Deal sheet
- Sector
- Technology
- Mandate
- Sell-Side
- Year
- 2023
- Country
- Brazil
NTT DATA acquired a significant stake in Conexos S/A.
JK Capital acted as exclusive financial advisor to Conexos S/A.
About the deal
About Conexos
Conexos is a leader in software for foreign trade in Brazil: founded in 1998, it has more than 300 customers in retail, trading, logistics, industry and commodities and a Global Trade Management (GTM) system with more than 65 robots for customs clearance, special regimes, foreign exchange and taxation.
About NTT DATA Business Solutions
NTT DATA Business Solutions AG is the European SAP solutions unit of the NTT DATA group, in a strategy to expand its own software portfolio (OwnIP), with Brazil as the focus country.
Transaction rationale
This operation seeks to combine NTT DATA's SAP S/4HANA transformation and tax solutions with Conexos' GTM, integrated with SAP via API, to attack the regulatory complexity of Brazilian foreign trade, with future expansion to Latin America.