Valid’s payment division in Colombia has been acquired by Stefanini Group
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.
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
ASPICON has been acquired by Grouplink, a portfolio company of Patrimonium Private Equity and Wille Finance
The acquisition of ASPICON GmbH has strengthened Grouplink Holding GmbH’s position as an integrated IT services group with deep technological expertise in the German-speaking region. ASPICON complements the group’s service portfolio by introducing a highly specialized component focused on database infrastructures.
Learn moreOGD has been sold to Building Beyond Technology Group
Building Beyond Technology Group (BBTG) strengthens its position in the IT sector by welcoming OGD IT-Dienstverlening (OGD) to its platform. With over 1,400 employees, OGD is an established name in the Dutch market as a mission-critical IT service provider for large-scale clients. This addition not only increases BBTG’s scale but also enhances its domain expertise and execution capabilities through close cooperation with the other platform companies.
Learn moreWhiteBit UAB has been acquired by Hawk Infinity Software AS
WhiteBit UAB has been acquired by Hawk Infinity Software AS. Norwegian investment company Hawk Infinity is recognized for its long-term investment philosophy, focusing on close collaboration with company founders and management. This transaction marks a new chapter in WhiteBit’s development and is expected to accelerate growth, strengthen its leadership in key areas of expertise and support expansion beyond Lithuania.
Learn more