BroadSpan Capital advised the shareholders of Compufour Software, a leading software developer in Brazil, in its sale to Zucchetti Group, one of the largest companies in Italy and a global leader in ERP development, for BRL 100.0 million.
Founded in 1995, Compufour is specialized in the development and sale of Enterprise Resource Planning (ERP) software for small and mid-cap companies (SMEs) in Brazil, providing back-office management, cash management, and invoice management systems. The Company has an active network of 1,700 resellers and 40,000 active users throughout Brazil. In 2019, Compufour’s systems exchanged more than BRL 26 billion through over 100 million tax documents.
With this transaction, Compufour and Zucchetti Group further expand their commercial reach in Brazil, expand their current product offering to additional market segments, and enhance their proximity to financial institutions seeking software innovations in the open banking value chain.
BroadSpan Capital actively served Compufour’s shareholders in this transaction to maximize its value and diminish risks, leveraging its extensive experience within the technology industry, where it has successfully concluded numerous complex transactions.