Radar > 244153

Tivit planning spin off

Intel ID : 244153
Synopsis

Tivit, a São-Paulo based private equity-backed technology firm, is planning to spin off its call center and business process outsourcing division into a new company called Neobpo, reported Valor Econômico on 23 November 2016, citing Tivit President Luiz Mattar.

The company's technology division, which includes data centers, cloud services, and transaction-related operations, will remain under the Tivit name. The changes will take effect starting 1 January 2017.

Mattar noted splitting the divisions will allow each to focus more on its operations, particularly in the case of the spin-off, which was beginning to be suffocated by the size of Tivit's technology business.

Neobpo will have a staff of 20,000 employees and will be led by Marco Lupi. Mattar will remain Tivit President and Chairman of the Board and Neobpo Chairman of the Board. Its operations will initially be concentrated in Brazil

Target

Tivit
Brazil

Intel ID 244153
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Tivit
(31 Dec 2023)
Revenue: EUR 327,38m
EBITDA: EUR 52,58m
Net Debt: EUR 77,12m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Technology (Primary)
Primary Sector (TTRSC)
40.03.06 Hosting, Data Storage & Processing
40 Information Technology / 40.03 Internet, Software & IT Services

Secondary Sectors (TTRSC)
10.01.01 BPO/Outsource Services
10 Business Services / 10.01 Business & Professional Support Services

10.01.04 Equipment Leasing & Rental Services
10 Business Services / 10.01 Business & Professional Support Services

10.01.07 Human Resource & Employment Services
10 Business Services / 10.01 Business & Professional Support Services

10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

10.02.01 Advertising & Marketing Services
10 Business Services / 10.02 Marketing & Advertising

10.02.02 Market Research
10 Business Services / 10.02 Marketing & Advertising

10.02.03 Outdoor Advertising
10 Business Services / 10.02 Marketing & Advertising

15.06.99 Other Education & Training Services
15 Consumer Products & Services / 15.06 Education & Training Services

25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

25.04.02 Credit Collections & Related Services
25 Financial Services / 25.04 Other Financial Services

25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

25.04.99 Other Financial Services
25 Financial Services / 25.04 Other Financial Services

35.06.02 Industrial Maintenance & Repair Services
35 Industrials / 35.06 Industrial Services

40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.