Valid’s payment division in Colombia has been acquired by Stefanini Group
May 2025 — Valid has successfully completed the sale of its payment division in Colombia to Grupo Topaz, part of the Stefanini Group. This strategic transaction allows Valid to further strengthen and accelerate the growth of its identification and mobile connectivity divisions across Latin America.
Established in 2015, the payment division sold by Valid is based in Bogotá, Colombia, and specializes in software development for payment and transactional products. Its portfolio includes digital wallets, payment solutions and onboarding and identity verification systems. In addition, it provides operations and maintenance services under a SaaS model as a complementary offering. With a team of over 200 employees, the division serves a select group of clients across the banking, transportation and retail sectors.
Stefanini Group is a Brazilian multinational technology company that provides a wide range of IT services, including consulting, application development, cloud computing, cybersecurity, data and analytics, artificial intelligence, infrastructure, business process outsourcing (BPO) and digital workplace solutions. The company operates in over 40 countries worldwide, serving clients across various industries.
Based in Brazil, Valid is a multinational technology and security solutions provider specializing in secure identification and payment solutions for individuals, mobility and transactions. The company operates across a range of sectors, including ID and digital government, banking and payments and trusted connectivity. Its portfolio includes smart cards, SIM cards including eSIMs, IoT connectivity, digital identity solutions and secure document issuance. With over 65 years of experience, Valid has a presence in more than 15 countries worldwide and is publicly traded on the Sao Paulo Stock Exchange.
Our role in the transaction
Oaklins’ team in Colombia acted as the exclusive financial advisor to the seller in this transaction, working closely with colleagues from Oaklins Olimpia Partners in Brazil, particularly to identify a buyer with a deep understanding of both the product and its development roadmap. The collaboration between the Colombian and Brazilian teams ensured a targeted, efficient process and a successful outcome for the client.
Talk to the deal team
Related deals
Moneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn moreTA Associates has completed a sell-down of its stake in Eurowag
TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).
Learn moreDIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn more