Arvato Financial Solutions’s increase of its interest in Intervalor to 81.5%.


Lobo & de Rizzo, K&L Gates and Vella Pugliese Buosi e Guidoni have advised on the deal

Arvato Financial Solutions, the globally acting financial services provider, has increased its holdings of Intervalor shares to 81.5%.

In June 2015, Arvato initially acquired 40% of interest in Brazilian financial services provider Intervalor shares. The latter operates from two locations in the São Paulo area and currently has around 3,000 employees. Its services are set up similarly to those of Arvato Financial Solutions.

The recent move has increased the international availability of Arvato services with local experts on the ground and familiarity with the legal situation there. By acquiring the majority of shares, Arvato is driving forward the company’s integration in the areas of finance and accounting, tools and processes and Bertelsmann standards. Consequently, the focus of Arvato will now be to compare relevant processes and products in countries where receivables management is realized similarly to Brazil as, for example, in Spain and UK in order to unleash synergies in product development and operations.

Both parties have come to an understanding that the financial details of the transaction will not be published. Local executive structure remains unchanged.

Lobo & de Rizzo has advised Arvato Financial Solutions with Otávio Valério (Picture) and Gisele Guedes.

K&L Gates has advised Arvato Financial Solutions with Felipe Eluf Creazzo.

Vella Pugliese Buosi e Guidoni Advogados has advised Intervalor with Rodrigo Vella and Carolina Pazello.

Involved fees earner: Rodrigo Vilardo Vella – Vella Pugliese Buosi e Guidoni ; Carolina Pazello – Vella Pugliese Buosi e Guidoni ; Otávio Lucas Solano Valério – Lobo & de Rizzo; Gisele Esteves Guedes – Lobo & de Rizzo; Felipe Creazzo – K&L Gates;

Law Firms: Vella Pugliese Buosi e Guidoni ; Lobo & de Rizzo; K&L Gates;

Clients: Arvato Financial Solutions; Intervalor;

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Author: Ambrogio Visconti.