ANOVO has acquired a 70% stake in Brazilian after-sales service provider Tektronik to enhance its presence in the rapidly growing telecommunications market.
Target Information
ANOVO is a leading provider in the aftermarket service sector and supply chain management for services. The company has successfully entered the Brazilian market by acquiring a 70% stake in Tektronik, a notable company based in Barueri, São Paulo. Tektronik specializes in after-sales services, particularly focusing on the repair and maintenance of digital decoders and modems.
This strategic acquisition marks ANOVO's commitment to expanding its footprint in Brazil, where the demand for skilled repair services in the telecommunications sector is on the rise.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The Brazilian aftermarket services industry is experiencing significant growth, driven by a surge in consumer electronics and a growing demand for reliable repair service
Similar Deals
Nuvei Corporation → Pay2All Instituição de Pagamento Ltda.
2024
ANOVO
invested in
Tektronik
in 2024
in a Buyout deal