Sale of a majority stake in CRK to Stefanini Group
The shareholders of CRK have sold a majority stake in the company to Topaz, Stefanini Group’s banking software division.
CRK is one of the leading providers of banking software for banks and other financial institutions in Brazil, with a comprehensive portfolio of solutions for treasury, asset
management, payments and compliance. The company is the market leader for treasury software, with approximately 70% market share, and has a customer base comprised of more than 115 domestic and foreign financial institutions, including banks, asset managers and fintechs.
Stefanini is a private Brazilian multinational IT service and software provider, including application services, data processing, digital, IT infrastructure and cybersecurity. It was founded in 1987 by current global CEO Marco Stefanini. The company is headquartered in Sao Paulo, Brazil, with European headquarters in Brussels, Belgium, and North American headquarters in Detroit, Michigan.
One of Oaklins’ teams in Brazil acted as the exclusive financial advisor to CRK.
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