquired Odontoserv, marking its entry into the Northeast region market and reinforcing its strategy of geographical expansion.

Odontoprev is the leading dental care company in Brazil, with over 70,000 corporate clients and more than 6 million beneficiaries. It is present in about 2 thousand municipalities in all regions of the country and has more than 25 thousand accredited dentists.

Founded in 1991, Odontoserv is a dental plan company operating in the states of Alagoas, Bahia, Paraíba and Sergipe.

In January 2009, Odontoprev acquired Protodente, strengthening its presence in Rio de Janeiro market and reinforcing its strategy of geographic expansion.

Odontoprev is the leading dental care company in Brazil, with over 70,000 corporate clients and more than 6 million beneficiaries. It is present in about 2 thousand municipalities in all regions of the country and has more than 25 thousand accredited dentists.

Prontodente is an operator of dental plans exclusively, created in 1974. At the time of the acquisition, it had about 40 thousand members.

In December 2008, Dekra concluded the acquisition of a majority stake of Grupo Volchi.

Grupo Volchi is the controlling shareholder of the companies Linces, Checkauto, and DNA Security. Linces is the leader in the segment of vehicle inspections in Brazil. Checkauto is a provider of historical vehicle data. DNA Security is a vehicle security company.

Dekra is a traditional German multinational company founded in 192, which operates in the automotive, industrial, and human resources segments, present in more than 50 countries. The company is a world leader in vehicle technical inspection and its revenues exceed € 2.3 billion.

In November 2008, Solera completed the acquisition of Inpart.

Inpart is a company that offers automotive information management service, supporting the largest insurance companies to find the best price to meet their needs.

Solera is present in more than 70 countries and provides digital solutions to manage risks and assets in vehicle and residence areas. Solera’s companies have more than 180,000 customers and process more than 200 million operations worldwide.

In October 2008, Cremer acquired Hemocat and Biamed, major distributors of orthopedic products in the Northeast region, following its strategy of complementing its product portfolio.

Founded in 1935, Cremer is one of the largest and most traditional Brazilian companies of products in the areas of first aid, surgery, treatment, hygiene and wellness.

Hemocat, a company based in Salvador, Bahia, is specialized in the commercialization of medical technologies, having commercial exclusivity of major international brands.

In January 2009, Odontoprev acquired Sepao Assist, strengthening its presence in São Paulo and adding a team and a client portfolio with high complementarity with its operation.

Odontoprev is the leading dental care company in Brazil, with over 70,000 corporate clients and more than 6 million beneficiaries. It is present in about 2 thousand municipalities in all regions of the country and has more than 25 thousand accredited dentists.

Sepao Assist is a dental care company based in São Paulo.

Founded in September 2008, Quirinvest is a company focused on investments and operation of agricultural assets, with farms located in Minas Gerais.

The company operates in agribusiness, specialized in cultivation and supply of sugar cane and in the purchase and sale of agricultural real estate.

In March 2008, Cejen Engenharia acquired Rio Vivo Engenharia Ambiental.

Cejen Engenharia has been operating in the Brazilian market since 1986, providing integrated and high quality works and systems in various segments of engineering and infrastructure.

Rio Vivo Engenharia was founded in 1995 and it is specialized in basic sanitation services, working in the areas of research, design, construction and  services.

In November 2007, after Arezzo and Schutz merged their companies into Arezzo & Co, Tarpon Investments acquired a relevant minority stake of the company.

Arezzo & Co. is the leading company in women’s footwear, handbags,  and accessories retail in Brazil. Founded in 1972, the company currently holds Arezzo, Schutz, Alexandre Birman, and Anacapri brands. Arezzo & Co is currently a public company with a market capitalization of approximately R$ 2 billion and revenues of approximately R$ 1 billion, with over 460 stores throughout Brazil and abroad.

Tarpon Investments is a private equity fund in operation since 2002 and publicly traded in Bovespa (São Paulo Stock Exchange). Tarpon’s funds have approximately R $ 10 billion in assets under management.

In October 2007, Banco Fibra acquired the CDC (Direct Consumer Credit) operation of Lecca.

Lecca is a traditional financial institution  of Rio de Janeiro, founded in 1975.

Banco Fibra is a multiple bank owned by Vicunha Group, which also holds interests in Vicunha Têxtil, Companhia Siderúrgica Nacional (CSN) and Fibra Experts.

In July 2007, Grupo ABC concluded the acquisition of a majority stake in Sunset.

Sunset is a direct marketing agency led by Guto Cappio. The company operates in building relationships between its clients and brands and their customers.

Grupo ABC, founded and headed by Nizan Guanaes, is the largest advertising group in Brazil and one of the top 20 in the world. The group consists of 14 companies in the areas of advertising, marketing specialist services, content, and entertainment.

In December 2006, Lazam-MDS acquired Providence.

Providence is an insurance brokerage firm specialized in people insurance (life, pension, health and dental).

Lazam-MDS is a company founded in 1984 and controlled by the Portuguese group Sonae, operating in a wide range of insurance, reinsurance and risk areas.

In June 2006, Cargill acquired a stake in the Central Energética Vale do Sapucaí – Cevasa. The transaction marked Cargill’s entry into the sugar and alcohol segment in Brazil.

Cevasa was founded in 1994, in the region of Patrocínio Paulista, SP. It is a mill specialized in grinding of sugar cane.

Cargill is a North American company operating in Brazil since 1965. It is one of the largest food companies in the world, with revenues of approximately US$ 60 billion.

In September 2005, Willis acquired Áthos.

Athos is an insurance brokerage firm specialized in people insurance (life, pension, health and dental).

Willis is an English insurance brokerage firm that has been operating in Brazil since 1958, with a growth strategy focused on acquisitions.

In October 2004, MetLife acquired Soma Seguradora.

MetLife is one of the largest life insurance providers in the world, founded in 1868. It has been present in Brazil since 1999 in the areas of life insurance, supplementary pension and dental plans.

Soma Seguradora is an independent Brazilian company focused on the life and pension segments.

In September 2004, EuroAmérica acquired Reali Vida Nova, whose partners remained in the business as partners of the buyer.

Reali Vida Nova is a Brazilian insurance brokerage firm, which operates in multiple segments.

EuroAmerica was founded in 1985 and it is one of the largest insurance brokerage and risk consulting firms in the country. With 100% national capital, it also works in other countries through strategic partnerships.

In May 2004, Unimed Paraná acquired Gralha Azul operations from Itaú Group.

Gralha Azul is a healthcare operator, which was acquired by Itaú Group in the purchase of Banestado of Paraná.

Unimed Paraná is a health system that began its activities in Ponta Grossa in 1979. Unimed system began in 1967 in Santos, São Paulo.

In December 2002, Imarés group merged with Sonda group.

Imarés Group is a Brazilian company of information technology (IT).

Sonda is a Chilean IT services provider, being the largest IT integrator in Chile and present in several Latin American countries.

In 2002, EuroAmérica acquired the operations of No Risk.

No Risk is a Brazilian insurance brokerage firm, which operates in multiple segments.

EuroAmerica was founded in 1985 and it is one of the largest insurance brokerage and risk consulting firms in the country. With 100% national capital, it also works in other countries through strategic partnerships.

In 2002, Dynamo made a capital injection in IT Mídia.

IT Media is a media company focused on the information technology sector.

Dynamo is a private equity fund founded in 1993 to manage variable income assets.

In 2002, Metlife acquired the operations of Seasul Seguradora.

MetLife is one of the largest life insurance providers in the world, founded in 1868. It has been present in Brazil since 1999 in the areas of life insurance, supplementary pension and dental plans.

Seasul is an insurance company with a strong presence in the Japanese-Brazilian community.

Bank of America made a capital injection in Care Plus.

Care Plus is one of the leading health care providers for the premium segment in Brazil.

Bank of America is a North American bank based in North Carolina and one of the largest financial institutions in the world, with more than US$ 800 billion of assets under management.

In 1999, MetLife acquired Libra Clube.

Libra Clube is a traditional Brazilian insurance brokerage firm, founded in 1938.

MetLife is one of the largest life insurance providers in the world, founded in 1868. It has been present in Brazil since 1999 in the areas of life insurance, supplementary pension and dental plans.

In 1999, Structured Intelligence acquired Perrotti Informática.

Perrotti Informática is a Brazilian integrator of information technology solutions.

Structured Intelligence is an integrator of technology companies controlled by BankAmerica Capital, a private equity fund.

In 1999, Nationwide of Canada acquired the life and pension plan operations of Marítima Seguros.

Marítima Seguros is a traditional Brazilian insurance company founded in 1943, operating in several segments.

Nationwide is a North-American financial services company with operations in the insurance segment.