Valid Soluções S.A. completed the acquisition of Flexdoc Tecnologia da Informação Ltda.
June 05, 2023
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Valid Soluções S.A. (BOVESPA:VLID3) signed an agreement to acquire Flexdoc Tecnologia da Informação Ltda for BRL 40 million on May 22, 2023. The transaction amount will be made up of three installments, namely: i)BRL 20 million paid on this date; ii) Additional portion of up to BRL 20 million, depending on certain operational performance indicators to be achieved during fiscal years 2023 and 2024; and iii) 80% of the profit achieved by Flexdoc over the next 4 years. Mariana Cortez and Mário Fioratti from Koury Lopes Advogados and Vella Pugliese Buosi e Guidoni - Advogados acted as legal advisors to Valid Soluções S.A. (BOVESPA:VLID3) in the transaction.
Valid Soluções S.A. (BOVESPA:VLID3) completed the acquisition of Flexdoc Tecnologia da Informação Ltda on June 6, 2023.
Valid Solucoes SA, formerly Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA, is a Brazil-based company primarily engaged in the provision of printed services. The Company's activities are divided into four business segments: Means of payment, Identification, Telecommunications and Digital certification. The Means of payment division produces cards, which are used on a daily basis for payments, identification, gift cards, vouchers and tickets, among others. The Identification division offers physical and electronic solutions, such as capture, storage and data management, security printing, as well as recognition and digital printing. The Telecommunications division provides instant lottery tickets, prepaid cards and public transportation tickets, among others. The Digital certification division offers technology and support services for government-certified digital certificates.
VALID SOLUÇÕES S.A. 
