US EditionTotvs Closes R$3.05 Billion Deal for Linx, Reshaping Brazilian Retail Tech
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7 Articles
Totvs Closes R$3.05 Billion Deal for Linx, Reshaping Brazilian Retail Tech
Totvs, Brazil’s largest business software provider, has agreed to buy Linx, the country’s top retail software company, from StoneCo for R$3.05 billion ($540 million). This deal, signed in July 2025, will give Totvs more control in Brazil’s competitive retail technology market, but it still needs approval from government regulators and Totvs’ shareholders before becoming final. […]
Totvs' CEO, Dennis Herszkowicz, has an old relationship with Linx. Before ordering the software giant, the executive worked almost 16 years there, such as CFO and vice president. And just because he knew the competitors' income, Dennis always saw Linx as a perfect M&A for Totvs – both for product supplementation and similarity in culture. He stayed five years, but happened last night: Totvs will pay R$ 3,05 billion by Linx, which had been acquir…
Totvs said on this Wednesday (22) that he agreed to purchase shares from Linx Shares by a total of R$ 3,05 billion, as relevant. The acquisition of Linx – a company controlled by StoneCo Ltd. – will be financed with its own box and debt instruments still to be contracted, he said. According to Totvs, Linx concluded 2024 with total revenue of R$ 1,145 billion and adjusted Ebitda of R$ 239 million. “This transaction has a significant complementary…
Totvs showed interest in acquiring the software company since the end of 2024
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